TORONTO, March 20, 2026 /CNW/ - MDA Space Ltd. ("MDA Space" or the "Company") (TSX: MDA) (NYSE: MDA) today announced that, in connection with its recently completed marketed public offering (the "Offering") of common shares of MDA Space (the "Common Shares"), the underwriters have exercised their over-allotment option to purchase an additional 1,344,071 Common Shares at the price to public of US$30.50 per Common Share for additional aggregate gross proceeds to the Company of approximately US$41 million. The exercise of the over‐allotment option increases the total gross proceeds of the Offering to approximately US$341 million.
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MDA SPACE ANNOUNCES EXERCISE OF OVER-ALLOTMENT OPTION IN INITIAL PUBLIC OFFERING IN THE UNITED STATES
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