Intuitive Machines Inc (NASDAQ:LUNR) shares are trading lower Thursday after the company announced an upsized private offering.
What To Know: Intuitive Machines announced the pricing of $300 million of 2.5% convertible senior notes due 2030 in a private offering to institutional buyers. The offering was increased from the previously announced size of $250 million. The company also granted the initial purchasers a 13-day window to buy up to an additional $45 million of the notes.
