secwatch.observer — SEC 8-K summary
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Issuer:     KRATOS DEFENSE & SECURITY SOLUTIONS, INC. (KTOS)
CIK:        0001069258
Form:       8-K
Filed at:   2024-02-27T23:59:59+00:00
Accession:  0001069258-24-000011
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Kratos prices $300M common stock offering at $18/sh; net proceeds ~$288M
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- Offering of 16,666,667 shares at $18.00 each; underwriters' option for 2,500,000 additional shares exercised in full.
- Net proceeds to Kratos expected ~$288M after underwriting discounts and commissions.
- Proceeds to fund facilities, manufacturing capacity, capex, debt paydown, and general corporate purposes.
- Offering closed February 27, 2024; joint book-runners: Baird, RBC, Truist.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1069258/000106925824000011/0001069258-24-000011-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1069258/000106925824000011/ktos-20240221.htm
  HTML page:      https://secwatch.observer/filing/0001069258-24-000011

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