Momentus Inc. Settles $1.12 Million Debt with Baker & McKenzie Through Cash Payment and Equity Issuance

Reuters
Oct 07
<a href="https://laohu8.com/S/MNTS">Momentus Inc.</a> Settles $1.12 Million Debt with Baker & McKenzie Through Cash Payment and Equity Issuance

**Momentus Inc. Settles $1.1 Million Debt with Baker & McKenzie Through Cash and Equity Deal** Momentus Inc. announced that on September 30, 2025, it entered into a Settlement Agreement with Baker & McKenzie LLP to resolve a total debt of $1,122,171. Under the terms of the agreement, Momentus will pay $50,000 in cash and issue a combination of Class A common stock and pre-funded warrants valued at $1,072,171 to Baker & McKenzie. The company also agreed to register the resale of these securities with the SEC under a Registration Rights Agreement, with the registration statement to be filed within 30 days. This settlement replaces the outstanding debt with a combination of cash and equity, strengthening Momentus' balance sheet and addressing its financial obligations to the law firm.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Momentus Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001140361-25-037391), on October 06, 2025, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10