secwatch.observer — SEC 8-K summary
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Issuer:     Intuitive Machines, Inc. (LUNR)
CIK:        0001844452
Form:       8-K
Filed at:   2024-01-11T23:59:59+00:00
Accession:  0001213900-24-002818
Event type: other_material
Sentiment:  neutral
Materiality: 0.65
Item codes: 1.01, 3.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Intuitive Machines raises $11.8M via warrant exercise, issues new warrants for up to 9.4M shares
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- Exercised existing Series B warrant for 4,705,883 shares at $2.50, gross proceeds $11.8M.
- Investor received New Series A & B warrants each for 4,705,883 shares at $2.75, subject to stockholder approval.
- New warrants include 9.99% beneficial ownership cap; Co. to file resale registration with SEC.
- Cantor Fitzgerald acted as exclusive warrant inducement agent for the transaction.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1844452/000121390024002818/0001213900-24-002818-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1844452/000121390024002818/ea191501-8k_intuitive.htm
  HTML page:      https://secwatch.observer/filing/0001213900-24-002818

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