Surveillance Firm Hawkeye 360 Prices IPO to Raise $416 Million

Hawkeye 360 Inc., a provider of satellite-based signals intelligence for US government agencies, is raising $416 million in a US initial public offering priced at the top of a marketed range.

The Herndon, Virginia-based company is selling 16 million shares at $26 apiece, it said in a statement, confirming an earlier Bloomberg News report. The shares, which were marketed at $24 to $26 each, will begin trading on the New York Stock Exchange on Thursday under the ticker “HAWK.”

The pricing values Hawkeye 360 at $2.4 billion, based on the outstanding shares in its filings.

Goldman Sachs ...