V2X announces sale of 2.25M shares of common stock by Vertex Aerospace

V2X (VVX) announced the sale of 2.25M shares of its common stock on an underwritten basis by Vertex Aerospace. V2X is not selling any shares of common stock in the offering, and V2X will not receive any proceeds from the offering by Vertex Aerospace. The offering is expected to close on or about November 13, subject to customary closing conditions. RBC Capital Markets is acting as the sole underwriter for the offering. Subject to the closing of the offering, V2X has agreed to purchase from the underwriter 363,638 of the shares of V2X’s common stock that are subject to the offering at a price per share of common stock equal to the price to be paid to Vertex Aerospace by RBC Capital Markets. V2X intends to fund the repurchase of its common stock with cash on hand.