---
schema_version: "secwatch.filing_event.v1"
accession: "0001844452-25-000011"
form_type: "8-K"
ticker: "LUNR"
cik: "0001844452"
company_name: "Intuitive Machines, Inc."
filed_at: "2025-03-10T23:59:59+00:00"
generated_at: "2026-05-25T02:05:14.633963+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Intuitive Machines completes warrant redemption, raises ~$148M; cash reaches $385M

## Summary
- Completed redemption of ~19.4M warrants; ~12.87M exercised at $11.50 for ~$148M cash proceeds.
- Redeemed ~6.57M remaining warrants at $0.01 each; no warrants outstanding, delisted from Nasdaq.
- Cash balance post-redemption ~$385M; also entered $40M undrawn revolving credit facility with Stifel Bank.
- Michael Blitzer exercised 1.8M warrants; company bought back 941,080 shares from him for $20.7M.
- Company believes elimination of warrants and new revolver indicate maturing capital structure.

## SEC filing metadata
- accession: 0001844452-25-000011
- form_type: 8-K
- ticker: LUNR
- cik: 0001844452
- company_name: Intuitive Machines, Inc.
- filed_at: 2025-03-10T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 2.03, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1844452/000184445225000011/0001844452-25-000011-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1844452/000184445225000011/lunr-20250310.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001844452-25-000011
- JSON: https://secwatch.observer/filing/0001844452-25-000011.json
- Plain text: https://secwatch.observer/filing/0001844452-25-000011.txt

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