Firefly Aerospace Inc. — Director's Dealing 2025

Aug 7, 2025

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: Firefly Aerospace Inc. (FLY)
CIK: 0001860160
Period of Report: 2025-08-06

Reporting Person: AEROEQUITY GP, LLC (N/A)
Reporting Person: Glow B Holdings, LLC (N/A)
Reporting Person: Glow C Holdings, LLC (N/A)
Reporting Person: Glow D Holdings, LLC (N/A)
Reporting Person: Glow NS Holdings, LLC (N/A)
Reporting Person: AE CO-INVESTMENT PARTNERS FUND III-F, LP (N/A)
Reporting Person: AE INDUSTRIAL PARTNERS STRUCTURED SOLUTIONS I, LP (N/A)
Reporting Person: GREENE MICHAEL ROBERT (N/A)
Reporting Person: ROWE DAVID H. (N/A)

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	4695184	Indirect
Common Stock	7924721	Indirect
Common Stock	7217573	Indirect
Common Stock	38215447	Indirect
Common Stock	652502	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Warrants to Purchase Common Stock	$21.1725	2033-07-17	Common Stock (100320)		Indirect

Footnotes

F1: The shares of common stock reported hereby give effect to the automatic conversion of the Issuer's preferred stock pursuant to the Issuer's Twelfth Amended and Restated Certificate of Incorporation. Such securities were held by the reporting person at the time the Issuer's common stock became registered pursuant to Section 12 of the Securities Exchange Act of 1934.

F2: Glow NS Holdings, LLC is controlled by Glow NS Intermediate Holdings, LLC, its sole member. Glow B Holdings, LLC and Glow NS Intermediate Holdings LLC are controlled by Glow Aggregator, LLC as each entity's sole member. Glow Aggregator, LLC is controlled by AE Industrial Partners Fund II, L.P. as managing member. AE Industrial Partners Fund II, L.P. is controlled by AE Industrial Partners Fund II GP, LP ("AE Fund II GP"), its general partner. Glow C Holdings, LLC, and Glow D Holdings, LLC are controlled by AE Industrial Partners Fund III, LP as managing member. AE Co-Investment Partners Fund III-F, LP and AE Industrial Partners Fund III, LP. are controlled by AE Industrial Partners Fund III GP, LP ("AE Fund III GP"), as each entity's general partner. AE Industrial Partners Structured Solutions I, LP is controlled by AE Industrial Partners Structured Solutions I GP, LP ("AE Solutions GP"), its general partner.

F3: (Continued from footnote 2) AE Fund II GP, AE Fund III GP, and AE Solutions GP are each managed by each entity's respective general partner, AeroEquity GP, LLC. AeroEquity GP, LLC is controlled by its managing members, Michael Greene and David Rowe. Messrs. Greene and Rowe make all voting and investment decisions with respect to the securities held by AE Industrial Partners. Each of the entities and individuals named above disclaims beneficial ownership of the securities held by AE Industrial Partners, except to the extent of its pecuniary interest therein.

F4: Held by Glow B Holdings, LLC.

F5: Held by Glow C Holdings, LLC.

F6: Held by Glow D Holdings, LLC.

F7: Held by Glow NS Holdings, LLC.

F8: Held by AE Co-Investment Partners Fund III-F, LP.

F9: Warrants are exercisable immediately.

F10: Held by AE Industrial Partners Structured Solutions I, LP.