Voyager Technologies Launches Initial Public Offering Roadshow
Voyager Technologies, Inc. announced today that it has initiated the roadshow for its planned underwritten initial public offering (IPO) of 11 million shares of its Class A common stock. The underwriters involved in this offering will also have a 30-day option to acquire an additional 1.65 million shares of Class A common stock at the IPO price, minus any underwriting discounts and commissions. The anticipated price range for the shares is between $26.00 and $29.00 each. Voyager expects to have its Class A common stock listed on the New York Stock Exchange under the ticker symbol “VOYG,” pending the completion of the necessary issuance notice.
Funding Growth Initiatives
The funds raised from the IPO are expected to primarily support Voyager’s strategic growth initiatives. This includes investments in research and development and the acquisition of capital assets essential for advancing Voyager’s long-term innovation strategies. Additionally, a portion of the raised capital may be used to explore possible mergers and acquisitions that align with Voyager’s core business operations. The remaining proceeds are intended for general working capital needs, which include settling existing debts, covering administrative expenses, improving systems, and addressing other operational requirements.
Management Team for the Offering
Morgan Stanley and J.P. Morgan have been appointed as the joint-lead book-running managers for the forthcoming IPO. Other institutions such as Barclays, Jefferies, BofA Securities, KeyBanc Capital Markets, and Wolfe | Nomura Alliance will serve as book-running managers for this offering. The IPO will be conducted exclusively through a prospectus, with the preliminary prospectus available for distribution by the aforementioned firms when it is released.
About Voyager Technologies
Voyager is a company specializing in defense and space technology, dedicated to providing innovative solutions that are critical for various missions. By addressing complex challenges, Voyager aims to open new avenues for human advancement, enhance national security, and safeguard essential assets across terrestrial and extraterrestrial domains.
Important Information Regarding the Offering
A registration statement has been submitted to the U.S. Securities and Exchange Commission concerning these securities, but it has yet to gain effectiveness. Selling these securities or accepting offers to purchase them before the registration statement is effective is prohibited.
Forward-Looking Statements Disclaimer
This press release may contain forward-looking statements, particularly regarding Voyager’s expectations about the timing, completion, and size of its proposed public offering and listing. These statements are defined under Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Voyager aims to ensure that these forward-looking statements are protected by the safe harbor provisions established in the aforementioned acts. Readers should recognize that these statements are subject to various risks and uncertainties that could lead to actual results differing significantly from those anticipated. Consequently, these statements should not be viewed as guarantees of future performance. Voyager does not commit to updating or revising any forward-looking statements unless legally mandated.