Intuitive Machines Announces $20 M Equity Investment With Certain Institutional Investors
Portfolio Pulse from Bill Haddad
Intuitive Machines has announced a $20 million equity investment with certain institutional investors. The company is not directly listed on any US stock exchange, but it is indirectly related to Lunar Resources (LUNR), which is a US-listed company.

August 31, 2023 | 8:32 pm
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NEUTRAL IMPACT
Intuitive Machines' $20 million equity investment could indirectly affect Lunar Resources (LUNR) as the two companies are related. The exact nature of the impact is uncertain.
While Intuitive Machines is not directly listed on any US stock exchange, it is related to Lunar Resources (LUNR). Therefore, any significant financial moves by Intuitive Machines, such as this $20 million equity investment, could potentially have an indirect impact on Lunar Resources' stock. However, without more specific information about the nature of the relationship between the two companies, it is difficult to predict the exact impact.
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