News08/08/2025
Firefly closes IPO and enters USD 125 million revolving facility
Wells Fargo →Firefly’s IPO closed August 8, 2025 after underwriters exercised the full share option on August 7. Wells Fargo Securities was an underwriting representative. On August 8 Firefly also entered a separate USD 125 million senior secured revolving facility with Wells Fargo Bank, N.A. as administrative agent. Its maturity was August 8, 2028. The credit capacity is separate from IPO proceeds and is not solely Wells Fargo’s commitment.