IPO Roadshow Launched by HawkEye 360
Initial Price Expected to Be Between $24 and $26 Per Share
The roadshow for the proposed initial public offering of HawkEye 360 common stock has been launched. The proposed offering consists of 16,000,000 shares of common stock with the initial public offering price expected to be between $24.00 and $26.00 per share. HawkEye 360 expects to grant the underwriters a 30-day option to purchase up to an additional 2,400,000 shares of common stock at the initial public offering price, less the underwriting discount.
The company intends to list its common stock on the New York Stock Exchange under the ticker symbol “HAWK.”
Goldman Sachs & Co. LLC and Morgan Stanley (in alphabetical order) are acting as lead book-running managers for the offering. RBC Capital Markets, Jefferies, and BofA Securities are acting as additional book-running managers for the offering. Baird, Raymond James, and William Blair are acting as bookrunners for the offering. Drexel Hamilton is acting as co-manager for the offering.
The proposed offering will be made only by means of a prospectus. Copies of the preliminary prospectus related to the proposed offering, when available, may be obtained from: Goldman Sachs & Co. LLC, Attention: Prospectus Department, 200 West Street, New York, New York 10282, by telephone at 1-866-471-2526, by facsimile at 212-902-9316 or by email; or Morgan Stanley & Co. LLC, Attention: Prospectus Department, 180 Varick Street, 2nd Floor, New York, New York 10014.
A registration statement relating to these securities has been filed with the SEC but has not yet become effective. These securities may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective. This press release shall not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.