---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-029677"
form_type: "8-K"
ticker: "KRMN"
cik: "0002040127"
company_name: "Karman Holdings Inc."
filed_at: "2025-02-19T23:59:59+00:00"
generated_at: "2026-05-26T12:35:58.172872+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Karman Holdings prices IPO at $22/share, raises ~$147M net; begins trading on NYSE

## Summary
- IPO of 23M shares at $22.00; company sold 8.42M, selling stockholders 14.58M.
- Net proceeds to Karman ~$147M after underwriting discounts and offering expenses.
- Underwriters' over-allotment option for 3.45M shares fully exercised on Feb 13.
- Shares began trading on NYSE under ticker KRMN on Feb 13; offering closed Feb 14.
- 180-day lock-up restricts Karman from issuing additional shares without underwriter consent.

## SEC filing metadata
- accession: 0001193125-25-029677
- form_type: 8-K
- ticker: KRMN
- cik: 0002040127
- company_name: Karman Holdings Inc.
- filed_at: 2025-02-19T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 1.01, 5.03, 3.03, 5.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/2040127/000119312525029677/0001193125-25-029677-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/2040127/000119312525029677/d932505d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-029677
- JSON: https://secwatch.observer/filing/0001193125-25-029677.json
- Plain text: https://secwatch.observer/filing/0001193125-25-029677.txt

## Key facts
- Executive change
  Stephen Twitty was appointed as Director at Karman Holdings Inc..
  - Action: appointed
  - Role: Director
  source text: each of Matthew Alty, John Hamilton, Tony Koblinski, Brian Raduenz and Stephen Twitty were appointed to the Board of Directors of the Company (the "Board").
  evidence_url: https://www.sec.gov/Archives/edgar/data/2040127/000119312525029677/0001193125-25-029677-index.htm
- Executive change
  Brian Raduenz was appointed as Director at Karman Holdings Inc..
  - Action: appointed
  - Role: Director
  source text: each of Matthew Alty, John Hamilton, Tony Koblinski, Brian Raduenz and Stephen Twitty were appointed to the Board of Directors of the Company (the "Board").
  evidence_url: https://www.sec.gov/Archives/edgar/data/2040127/000119312525029677/0001193125-25-029677-index.htm
- Executive change
  Tony Koblinski was appointed as Director at Karman Holdings Inc..
  - Action: appointed
  - Role: Director
  source text: each of Matthew Alty, John Hamilton, Tony Koblinski, Brian Raduenz and Stephen Twitty were appointed to the Board of Directors of the Company (the "Board").
  evidence_url: https://www.sec.gov/Archives/edgar/data/2040127/000119312525029677/0001193125-25-029677-index.htm
- Executive change
  David Stinnett changed role as Director at Karman Holdings Inc..
  - Action: continued as director
  - Role: Director
  source text: David Stinnett continues to serve as a director of the Company.
  evidence_url: https://www.sec.gov/Archives/edgar/data/2040127/000119312525029677/0001193125-25-029677-index.htm
- Executive change
  John Hamilton was appointed as Director at Karman Holdings Inc..
  - Action: appointed
  - Role: Director
  source text: each of Matthew Alty, John Hamilton, Tony Koblinski, Brian Raduenz and Stephen Twitty were appointed to the Board of Directors of the Company (the "Board").
  evidence_url: https://www.sec.gov/Archives/edgar/data/2040127/000119312525029677/0001193125-25-029677-index.htm
- Executive change
  Matthew Alty was appointed as Director at Karman Holdings Inc..
  - Action: appointed
  - Role: Director
  source text: each of Matthew Alty, John Hamilton, Tony Koblinski, Brian Raduenz and Stephen Twitty were appointed to the Board of Directors of the Company (the "Board").
  evidence_url: https://www.sec.gov/Archives/edgar/data/2040127/000119312525029677/0001193125-25-029677-index.htm
- Governance Changes
  Karman Holdings Inc.: Certificate of Incorporation filed and became effective (effective 2025-02-12).
  - Change: charter amendment
  - Effective: 2025-02-12
  source text: On February 12, 2025, the Company filed a Certificate of Incorporation (the “Certificate of Incorporation”) with the Secretary of State of the State of Delaware, and the Company’s Bylaws (the “Bylaws”) became effective on such date.
  evidence_url: https://www.sec.gov/Archives/edgar/data/2040127/000119312525029677/0001193125-25-029677-index.htm
- Governance Changes
  Karman Holdings Inc.: Bylaws became effective on same date (effective 2025-02-12).
  - Change: bylaw amendment
  - Effective: 2025-02-12
  source text: On February 12, 2025, the Company filed a Certificate of Incorporation (the “Certificate of Incorporation”) with the Secretary of State of the State of Delaware, and the Company’s Bylaws (the “Bylaws”) became effective on such date.
  evidence_url: https://www.sec.gov/Archives/edgar/data/2040127/000119312525029677/0001193125-25-029677-index.htm

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