Intuitive Machines (LUNR) Enters $11.8M Warrant Exercise Transaction
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Intuitive Machines Enters into Warrant Exercise Transaction for $11.8 Million in Gross Proceeds
January 11, 2024 7:30 AM ESTHOUSTON, Jan. 11, 2024 (GLOBE NEWSWIRE) -- Â Intuitive Machines, Inc. (Nasdaq: LUNR) (Intuitive Machines or the Company), a leading space exploration, infrastructure, and services company, announced today that it has entered into a warrant exercise agreement with an existing accredited investor to exercise in full an outstanding Series B Common Stock Purchase Warrant to purchase up to an aggregate of 4,705,883 shares of the Companys Class A common stock (the Existing Series B Warrant). In consideration for the immediate and full exercise of the Existing Series B Warrant for cash, the exercising holder received (i) a new unregistered... More
