Deal Details

HawkEye 360 Completes $416 Million Initial Public Offering

Industrial

HawkEye 360 initial public offering

Summary

HawkEye 360, Inc. (“HawkEye 360” or the “Company”) (NYSE: HAWK) recently announced the pricing of its initial public offering of 16,000,000 shares of its common stock at a public offering price of $26.00 per share (the “Offering”). The underwriters have been granted a 30-day option to purchase up to an additional 2,400,000 shares of HawkEye 360’s common stock.

The Offering generated approximately $416 million in primary gross proceeds for HawkEye 360. The Company intends to use the net primary proceeds to repay all outstanding borrowings, to fund the deferred payment of the Company’s acquisition of ISA and for working capital and other general corporate purposes.

Baird served as a Bookrunner on the Offering.

Key Offering Metrics

Pricing Date - May 6, 2026
Exchange / Ticker - NYSE / HAWK
Initial Filing Range - $24.00 - $26.00
Offer Price - $26.00
Base Offering Size - $416.0 million (100% primary)
Overallotment Option - $62.4 million (100% primary)
Total Offering Size - $478.4 million
Diluted Market Cap - $2.8 billion
Enterprise Value - $2.4 billion
Execution - 8-day roadshow

About

HawkEye 360 is equipping defense, intelligence, and national security leaders with mission-critical signals intelligence to enable faster, better decision-making. By detecting, geolocating, and characterizing radio-frequency emissions worldwide, HawkEye 360 delivers trusted domain awareness and early-warning indicators to the US Government and allied partners. The Company’s space-based collection, proprietary signal processing, and AI-powered analytics transform knowledge of RF spectrum into a strategic advantage. Proven by operational mission success, HawkEye 360 is redefining how signals intelligence strengthens national and global security. HawkEye 360 is headquartered in Herndon, Virginia.

Industrial

HawkEye 360 initial public offering