HawkEye 360 Raises $416M in NYSE Debut, Prices at Top of Range
HawkEye 360, a signals intelligence firm located in Herndon, Virginia, successfully secured $416 million through its initial public offering on the New York Stock Exchange. The firm offered 16 million shares at a price of $26 per share, reaching the upper limit of its anticipated range of $24 to $26. The decision to price the IPO at this peak level reflects robust demand from investors for the company's stock.
Key facts
- HawkEye 360 raised $416 million in its NYSE debut
- The company sold 16 million shares at $26 each
- The price was at the high end of the $24-to-$26 target range
- HawkEye 360 is based in Herndon, Virginia
- The company is a signals intelligence company
Entities
Institutions
- HawkEye 360
- New York Stock Exchange
Locations
- Herndon
- Virginia
- United States