Intuitive Machines, Inc.
Intuitive Machines Completes $175 Million Common Stock Sale
Summary
On February 27, 2026, Intuitive Machines, Inc. completed the issuance and sale of Class A common stock shares for a total of $175 million to institutional investors. The shares were sold at $15.12 per share. As part of the transaction, a Registration Rights Agreement was executed, requiring the company to register the shares for resale by April 1, 2026.
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About Intuitive Machines, Inc.
Intuitive Machines, Inc. is a pioneering aerospace company specialized in the development of advanced space technologies. Primarily focused on lunar exploration, the company plays a crucial role in delivering scientific and commercial payloads to the moon as part of NASA's Artemis program. Their lander crafts and propulsion systems are designed to endure the harsh conditions of lunar landscapes, facilitating a variety of missions aimed at resource utilization, scientific research, and technology demonstrations. With a strong emphasis on engineering innovation, Intuitive Machines contributes to sectors such as commercial space travel, satellite communications, and national defense. Headquartered in Houston, Texas, the company aims to increase human presence and activity on the Moon, thereby significantly impacting the burgeoning space economy. Intuitive Machines is at the forefront of developing technologies that not only reach new celestial milestones but also enhance our understanding and capabilities in outer space.
Official SEC Documents
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