HawkEye 360, a signals intelligence data and analytics company, announced it has launched the roadshow for its initial public offering on April 27. The company plans to offer 16 million shares of common stock at a price range of $24.00 to $26.00 per share.

The underwriters have a 30-day option to purchase up to an additional 2.4 million shares at the IPO price, less the underwriting discount. At the high end of the price range, the offering could raise approximately $416 million if the overallotment option is fully exercised.

HawkEye 360 intends to list its common stock on the New York Stock Exchange under the ticker symbol "HAWK."

Goldman Sachs & Co. LLC and Morgan Stanley are serving as lead book-running managers for the offering. RBC Capital Markets, Jefferies and BofA Securities are acting as additional book-running managers. Baird, Raymond James and William Blair are serving as bookrunners, while Drexel Hamilton is acting as co-manager.

The company has filed a registration statement with the Securities and Exchange Commission, but it has not yet become effective. The securities cannot be sold until the registration statement becomes effective.

Based in Herndon, Virginia, HawkEye 360 provides signals intelligence services to defense, intelligence and national security organizations. The company uses space-based collection and analytics to detect and geolocate radio-frequency emissions worldwide.