Vertex Aerospace Prices 2M V2X Shares at $74.35, Retains Only 1.2% Stake
Vertex Aerospace sold 2,004,569 V2X shares at $74.35, retaining 375,420 shares (1.2%). Offering closes on May 11 with Morgan Stanley as sole underwriter and V2X receives no proceeds.
1. Offering Details
Vertex Aerospace Holdco priced an underwritten secondary offering of 2,004,569 V2X common shares at $74.35 per share. V2X itself is not selling any shares in the transaction and will not receive any proceeds from this offering.
2. Ownership Impact
After the offering, Vertex Aerospace’s direct ownership in V2X will drop to 375,420 shares, or approximately 1.2% of outstanding common stock. V2X’s total share count remains unchanged, increasing the company’s free-floating float.
3. Underwriting and Closing
Morgan Stanley is acting as the sole underwriter for the offering, which is expected to close on or about May 11, 2026, subject to customary closing conditions.