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Genesis Park Shareholders Approve Merger With Redwire, Clearing Path For New Public Space Company

Cal Biesecker By
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Genesis Park Shareholders Approve Merger With Redwire, Clearing Path For New Public Space Company
Peter Cannito, Redwire's chairman and CEO. Photo: Redwire

Shareholders for a publicly graded special purpose acquisition company on Wednesday approved a merger with Redwire, clearing the way for the merger on Thursday and paving the way for the space company to go public on Friday. Genesis Park Acquisition Corp. [GNPK] said Redwire's common stock will begin trading on Friday on the New York Stock Exchange under the ticker symbol RDW. The transaction values Redwire at an enterprise value of $620 million. Redwire was formed in June 2020 by…

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