Firefly Aerospace (FLY) prices 12M-share secondary offering at $48/share, $576M total

Filed June 2, 2026 · ~1 min read

Key Changes

• high

  The entire offering is secondary: all 12 million firm shares (plus the 1.8M-share overallotment) are sold by existing stockholders Glow NS Holdings and Glow Holdings Aggregator. Firefly receives zero proceeds.

  controls and procedures verify on EDGAR →
• high

  Offering prices at $48.00 per share, valuing the 12M-share base offering at $576 million gross, all of which goes to the selling stockholders.

  controls and procedures verify on EDGAR →
• high

  Material weakness in internal controls: asset access is permitted only with management authorization, and recorded accountability for assets must be compared with existing assets at reasonable intervals with appropriate action taken on discrepancies.

  Risk Factors verify on EDGAR →