Intuitive Machines files S-3 registration with pro forma financials showing $64.3M pro forma cash after capital raises

Intuitive Machines, Inc.

Pro forma balance sheet as of Dec 31, 2023 shows $64.3M cash vs historical $4.5M after capital raises.
Armistice Private Placement raised $20M; subsequent warrant exercises added ~$50.6M through Feb 2024.
Loan conversion in Jan 2024: $10M contributed by Ghaffarian Enterprises for 3.5M shares and warrants.
Pro forma net loss for 2023 is $60.5M after adjustments, vs historical net income of $15M.
21,000 shares of Series A Preferred Stock converted into 7.7M Class A common shares.

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