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Stock impact report

Firefly Aerospace prices shares at $45, above the expected range [CNBC]

Karman Holdings Inc. (KRMN) 
Company Research Source: CNBC
Firefly will be the next space technology company to go public, following Voyager Technology and Karman Holdings this year. The Blue Ghost Mission Operations Engineer, Jaxon Liebeck, showcases the Blue Ghost moon lander at Firefly Aerospace headquarters on Tuesday, Dec. 3, 2024 in Cedar Park. priced its shares at $45 on Wednesday, above its expected range. The Texas-based will debut on the Nasdaq Thursday under the ticker symbol “ .” The offering raised $868 million and values the company at about $6.3 billion. Firefly filed its initial prospectus in July and upped its IPO range this week to $41 to $43 a share, from an initial range of $35 to $39. The sector has seen rising investor interest over the last few years as billionaire investors such as and put their money behind and , respectively. So far this year, space technology companies and have The broader IPO landscape has also seen major public debuts this year from and as the market for public offerings following a Show less Read more
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