Intuitive Machines launches $500M at-the-market stock offering program with 10 agents

Filed June 3, 2026 · Period ending June 2, 2026 · ~1 min read

Key Changes

• high

  Company can now sell up to $500 million of Class A common stock over time through ten investment banks, representing significant potential dilution to existing shareholders though timing and amount are at management's discretion.

  Item 1.01 verify on EDGAR →
• high

  Sales will occur through an at-the-market program allowing flexible capital raises based on market conditions rather than a single large offering, with agents receiving up to 3% commission on sales.

  Sales Agreement verify on EDGAR →
• medium

  Ten major investment banks including Barclays, Deutsche Bank, and Stifel will act as agents to execute share sales into the market, providing broad distribution capability.

  Item 1.01 verify on EDGAR →