You are connecting from Lake Geneva Public Library, please login or register to take advantage of your institution's Ground News Plan.
Published 3 days ago • loading... • Updated 3 days ago
V2X, INC. ANNOUNCES SALE OF APPROXIMATELY 2.0 MILLION SHARES OF COMMON STOCK IN SECONDARY OFFERING BY VERTEX AEROSPACE
Vertex Aerospace will sell 2,004,569 V2X shares at $74.35 each, and V2X will receive no proceeds from the offering.
On Thursday, V2X, Inc. announced the pricing of a secondary offering of 2,004,569 shares of common stock by Vertex Aerospace Holdco LLC at $74.35 per share.
Morgan Stanley is acting as the sole underwriter for the offering, while V2X will not sell any shares and receives no proceeds from the transaction.
After the offering closes, an entity affiliated with Vertex Aerospace will retain 375,420 shares, representing approximately 1.2% of V2X's outstanding common stock.
The offering is expected to close on or about Monday, May 11, 2026, subject to customary closing conditions and investor review of the SEC prospectus.
V2X undertakes no obligation to update forward-looking statements regarding the offering, which involve risks and uncertainties described in documents filed with the SEC.