10-K Filing

REDWIRE CORP CIK: 1819810 FY 2020

Filing Information

Form Type	10-K
Accession Number	`0001193125-21-098429`
Period End Date	20201231
Filing Date	20210329
Fiscal Year	2020
Fiscal Period	FY
XBRL Instance	gnpk-20201231.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 23 Income Statement 6 Cash Flow Statement 22 Stockholders Equity 10

Balance Sheet 23 line items

Line Item	Tag	Value	Unit	Period
Cash	`Cash`	$1.30M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$185.01K	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.48M	USD	Point-in-time
Cash and marketable securities held in Trust Account	`AssetsHeldInTrust`	$166.24M	USD	Point-in-time
Total Assets	`Assets`	$167.72M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$125.00K	USD	Point-in-time
Due to related party	`AccountsPayableRelatedPartiesCurrent`	$2.50K	USD	Point-in-time
Preferred stock par value	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$127.50K	USD	Point-in-time
Preferred stock shares authorized	`PreferredStockSharesAuthorized`	2.00M	shares	Point-in-time
Preferred stock shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Deferred underwriting discount	`DeferredUnderwritingDiscount`	$5.73M	USD	Point-in-time
Total liabilities	`Liabilities`	$5.86M	USD	Point-in-time
Preferred stock shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Commitments and Contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Class A ordinary shares subject to possible redemption, 15,454,614 shares at $10.15 per share	`RedeemableNoncontrollingInterestEquityCommonRedemptionValue`	$156.86M	USD	Point-in-time
Preference shares, $0.0001 par value; 2,000,000 shares authorized; none issued and outstanding	`PreferredStockValue`	-	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$5.03M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-28.91K	USD	Point-in-time
Stock issued during period value new issues	`StockIssuedDuringPeriodValueNewIssues`	$163.78M	USD	2 Qtrs
Total shareholders' equity	`StockholdersEquity`	$5.00M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	-	USD	Point-in-time
Total Liabilities and Shareholders' Equity	`LiabilitiesAndStockholdersEquity`	$167.72M	USD	Point-in-time

Income Statement 6 line items

Line Item	Tag	Value	Unit	Period
Formation and operating costs	`FormationAndOperatingCosts`	$39.66K	USD	2 Qtrs
Loss from operations	`OperatingIncomeLoss`	$-39.66K	USD	2 Qtrs
Interest income	`InvestmentIncomeInterest`	$10.75K	USD	2 Qtrs
Total other income	`OtherNonoperatingIncomeExpense`	$10.75K	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-28.91K	USD	2 Qtrs
Stock issued during period value new issues	`StockIssuedDuringPeriodValueNewIssues`	$163.78M	USD	2 Qtrs

Cash Flow Statement 22 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-28.91K	USD	2 Qtrs
Interest earned on marketable securities held in Trust Account	`InterestIncomeSecuritiesUSTreasury`	$10.75K	USD	2 Qtrs
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidExpensesAndOtherCurrentAssets`	$185.01K	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$125.00K	USD	2 Qtrs
Due to related party	`DueToRelatedParty`	$2.50K	USD	2 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-97.17K	USD	2 Qtrs
Purchase of investments held in Trust Account	`PaymentsToAcquireTrustPreferredInvestments`	$166.23M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-166.23M	USD	2 Qtrs
Proceeds from Initial Public Offering, net of underwriter's fees	`ProceedsFromIssuanceInitialPublicOffering`	$160.50M	USD	2 Qtrs
Proceeds from private placement	`ProceedsFromIssuanceOfPrivatePlacement`	$7.73M	USD	2 Qtrs
Proceeds from issuance of promissory note to related party	`ProceedsFromRelatedPartyDebt`	$30.00K	USD	2 Qtrs
Repayment of promissory note to related party	`RepaymentOfPromissoryNoteToRelatedParty`	$30.00K	USD	2 Qtrs
Payments of offering costs	`PaymentsOfStockIssuanceCosts`	$607.45K	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$167.63M	USD	2 Qtrs
Net change in cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$1.30M	USD	2 Qtrs
Cash - Beginning	`CashAndCashEquivalentsAtCarryingValue`	$1.30M	USD	Point-in-time
Cash - Beginning	`CashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
Cash - Ending	`CashAndCashEquivalentsAtCarryingValue`	$1.30M	USD	Point-in-time
Cash - Ending	`CashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
Change is value of Class A ordinary shares subject to possible redemption	`ChangeInValueOfClassAOrdinarySharesSubjectToPossibleRedemption`	$-21.30K	USD	2 Qtrs
Deferred underwriting commissions charged to additional paid-in capital	`OtherDeferredCompensationArrangementsLiabilityCurrent1`	$5.73M	USD	2 Qtrs
Deferred offering costs paid by Sponsor in exchange for issuance of ordinary shares	`DeferredOfferingCostsPaidBySponsorInExchangeForIssuanceOfOrdinaryShares`	$25.00K	USD	2 Qtrs

Stockholders Equity 10 line items

Line Item	Tag	Value	Unit	Period
Beginning balance	`StockholdersEquity`	$5.00M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	-	USD	Point-in-time
Class B ordinary shares issued to Sponsor	`StockIssuedDuringPeriodValueIssuedForServices`	$25.00K	USD	2 Qtrs
Stock issued during period value new issues	`StockIssuedDuringPeriodValueNewIssues`	$163.78M	USD	2 Qtrs
Sale of 16,377,622 Units on November 27, 2020 through IPO, gross	`StockIssuedDuringPeriodValueNewIssues`	$163.78M	USD	2 Qtrs
Underwriting fee and offering costs charged to shareholders' equity	`OfferingCostsChargedToTheEquityShareholdersEquity`	$-9.64M	USD	2 Qtrs
Change in Class A ordinary shares subject to possible redemption	`StockRedeemedOrCalledDuringPeriodValue`	$-156.86M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-28.91K	USD	2 Qtrs
Ending balance	`StockholdersEquity`	$5.00M	USD	Point-in-time
Ending balance	`StockholdersEquity`	-	USD	Point-in-time

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.