---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-23-018649"
form_type: "8-K"
ticker: "ASTC"
cik: "0001001907"
company_name: "ASTROTECH Corp"
filed_at: "2023-06-27T23:59:59+00:00"
generated_at: "2026-06-13T15:55:37.531633+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Astrotech receives unsolicited $17.25/share acquisition proposal from BML

## Summary
- BML Investment Partners offers $17.25 per share cash for all outstanding stock; BML holds ~13% of shares.
- Proposal subject to Astrotech having at least $35M cash net of costs and no ATM share issuances.
- Astrotech terminated its ATM agreement effective June 27, 2023 per proposal condition.
- Board will evaluate proposal; no stockholder action required at this time.

## SEC filing metadata
- accession: 0001437749-23-018649
- form_type: 8-K
- ticker: ASTC
- cik: 0001001907
- company_name: ASTROTECH Corp
- filed_at: 2023-06-27T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1001907/000143774923018649/0001437749-23-018649-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1001907/000143774923018649/astc20230627_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-23-018649
- JSON: https://secwatch.observer/filing/0001437749-23-018649.json
- Plain text: https://secwatch.observer/filing/0001437749-23-018649.txt

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