Blitzer Amends Intuitive Machines Stake Filing
Ticker: LUNR · Form: SC 13D/A · Filed: Sep 23, 2024 · CIK: 1844452
Sentiment: neutral
Topics: schedule-13d, amendment, ownership-change
Related Tickers: LUNR
TL;DR
Blitzer updated his 13D on LUNR, check for new stake details.
AI Summary
Michael Blitzer, through an amendment filed on September 23, 2024, has updated his Schedule 13D filing concerning Intuitive Machines, Inc. The filing indicates a change in beneficial ownership, though specific new holdings or dollar amounts are not detailed in this excerpt. This amendment follows a previous name change for the entity from Inflection Point Acquisition Corp. to Intuitive Machines, Inc. on February 4, 2021.
Why It Matters
Changes in significant shareholder filings like this can signal shifts in control or investment strategy, potentially impacting the stock price of Intuitive Machines, Inc.
Risk Assessment
Risk Level: medium — Schedule 13D filings often involve significant investors, and changes can indicate potential market-moving events.
Key Numbers
- 20240923 — Filing Date (Date of the amendment filing)
- 20210204 — Name Change Date (Date Intuitive Machines, Inc. was formerly Inflection Point Acquisition Corp.)
Key Players & Entities
- Michael Blitzer (person) — Filing person and beneficial owner
- Intuitive Machines, Inc. (company) — Subject company
- Inflection Point Acquisition Corp. (company) — Former company name
- Joel L. Rubinstein (person) — Attorney for filing person
- White & Case LLP (company) — Law firm for filing person
FAQ
What specific changes in beneficial ownership are detailed in this Amendment No. 7 to Schedule 13D?
This excerpt does not specify the exact changes in beneficial ownership, only that an amendment has been filed.
Who is the primary filer for this Schedule 13D/A?
Michael Blitzer is the primary filer.
What is the CUSIP number for Intuitive Machines, Inc. Class A Common Stock?
The CUSIP number is 46125A 100.
When did the company formerly known as Inflection Point Acquisition Corp. change its name?
The company changed its name on February 4, 2021.
What is the business address of Intuitive Machines, Inc.?
The business address is 13467 Columbia Shuttle Street, Houston, TX 77059.
Filing Stats: 1,220 words · 5 min read · ~4 pages · Grade level 9.5 · Accepted 2024-09-23 17:56:07
Key Financial Figures
- $0.0001 — ssuer) Class A Common Stock, par value $0.0001 per share (Title of Class of Securiti
Filing Documents
- ea0215398-13da7blitzer_intui.htm (SC 13D/A) — 36KB
- 0001213900-24-081109.txt ( ) — 37KB
INTEREST OF SECURITIES OF THE ISSUER
ITEM 5. INTEREST OF SECURITIES OF THE ISSUER.
is hereby amended and restated in its
Item 5 is hereby amended and restated in its entirety as follows: (a) and (b) The information contained on the cover pages to this Seventh Amendment are incorporated herein by reference. (c) During the past 60 days, Mr. Blitzer sold an aggregate of (a) 912,673 shares of Class A Common Stock and (b) 738,125 warrants each exercisable to purchase one share of Class A Common Stock, in open market transactions on the Nasdaq Stock Market. Details by date, listing the type and number of securities sold and the weighted average price per share for transactions that were effected during the past sixty days are provided below. Mr. Blitzer undertakes to provide, upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of securities sold at each separate price. Date Security Number of Securities disposed of Weighted average price per security September 19, 2024 Class A Common Stock 500,000 $ 7.8763 September 19, 2024 Class A Common Stock 162,673 $ 9.1607 September 19, 2024 Warrants to purchase Class A Common Stock 538,125 $ 2.6226 September 20, 2024 Class A Common Stock 250,000 $ 8.9292 September 20, 2024 Warrants to purchase Class A Common Stock 200,000 $ 2.9128 (d) None. (e) September 20, 2024. CUSIP No. 46125A 100 SCHEDULE 13D Page 4 of 4 Pages
SIGNATURES
SIGNATURES After reasonable inquiry and to the best of his or its knowledge and belief, the undersigned certifies that the information set forth in this statement is true, complete and correct. Dated: September 23, 2024 /s/ Michael Blitzer Name: Michael Blitzer