secwatch.observer — SEC 8-K summary
======================================

Issuer:     Terran Orbital Corp (—)
CIK:        0001835512
Form:       8-K
Filed at:   2023-05-05T23:59:59+00:00
Accession:  0000950170-23-018335
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 5.03, 5.07, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Terran Orbital shareholders approve doubling authorized shares to 600M and Lockheed share issuance
--------------------------------------------------------------------------------

- Authorized common shares increased from 300M to 600M via Charter Amendment filed May 5.
- Approved issuance of shares to Lockheed Martin on conversion of $100M notes and 17,253,279 warrants.
- Elected directors Richard Y. Newton III, Tobi Petrocelli, Douglas L. Raaberg for three-year terms.
- Ratified KPMG LLP as independent auditor for fiscal year ending Dec 31, 2023.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1835512/000095017023018335/0000950170-23-018335-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1835512/000095017023018335/llap-20230501.htm
  HTML page:      https://secwatch.observer/filing/0000950170-23-018335

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer