York Space Systems $629 million IPO
We are advising the representatives of the underwriters on the IPO
Davis Polk is advising the representatives of the several underwriters in connection with the initial public offering of 18,500,000 shares of common stock of York Space Systems Inc. The underwriters have a 30-day option to purchase up to an additional 2,775,000 shares of common stock from York Space Systems. The common stock is listed on the New York Stock Exchange under the ticker symbol “YSS.”
York Space Systems is a leading space and defense prime providing a comprehensive suite of mission-critical solutions for national security, government and commercial customers. Based in Denver, Colorado, York is one of the only space and defense primes with proprietary hardware and software capabilities designed to address customers’ complex mission requirements across the critical elements of the entire space ecosystem throughout the mission lifecycle. York is purpose-built to address evolving national security space challenges and to adapt to the ongoing shift in the U.S. government’s mission needs and procurement processes, where economics, agility, rapid capabilities and heritage drive customer decision-making.
The Davis Polk capital markets team includes partners Michael Kaplan and Stephen A. Byeff, counsel Steven Glendon and associate Yusuke Tsuzuki. Partner Frank Azzopardi and associates Anthony Tran and Elizabeth Pott are providing intellectual property advice. Counsel Liang Zhang and associates Ya Sheng Lin and Fred (Chen) Fu are providing tax advice. Members of the Davis Polk team are based in the New York and London offices.