Intuitive Machines to acquire all of KinetX for 1.43M shares of LUNR Class A Common Stock

Intuitive Machines, Inc.

Intuitive Machines to acquire 100% of KinetX, Inc. for 1,434,034 shares of LUNR Class A Common Stock.
Transaction includes a Base Amount of $15M, likely for indemnification escrow.
KinetX will spin off its Canadian entities (NorthStar) to existing shareholders before closing.
Agreement dated August 6, 2025; closing subject to customary conditions and regulatory approvals.
Preferred stockholders exercised drag-along rights to require all shareholders to sell.

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