V2X, INC. ANNOUNCES SALE OF 2,000,000 SHARES OF COMMON STOCK IN SECONDARY OFFERING BY VERTEX AEROSPACE
- V2X, Inc. Announced that Vertex Aerospace sold 2 million shares of V2X common stock in a secondary offering expected to close around May 19, 2025, in McLean, Virginia.
- The offering was underwritten solely by RBC Capital Markets and will not provide any proceeds to V2X, since Vertex Aerospace is the seller, and the closing depends on customary conditions.
- Following the offering, Vertex Aerospace is expected to retain beneficial ownership of around 12.2 million shares, representing roughly 38.4% of V2X's outstanding shares. Additionally, the underwriter has a right to purchase up to 0.3 million more shares from Vertex Aerospace.
- The press release includes forward-looking statements related to the offering, indicated by words such as "may," "will," and "expect," which are subject to various risks and uncertainties that might lead to outcomes significantly different from those anticipated.
- V2X stated it will not update forward-looking statements unless required by law, and identified various business, economic, regulatory, and geopolitical risks described in their 2024 Annual Report and upcoming prospectus filings.
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V2X, INC. ANNOUNCES SALE OF 2,000,000 SHARES OF COMMON STOCK IN SECONDARY OFFERING BY VERTEX AEROSPACE
MCLEAN, Va., May 15, 2025 /PRNewswire/ -- V2X, Inc. (NYSE: VVX) ("V2X"), a leading provider of global mission solutions, announced today the sale of 2 million shares of its common stock on an underwritten basis by Vertex Aerospace Holdco LLC…
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