Karman announces secondary offering of 20M shares and extended lock-up agreements; preliminary Q2 results

Karman Holdings Inc.

Secondary offering of 20,000,000 shares by selling stockholders (plus 3M option); company receives no proceeds.
Largest stockholder Trive Capital (56% pre-offering) will distribute remaining shares to LPs and cease beneficial ownership.
New lock-ups: 25% of distributed shares locked 360 days, 75% for 720 days for senior Trive principals; others locked 360 days.
Preliminary Q2 FY2025 results released in connection with offering; full results and conference call scheduled for Aug 7, 2025.

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