---
schema_version: "secwatch.filing_event.v1"
accession: "0001844452-23-000051"
form_type: "8-K"
ticker: "LUNR"
cik: "0001844452"
company_name: "Intuitive Machines, Inc."
filed_at: "2023-09-06T23:59:59+00:00"
generated_at: "2026-06-10T23:35:31.535109+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Intuitive Machines raises $20M via stock/warrant placement; affiliate invests $3.2M

## Summary
- Sold 4.7M shares and warrants to an institutional investor for $20M gross proceeds at $4.75 exercise price.
- Ghaffarian Enterprises (affiliate of chairman) invested $3.2M for OpCo units and Class A/C shares at $9.51/unit.
- CEO says IM-1 lunar mission expected mid-November 2023; IM-2/IM-3 launches in 2024.
- Transition of NASA's $719M OMES III contract started; revenue expected in Q4 2023.
- Company says it no longer expects to need the previously announced $50M Committed Equity Facility.

## SEC filing metadata
- accession: 0001844452-23-000051
- form_type: 8-K
- ticker: LUNR
- cik: 0001844452
- company_name: Intuitive Machines, Inc.
- filed_at: 2023-09-06T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 3.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1844452/000184445223000051/0001844452-23-000051-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1844452/000184445223000051/lunr-20230906.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001844452-23-000051
- JSON: https://secwatch.observer/filing/0001844452-23-000051.json
- Plain text: https://secwatch.observer/filing/0001844452-23-000051.txt

## Key facts
- Material Agreements
  Intuitive Machines, Inc. entered into Registration Rights Agreement with the Purchaser (effective 2023-08-30).
  - Action: entry
  - Counterparty: the Purchaser
  - Effective: 2023-08-30
  source text: On August 30, 2023, in connection with the entry into the Purchase Agreement, the Company entered into a Registration Rights Agreement (the “Registration Rights Agreement”) with the Purchaser.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1844452/000184445223000051/0001844452-23-000051-index.htm
- Material Agreements
  Intuitive Machines, Inc. entered into Securities Purchase Agreement with the purchaser named therein valued at aggregate gross proceeds of approximately $20.0 million (effective 2023-08-30).
  - Action: entry
  - Agreement: equity purchase
  - Counterparty: the purchaser named therein
  - Value: aggregate gross proceeds of approximately $20.0 million
  - Effective: 2023-08-30
  source text: On August 30, 2023, Intuitive Machines, Inc. (the “Company”) entered into a Securities Purchase Agreement (the “Purchase Agreement”) with the purchaser named therein (the “Purchaser”), pursuant to which the Company agreed to sell securities to the Purchaser in a private placement (the “Private Placement”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1844452/000184445223000051/0001844452-23-000051-index.htm

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