Intuitive Machines Announces 2024 Annual Meeting of Stockholders

TL;DR

<b>Intuitive Machines will host its 2024 virtual Annual Meeting of Stockholders on June 6, 2024, urging shareholders to vote by mail, phone, or internet.</b>

AI Summary

Intuitive Machines, Inc. (LUNR) filed a Proxy Statement (DEF 14A) with the SEC on April 23, 2024. Intuitive Machines, Inc. will hold its 2024 Annual Meeting of Stockholders on June 6, 2024, at 9:00 a.m. Central Time. The meeting will be a virtual event, accessible via a live webcast at www.virtualshareholdermeeting.com/LUNR2024. Stockholders of record as of April 12, 2024, are eligible to vote and participate. Non-stockholders as of the record date may attend as observers but cannot vote or ask questions. The company encourages stockholders to vote by telephone, mail, or internet to ensure their shares are represented.

Why It Matters

For investors and stakeholders tracking Intuitive Machines, Inc., this filing contains several important signals. The virtual format allows for broader participation regardless of geographic location. Encouraging early voting ensures a quorum and shareholder representation in key decisions.

Risk Assessment

Risk Level: low — Intuitive Machines, Inc. shows low risk based on this filing. The filing is a routine proxy statement for an annual meeting, with no new financial or operational information that would indicate significant risk.

Analyst Insight

Stockholders should review the proxy materials and vote their shares prior to the June 6, 2024 meeting to ensure their voice is heard.

Key Numbers

• 2024 — Annual Meeting Year (Year of the Annual Meeting of Stockholders.)
• June 6 — Meeting Date (Date of the 2024 Annual Meeting.)
• 9:00 a.m. (Central Time) — Meeting Time (Time of the 2024 Annual Meeting.)
• April 12, 2024 — Record Date (Date to determine eligible stockholders.)
• 8:45 a.m. (Central Time) — Check-in Start Time (Time the virtual meeting website opens for check-in.)

Key Players & Entities

• Intuitive Machines, Inc. (company) — Registrant and filer of the proxy statement.
• June 6, 2024 (date) — Date of the 2024 Annual Meeting of Stockholders.
• April 12, 2024 (date) — Record date for determining stockholders eligible to vote.
• www.virtualshareholdermeeting.com/LUNR2024 (url) — Web address for the virtual annual meeting.
• Inflection Point Acquisition Corp. (company) — Former name of Intuitive Machines, Inc.

FAQ

Industry Context

Intuitive Machines operates in the aerospace and defense sector, focusing on space exploration and technology.

Regulatory Implications

The filing is a standard DEF 14A proxy statement, adhering to SEC regulations for shareholder communication and meeting procedures.

What Investors Should Do

1. Review the proxy statement for details on proposals and director nominees.
2. Vote your shares by the deadline to ensure your participation.
3. Log in to the virtual meeting platform early on June 6, 2024.

Key Dates

• 2024-06-06: 2024 Annual Meeting of Stockholders — Shareholders will vote on company matters and elect directors.
• 2024-04-12: Record Date — Determines which shareholders are eligible to vote.
• 2024-04-23: Filing Date — Date the Definitive Proxy Statement was filed with the SEC.

Year-Over-Year Comparison

This is a routine proxy statement for the annual meeting and does not contain comparative financial data from a previous filing.

Filing Documents

• lunr-2024def14aproxy.htm (DEF 14A) — 476KB
• ajsignaturea.jpg (GRAPHIC) — 2KB
• check_marka.jpg (GRAPHIC) — 20KB
• intuitivemachineslogoa.jpg (GRAPHIC) — 59KB
• kgsignaturea.jpg (GRAPHIC) — 2KB
• proxycardp1.jpg (GRAPHIC) — 478KB
• proxycardp2.jpg (GRAPHIC) — 220KB
• proxycoverpageoption2v3a.jpg (GRAPHIC) — 610KB
• saltemussignaturea.jpg (GRAPHIC) — 2KB
• 0001844452-24-000058.txt (&nbsp;) — 2395KB

Executive Compensation

Executive Compensation 22 Summary Compensation Table 22 Outstanding Equity Awards at Fiscal Year-End 24

Executive Compensation Arrangements

Executive Compensation Arrangements 25 Equity Compensation Plan Information 26 Proposal No. 2 - Ratification of Appointment of Independent Registered Public Accounting Firm 27 Pre-Approval Policies and Procedures 27 Audit Committee Report 28 Questions and Answers 29 Other Business 33 Availability of Proxy Materials and Annual Report 33 INTUITIVE MACHINES, INC 2024 PROXY STATEMENT Proxy Summary This summary highlights information contained elsewhere in this Proxy Statement. This summary does not contain all of the information that you should consider, and you should read the entire Proxy Statement carefully before voting. Voting Matters and Board Recommendations Proposal The Board's Recommendations Page 1. Elect two Class I directors to serve for a term of three years or until their respective successors are duly elected and qualified FOR each Director Nominee 7 2. Ratify the appointment of Grant Thornton, LLP as our independent registered public accounting firm for the year ending December 31, 2024. FOR 27 Transact any other business as may properly come before the meeting or any adjournment or postponement thereof. 33 How to Vote Internet Before The Meeting - Go to www.proxyvote.com or scan the QR Barcode above Use the Internet to transmit your voting instructions and for electronic delivery of information up until 1159 p.m. Eastern Time the day before the cut-off date or meeting date. Have your proxy card in hand when you access the web site and follow the instru ctions to obtain your records and to create an electronic voting instruction form. During The Meeting - Go to www.virtualshareholdermeeting.comLUNR2024 You may attend the meeting via the Internet and vote during the meeting. Have the in formation that is printed in the box marked by the arrow available and follow the instructions. Telephone 1-800-690-6903 Use any touch-tone telephone to transmit your voting instructions up until 1159 p.m. Eastern Time

Gender Identity Female Male Non-Binary Did Not Disclose Gender

Part I Gender Identity Female Male Non-Binary Did Not Disclose Gender Directors 1 5

Demographic Background

Part II Demographic Background African American or Black Alaskan Native or American Indian Asian Hispanic or Latinx Native Hawaiian or Pacific Islander White 1 4 Two or More Races or Ethnicities LGBTQ+ 0 Did Not Disclose Demographic Background 1 Director Qualifications The Nominating and Corporate Governance Committee, in recommending director candidates for election to the Board, and the Board, in nominating director candidates, nominate candidates who have a high level of personal and professional integrity, strong ethics and values and the ability to make mature business judgments. The Board believes that the Board membership should reflect a diversity of experience, qualifications, skills, gender, race and age in order to ensure that the Board, as a whole, has the necessary tools to perform its oversight function effectively in light of the Company's business and structure. Additional Selection Criteria In evaluating director candidates, the Nominating and Corporate Governance Committee and the Board may also consider the following criteria as well as any other factor that they deem to be relevant the candidate's experience in corporate management, such as serving as an officer or former officer of a publicly held company the candidate's experience as a board member of another publicly held company INTUITIVE MACHINES, INC 2024 PROXY STATEMENT 10 Corporate Governance the candidate's professional and academic experience relevant to the Company's industry, operations, and target markets the candidate's ability to exercise mature business judgment, including, but not limited to, the ability to make independent analytical inquiries the strength of the candidate's leadership skills the candidate's experience in finance and accounting andor executive compensation practices whether the candidate has the time required for preparation, participation and attendance at Board meetings and committee meetings, if applicable and the candidate's diver

View Full Filing

View this DEF 14A filing on SEC EDGAR