Terran Orbital files to sell common stock, warrants, no amount given

Terran Orbital announced that it intends to offer and sell in a public offering, subject to market and other conditions, shares of its common stock and warrants to purchase shares of common stock. Each share of common stock will be sold with a warrant to purchase the company’s common stock. H.C. Wainwright & Co. is acting as the exclusive placement agent for the proposed offering. Terran Orbital expects to use the net proceeds of the proposed offering for general corporate purposes including capital expenditures, working capital, research and development, and general and administrative expenses, and maintenance of the liquidity covenant in the company’s debt documents.