Get notified when LUNR files again. Create a free account and we'll email you the moment its next filing is analyzed.

Get filing alerts

Red Flags Detected

  • Material Weakness (new) — The company discloses material weaknesses in internal control over financial reporting related to government funding changes, trade secret protection, and third-party open-source compliance that require remediation.
NASDAQ: LUNR Intuitive Machines, Inc. 424B5

Intuitive Machines launches at-the-market offering of up to $500M at $38.21/share market price

Filed June 3, 2026 · ~2 min read

Offering filing cluster

Same offering
  1. 424B5 Jun 3, 2026 This filing EDGAR →
  2. 8-K Jun 3, 2026 Intuitive Machines launches $500M at-the-market stock offering program with 10 agents EDGAR →

Key Changes

  • high

    At-the-market offering of up to $500M of Class A Common Stock at prevailing market prices (last reported $38.21/share on June 1, 2026), with shares sold opportunistically over time through agents on Nasdaq rather than in a single priced transaction.

    The Offering verify on EDGAR →
  • high

    Implied post-offering market capitalization of $8.0B at the $38.21 offer price, based on 210,452,309 shares outstanding after the offering (assuming full $500M raised at that price).

    The Offering verify on EDGAR →
  • medium

    Proceeds will flow to the Operating Company (OpCo) for general corporate purposes including R&D, potential M&A, new services/technologies, working capital, and capex, with the company retaining broad discretion over allocation.

    Use of Proceeds verify on EDGAR →

3 more material changes behind this preview — plus the full narrative summary, section-by-section diffs against the prior filing, and verbatim quotes with EDGAR citations.

Read 3 full reports/month free No card required. Takes 30 seconds.

Want to see a complete report first? Today's free report (STZ 10-Q) is open in full — no account needed.

Partner

Trade LUNR commission-free

Open an account, get a free stock.

Sign up

Investing involves risk. Free stock terms apply.

Was this report useful?

Source-verified from EDGAR · Narrative written by AI · Jul 8, 2026 · How we verify