Deal Details

York Space Systems Completes $629.0 Million Initial Public Offering

Industrial

York Space Systems initial public offering

Summary

York Space Systems Inc. ("York Space Systems" or “York”) (NYSE: YSS) recently completed the pricing of its upsized initial public offering of 18,500,000 shares of its common stock at a public offering price of $34.00 per share (the “Offering”). The Offering generated approximately $629.0 million in primary gross proceeds for York. The underwriters have been granted a 30-day option to purchase up to an additional 2,775,000 shares of York’s common stock. York expects to use the net primary proceeds for working capital to fund growth and for other general corporate purposes.

Baird served as a bookrunner on the Offering.

About

York Space Systems is a leading, U.S.-based, space and defense prime providing a comprehensive suite of mission-critical solutions for national security, government and commercial customers. York is one of the only space and defense primes with proprietary hardware and software capabilities designed to address customers’ complex mission requirements across the critical elements of the entire space ecosystem throughout the mission lifecycle. York is purpose-built to address evolving national security space challenges and to adapt to the ongoing shift in the U.S. government’s mission needs and procurement processes, where economics, agility, rapid capabilities and heritage drive customer decision making. York is headquartered in Denver, Colorado.

Industrial

York Space Systems initial public offering