secwatch.observer — SEC 8-K summary
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Issuer:     Intuitive Machines, Inc. (LUNR)
CIK:        0001844452
Form:       8-K
Filed at:   2024-12-05T23:59:59+00:00
Accession:  0001193125-24-271557
Event type: other_material
Sentiment:  neutral
Materiality: 0.65
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Intuitive Machines closes upsized public offering and private placement, netting ~$116.9M
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- Offering of 10,952,381 shares at $10.50/share completed Dec 5, including full exercise of underwriters’ option.
- Net proceeds to Company from offering and concurrent private placement: ~$116.87 million after underwriting discounts.
- Concurrent private placement with Boryung Corporation for 952,381 shares at the same public offering price.
- Proceeds to be used to acquire newly-issued common units of Intuitive Machines OpCo for general corporate purposes.
- Selling stockholder sold 152,857 shares; Company did not receive those proceeds.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1844452/000119312524271557/0001193125-24-271557-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1844452/000119312524271557/d915540d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-271557

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