What Happened to Redwire?
Ticker: RDWSPAC Year: 2020Merger: 2025
Return
-6.2%
Current Price
$9.5
Peak Price
$26.66
Trust Size
$1.4B
Summary
Redwire Corporation is a space infrastructure company that provides mission-critical components, systems, and platforms for national security, civil, and commercial customers. The company went public via SPAC merger with Genesis Park Acquisition Corp in 2021.
What Happened
Genesis Park Acquisition Corp merged with Redwire in September 2021. The space infrastructure company won contracts from NASA and the Department of Defense, with revenue growing significantly. The stock hit an all-time high of $26.66 in February 2025 before pulling back to ~$9. Redwire was misclassified as bankrupt and is actively trading on NYSE.
Timeline
2020-11-17
S-1 Registration Filed
2025-05-09
Merger Proxy Filed (DEFM14A)