HawkEye 360 valuation hits $3.15 billion in NYSE debut
HawkEye 360 shares rose 30 percent on their NYSE debut Thursday, valuing the firm at $3.15 billion. The company raised $416 million in its initial offering.
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HawkEye 360 reached a $3.15 billion valuation after its shares rose 30% during its New York Stock Exchange debut on Thursday. The space analytics firm raised $416 million on Wednesday by selling 16 million shares at $26 each. This listing signals investor appetite for space-technology assets serving defense and national security.
Shares opened at $33.80, exceeding the initial $26 offer price. The pricing hit the top of the marketed $24 to $26 range.
