Karman Space & Defense Launches Public Offering of 13.5M Shares
Karman Space & Defense announced the launch of an underwritten public offering of 13.5M shares of its common stock by certain selling stockholders, subject to market and other conditions. Karman is not selling any shares in the offering and will not receive any proceeds from the offering. The selling stockholders will receive all of the net proceeds from the offering. Citigroup and Evercore ISI are acting as book-running managers for the offering.