secwatch.observer — SEC 8-K summary
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Issuer:     Karman Holdings Inc. (KRMN)
CIK:        0002040127
Form:       8-K
Filed at:   2026-06-01T21:28:29+00:00
Accession:  0001193125-26-251791
Event type: other_material
Sentiment:  neutral
Materiality: 0.70
Item codes: 1.01, 7.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Selling stockholders price upsized secondary offering of 14M shares at $61/share for ~$854M gross proceeds
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- Offering upsized from 13.5M to 14M shares; priced at $61.00/share; gross proceeds ~$854M to selling stockholders.
- Karman receives no proceeds; underwriters have 30-day option to purchase an additional 2.1M shares at same price.
- Operational data update shows active pipeline grew to ~$3B, a ~4x increase in business development activity.
- Major program opportunities: hypersonics & strategic missile defense ~$500M, tactical missiles ~$700M, maritime ~$300M, space launch ~$250M.
- Company positioned for over $1B contract value on high-priority programs; FY2026 budget request includes $6.5B for hypersonics.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2040127/000119312526251791/0001193125-26-251791-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2040127/000119312526251791/d117104d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-251791

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer