Firefly Aerospace, a space and defense technology company, announced that it has started its roadshow for a planned IPO of 16.2 million common shares. The expected price range is between $35 and $39 per share.
The company plans to use the net proceeds raised from the IPO to repay existing debt, cover unpaid dividends on some of its preferred shares, and fund general corporate needs.
It also plans to give underwriters a 30-day option to buy up to 2.43 million more shares at the IPO price.
Firefly has applied to list its common stock on the Nasdaq Global Market under the ticker symbol "FLY."
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.