Overview
- Intuitive Machines priced the placement at $15.12 per share for unnamed global institutional investors, roughly 20% below the prior close.
- The deal totals about 11.6 million new shares and is expected to close on February 27, according to SEC disclosures.
- Including an estimated 19.9 million shares issued to Advent for the January Lanteris acquisition, total dilution is estimated at about 26.5%.
- Management said the new capital will fund Earth–Moon communications infrastructure, on‑orbit data centers, and data‑processing capabilities tied to its Near Space Network.
- The company will report fourth‑quarter and full‑year 2025 results on March 19 at 8:30 a.m. ET, with updates on cash, integration, and funding plans.