Lunar technology company Intuitive Machines received far less cash from its merger with a special purpose acquisition company (SPAC) than it forecasted, according to filings with the U.S. Securities and Exchange Commission made last night. Although Intuitive Machines said the SPAC trust could furnish the company with as much as $301 million in dry powder, […]
Intuitive Machines’ post-SPAC war chest depleted by shareholder redemptions by Aria Alamalhodaei originally published on TechCrunch...