---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-26-062961"
form_type: "8-K"
ticker: null
cik: "0002075109"
company_name: "Matternet, Inc."
filed_at: "2026-05-29T21:21:17+00:00"
generated_at: "2026-05-29T21:22:44.824101+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Matternet goes public via reverse merger with Los Altos Ventures, $27.6M PIPE

## Summary
- Merger closed May 22, 2026; former Legacy Matternet shareholders received 2.0801 new shares per share.
- Private placement of 9,212,773 shares at $3.00/share raised ~$27.6M gross, net ~$20.7M after fees.
- $6.0M in bridge notes converted into ~2.5M shares at $2.40/share; holders also got warrants for 2.5M shares at $3.00 strike.
- New board of directors and executive officers appointed; company intends to list common stock on OTCQB.
- Lock-up agreements restrict share transfers for 6 months post-exchange listing; 3.825M shares reserved under 2026 equity plan.

## SEC filing metadata
- accession: 0001213900-26-062961
- form_type: 8-K
- cik: 0002075109
- company_name: Matternet, Inc.
- filed_at: 2026-05-29T21:21:17+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 1.01, 2.01, 3.02, 3.03, 4.01, 5.01, 5.02, 5.03, 5.06, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/2075109/000121390026062961/0001213900-26-062961-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/2075109/000121390026062961/ea0292214-8k_matternet.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-26-062961
- JSON: https://secwatch.observer/filing/0001213900-26-062961.json
- Plain text: https://secwatch.observer/filing/0001213900-26-062961.txt

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