The combined entity will trade under the ticker symbol LUNR and will receive $55 million from an affiliate of company founders and sponsors, Intuitive Machines said Monday.
Shareholders at Inflection Point approved the transaction, which was first announced in September 2022, during their general meeting held Wednesday.
“This merger accelerates and strengthens Intuitive Machines’ strategic plan to help expedite a thriving commercial ecosystem for space for the benefit of human civilization,” said Kam Ghaffarian, co-founder and executive chairman of Intuitive Machines.
The Houston-based company noted warrants will also trade on the same stock exchange under the ticker symbol LUNRW.
CISA is planning a $100 million cyber operations contract supporting threat-hunting missions The requirement will provide technical and operational support…
Valiant Solutions is expanding its cybersecurity portfolio through the acquisition of BreakPoint Labs The acquisition will bring operational technology security,…
