Redwire Corp RDW shares are falling in Monday’s after-hours session after the company announced a common stock offering.

What Happened: After the market close on Monday, Redwire announced that it commenced a $200 million registered public offering of common stock. The company plans to grant the underwriters a 30-day option to purchase up to an additional 15% of shares sold in the offering.

Redwire expects to use the net proceeds for general corporate purposes, including to fund growth, to repurchase a portion of its stock and to repay the previously disclosed seller note issued in connection with its acquisition of Edge Autonomy.

Redwire announced the closing of its Edge Autonomy acquisition on Friday. The deal included $160 million in cash and $765 million in stock, according to Benzinga Pro.

Redwire had $89.2 million of total liquidity as of March 31, which included $54.2 million in cash and cash equivalents and $35 million in available borrowings from existing credit facilities.

How To Buy RDW Stock

By now, you're likely curious about how to participate in the market for Redwire, be it to purchase shares or even attempt to bet against the company.

Buying shares is typically done through a brokerage account. You can find a list of possible trading platforms here. Many will allow you to buy “fractional shares,” which allows you to own portions of stock without buying an entire share.

If you're looking to bet against a company, the process is more complex. You'll need access to an options trading platform or a broker who will allow you to “go short” a share of stock by lending you the shares to sell. The process of shorting a stock can be found at this resource. Otherwise, if your broker allows you to trade options, you can either buy a put option or sell a call option at a strike price above where shares are currently trading — either way, it allows you to profit from the share price decline.

RDW Price Action: Redwire shares were down 10.55% in after-hours Monday, trading at $18.40 at the time of publication, per Benzinga Pro.

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