Surveillance Firm Hawkeye 360 Raises $416 Million in IPO

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

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