Intuitive Machines, INC 8-K filings

Intuitive Machines has released an updated beneficial ownership table as of April 25, 2024, to position the company for potential inclusion in the Russell indices.

Intuitive Machines has entered into a sales agreement with Cantor Fitzgerald & Co. to offer and sell up to $100 million of its Class A common stock.

Intuitive Machines has secured a $30 million contract from NASA to conduct a feasibility assessment for a Lunar Terrain Vehicle (LTV), marking its entry into human spaceflight operations.

Intuitive Machines has released unaudited pro forma condensed combined financial information for the year ended December 31, 2023, reflecting recent transactions including a business combination, private placement, loan conversion, and warrant exercises.

Intuitive Machines achieved the first US lunar landing in over 50 years and reported a significant increase in its contract backlog, nearly doubling in Q4 2023.

Intuitive Machines' board of directors decided against awarding cash bonuses to named executive officers for 2023, but granted special restricted stock units based on performance.

Intuitive Machines has amended its previous 8-K filing to include details of a consulting agreement with its former CFO, Erik Sallee, including accelerated vesting of stock options and restricted stock units.

Intuitive Machines converted a $10 million loan into equity and warrants through an agreement with Ghaffarian Enterprises, LLC, an affiliate of Dr. Kamal Ghaffarian.

Intuitive Machines has entered into a $10 million credit agreement with Pershing LLC, secured by guarantees and collateral from Ghaffarian Enterprises, to support working capital and general corporate needs.

Intuitive Machines has entered into a warrant exercise agreement, generating $11.8 million in gross proceeds through the full exercise of an existing warrant.