Momentus Inc. has entered into a securities purchase agreement with a single institutional investor, issuing 925,926 shares of common stock (or equivalents) and warrants to purchase up to 925,926 shares of common stock at an effective combined price of $5.40 per share and warrant. The warrants will have an exercise price of $5.40 per share, become exercisable following shareholder approval, and expire five years from the initial exercise date. Additionally, existing October 2025 and December 2025 warrants will have their exercise prices reduced to $5.40 per share, pending shareholder approval, with expiration five years from the date approval is obtained.
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 Business Wire (Ref. ID: 20260105819793) on January 05, 2026, and is solely responsible for the information contained therein.