---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-045633"
form_type: "8-K"
ticker: null
cik: "0001835512"
company_name: "Terran Orbital Corp"
filed_at: "2024-04-18T23:59:59+00:00"
generated_at: "2026-06-03T19:28:12.998452+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.2
calibrated_materiality_score: 0.2
confidence: "high"
source: SEC EDGAR
---

# Terran Orbital amends rights agreement, removes 'Acting in Concert' definition

## Summary
- Amended Rights Agreement removes 'Acting in Concert' concept and clarifies beneficial ownership treatment for interest-in-kind payments.
- Agreement amends definition of 'Acquiring Person' to address right to pay interest in kind instead of cash.
- Agreement entered on April 18, 2024, with Continental Stock Transfer & Trust as rights agent.

## SEC filing metadata
- accession: 0000950170-24-045633
- form_type: 8-K
- cik: 0001835512
- company_name: Terran Orbital Corp
- filed_at: 2024-04-18T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.2
- calibrated_materiality_score: 0.2
- confidence: high
- sec_items: 1.01, 3.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1835512/000095017024045633/0000950170-24-045633-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1835512/000095017024045633/llap-20240418.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-045633
- JSON: https://secwatch.observer/filing/0000950170-24-045633.json
- Plain text: https://secwatch.observer/filing/0000950170-24-045633.txt

## Key facts
- Material Agreements
  Terran Orbital Corp amended Amended and Restated Rights Agreement with Continental Stock Transfer & Trust Company (effective 2024-04-18).
  - Action: amendment
  - Counterparty: Continental Stock Transfer & Trust Company
  - Effective: 2024-04-18
  source text: On April 18, 2024, Terran Orbital Corporation (the “Company”) entered into an Amended and Restated Rights Agreement (the “Amended Rights Agreement”), which amends and restates the Rights Agreement dated as of March 4, 2024 (the “Rights Agreement”), by and between the Company and Continental Stock Transfer & Trust Company, as rights agent.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1835512/000095017024045633/0000950170-24-045633-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.