Intuitive Machines, Inc. has entered into a Sales Agreement to offer and sell shares of its Class A common stock with an aggregate offering price of up to $500.0 million. The shares will be sold from time to time through an "at-the-market" (ATM) offering program, providing the company with flexibility to raise capital.
Key Details
- Offering Program: The company may sell up to $500.0 million of its Class A common stock.
- Agreement Date: The Sales Agreement was entered into on June 2, 2026.
- Sales Agents & Commission: The offering will be managed by a syndicate of agents, including Barclays Capital Inc. and Cantor Fitzgerald & Co., who will receive a commission of up to 3.0% of the gross sales price per share.