StoryFunding
York Space Systems lists on the NYSE, raising $629M at about $4.75B
York priced its upsized IPO at $34 a share, the top of its range, raising $629M and valuing the company near $4.75B. It had 33 spacecraft in orbit across six SDA contracts, and plans to spend the money on production inventory and R&D.
- Ticker YSS on the NYSE; priced at $34.
- AE Industrial Partners keeps over 50% of voting power.
- Weighing a roughly $120M purchase of a key supplier to make more parts in-house.