How come it does not mention t

2
1
Favorite

RiteshT
2024-12-04

How come it does not mention the price of the new shares being offered

Intuitive Machines Stock Plunges on Stock Sale Plans

Shares of Intuitive Machines retreated in postmarket trading after the company said it plans to sell shares of its common stock.The stock fell 12.4% to $12.39 in late trading on Tuesday after ending the market session down 2.8% at $14.15. The shares have registered a five-fold increase in price this year.The sale comes after Intuitive's stock reached a 52-week high of $17.14 on Nov. 29.The Houston-based space exploration, infrastructure and services company said it will sell $65 million of its C

Intuitive Machines Stock Plunges on Stock Sale Plans

# Intuitive Machines Announces Launch of Public Offering and Private Placement

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment（1）

Top
Latest

NekoBin
·2024-12-04
$10.50
Reply
Like
Report

Most Discussed

Terms and Conditions·Privacy Policy

Company: TTMF Limited. Tech supported by Xiangshang Yixin.

Email：uservice@ttm.financial

{"i18n":{"language":"en_US"},"data":{"magic":2,"id":377844750405688,"tweetId":"377844750405688","gmtCreate":1733276871965,"gmtModify":1733277414248,"author":{"id":3560782658124618,"idStr":"3560782658124618","authorId":3560782658124618,"authorIdStr":"3560782658124618","name":"RiteshT","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"userType":1,"introduction":"","boolIsFan":false,"boolIsHead":false,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[],"fanSize":0,"starInvestorFlag":false},"themes":[{"themeId":"cef627a9134ac3b386f7409589cedd67","categoryId":"2929bb7468f5415f853fd96fb35d7c3b","name":"Intuitive Machines Announces Launch of Public Offering and Private Placement","type":2,"rnLink":"https://laohu8.com/RN?name=RNTheme&page=/theme/special/finance&rndata={\"themeId\":cef627a9134ac3b386f7409589cedd67}&rnconfig={\"headerBarHidden\": true}","description":"Intuitive Machines, a leading space exploration, infrastructure, and services company, has announced the launch of a public offering of $65.0 million of its Class A common stock and a concurrent private placement of $10.0 million of shares of Class A Common Stock. The company intends to use the proceeds for general corporate purposes, including operations, research and development, and potential mergers and acquisitions. The offering is subject to market conditions and the satisfaction of certain closing conditions. BofA Securities, Cantor, Barclays, and Stifel are acting as the lead joint book-running managers for the offering."}],"images":[],"coverImages":[],"html":"<html><head></head><body><p>How come it does not mention the price of the new shares being offered&nbsp;</p></body></html>","htmlText":"<html><head></head><body><p>How come it does not mention the price of the new shares being offered&nbsp;</p></body></html>","text":"How come it does not mention the price of the new shares being offered","highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"favoriteSize":0,"link":"https://ttm.financial/post/377844750405688","repostId":2488494905,"repostType":2,"repost":{"id":"2488494905","kind":"highlight","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1733272800,"share":"https://www.laohu8.com/m/news/2488494905?lang=&edition=full","pubTime":"2024-12-04 08:40","market":"us","language":"en","title":"Intuitive Machines Stock Plunges on Stock Sale Plans","url":"https://stock-news.laohu8.com/highlight/detail?id=2488494905","media":"Dow Jones","summary":"Shares of Intuitive Machines retreated in postmarket trading after the company said it plans to sell shares of its common stock.The stock fell 12.4% to $12.39 in late trading on Tuesday after ending the market session down 2.8% at $14.15. The shares have registered a five-fold increase in price this year.The sale comes after Intuitive's stock reached a 52-week high of $17.14 on Nov. 29.The Houston-based space exploration, infrastructure and services company said it will sell $65 million of its C","content":"<html><head></head><body><p style=\"text-align: start;\">Shares of Intuitive Machines retreated in postmarket trading after the company said it plans to sell shares of its common stock.</p><p>The stock fell 12.6% to $12.37 in late trading on Tuesday after ending the market session down 2.8% at $14.15. The shares have registered a five-fold increase in price this year.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/4620fa215ff76674771594f60cf46030\" title=\"\" tg-width=\"536\" tg-height=\"156\"/></p><p>The sale comes after Intuitive&#39;s stock reached a 52-week high of $17.14 on Nov. 29.</p><p>The Houston-based space exploration, infrastructure and services company initially said it will sell $65 million of its Class A common stock. Intuitive and a selling stockholder will give underwriters a 30-day option to purchase about $8.9 million and $877,500, respectively, of their Class A shares.</p><p>Intuitive also said that on Monday it entered into an private placement agreement with the Boryung Corporation to sell it $10 million of Class A shares at the public offering price.</p><p>Then, the company announced the pricing of an upsized offering of 9,523,810 shares of its Class A common stock at a price to the public of <strong>$10.50</strong> per share. As part of the Offering, the Company and a selling stockholder granted the underwriters a 30-day option to purchase up to an additional 1,275,714 and 152,857 shares of Class A Common Stock from the Company and such selling stockholder, respectively. The Offering is expected to close on December 5, 2024.</p><p>Additionally, the Company will issue 952,381 shares of Class A Common Stock to Boryung Corporation, an accredited investor, at the Public Offering Price pursuant to an agreement entered into with Boryung on December 2, 2024 in a concurrent private placement.</p><p>The net proceeds to the Company from the Offering and the Private Placement are expected to be approximately <strong>$104.25 million</strong>, after deducting underwriting discounts and commissions, but before estimated offering expenses payable by the Company, excluding any exercise of the underwriters’ opinion to purchase additional shares.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Intuitive Machines Stock Plunges on Stock Sale Plans</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nIntuitive Machines Stock Plunges on Stock Sale Plans\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2024-12-04 08:40</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p style=\"text-align: start;\">Shares of Intuitive Machines retreated in postmarket trading after the company said it plans to sell shares of its common stock.</p><p>The stock fell 12.6% to $12.37 in late trading on Tuesday after ending the market session down 2.8% at $14.15. The shares have registered a five-fold increase in price this year.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/4620fa215ff76674771594f60cf46030\" title=\"\" tg-width=\"536\" tg-height=\"156\"/></p><p>The sale comes after Intuitive&#39;s stock reached a 52-week high of $17.14 on Nov. 29.</p><p>The Houston-based space exploration, infrastructure and services company initially said it will sell $65 million of its Class A common stock. Intuitive and a selling stockholder will give underwriters a 30-day option to purchase about $8.9 million and $877,500, respectively, of their Class A shares.</p><p>Intuitive also said that on Monday it entered into an private placement agreement with the Boryung Corporation to sell it $10 million of Class A shares at the public offering price.</p><p>Then, the company announced the pricing of an upsized offering of 9,523,810 shares of its Class A common stock at a price to the public of <strong>$10.50</strong> per share. As part of the Offering, the Company and a selling stockholder granted the underwriters a 30-day option to purchase up to an additional 1,275,714 and 152,857 shares of Class A Common Stock from the Company and such selling stockholder, respectively. The Offering is expected to close on December 5, 2024.</p><p>Additionally, the Company will issue 952,381 shares of Class A Common Stock to Boryung Corporation, an accredited investor, at the Public Offering Price pursuant to an agreement entered into with Boryung on December 2, 2024 in a concurrent private placement.</p><p>The net proceeds to the Company from the Offering and the Private Placement are expected to be approximately <strong>$104.25 million</strong>, after deducting underwriting discounts and commissions, but before estimated offering expenses payable by the Company, excluding any exercise of the underwriters’ opinion to purchase additional shares.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LUNR":"Intuitive Machines","BK4187":"航天航空与国防"},"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2488494905","content_text":"Shares of Intuitive Machines retreated in postmarket trading after the company said it plans to sell shares of its common stock.The stock fell 12.6% to $12.37 in late trading on Tuesday after ending the market session down 2.8% at $14.15. The shares have registered a five-fold increase in price this year.The sale comes after Intuitive's stock reached a 52-week high of $17.14 on Nov. 29.The Houston-based space exploration, infrastructure and services company initially said it will sell $65 million of its Class A common stock. Intuitive and a selling stockholder will give underwriters a 30-day option to purchase about $8.9 million and $877,500, respectively, of their Class A shares.Intuitive also said that on Monday it entered into an private placement agreement with the Boryung Corporation to sell it $10 million of Class A shares at the public offering price.Then, the company announced the pricing of an upsized offering of 9,523,810 shares of its Class A common stock at a price to the public of $10.50 per share. As part of the Offering, the Company and a selling stockholder granted the underwriters a 30-day option to purchase up to an additional 1,275,714 and 152,857 shares of Class A Common Stock from the Company and such selling stockholder, respectively. The Offering is expected to close on December 5, 2024.Additionally, the Company will issue 952,381 shares of Class A Common Stock to Boryung Corporation, an accredited investor, at the Public Offering Price pursuant to an agreement entered into with Boryung on December 2, 2024 in a concurrent private placement.The net proceeds to the Company from the Offering and the Private Placement are expected to be approximately $104.25 million, after deducting underwriting discounts and commissions, but before estimated offering expenses payable by the Company, excluding any exercise of the underwriters’ opinion to purchase additional shares.","news_type":1},"isVote":1,"tweetType":1,"viewCount":103,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":57,"xxTargetLangEnum":"ORIG"},"commentList":[{"id":378005178859712,"commentId":"378005178859712","gmtCreate":1733314146384,"gmtModify":1733317434204,"authorId":3578994610904659,"author":{"id":3578994610904659,"idStr":"3578994610904659","authorId":3578994610904659,"name":"NekoBin","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":6,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":377844750405688,"objectIdStr":"377844750405688","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"$10.50","text":"$10.50","html":"$10.50","likeSize":0,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"invalid","coins":0,"score":0}],"hasMoreComment":true,"orderType":2}