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Redwire Announces Redemption of Outstanding Public Warrants

1. Redwire Corporation completed the redemption of its publicly traded warrants. 2. This action may improve stock liquidity and investor confidence in RDW.

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FAQ

Why Bullish?

Redeeming warrants can boost stock demand and decrease potential dilution, positively affecting RDW.

How important is it?

The completion of warrant redemption indicates strong management actions that usually lead to positive stock performance.

Why Short Term?

The immediate impact from warrant redemption is likely to be felt quickly, enhancing stock performance in the near term.

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JACKSONVILLE, Fla.--(BUSINESS WIRE)--Redwire Corporation (NYSE: RDW) (the “Company”), a leader in space infrastructure for the next generation space economy, today announced that it has completed the redemption of its publicly traded warrants (the “Warrants”) to purchase shares of the Company's common stock, $0.0001 par value per share (“Common Stock”), that were issued under the Warrant Agreement, dated November 23, 2020, by and between the Company (f/k/a Genesis Park Acquisition Corp.) and Co.

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