The gross proceeds from this offering totaled approximately $5 million before accounting for placement agent fees and related expenses. The included warrants, which have an exercise price of $3.80 per share, are immediately exercisable and will remain valid for five years from the issuance date.
Momentus plans to allocate the net proceeds from this capital raise to support general corporate operations.
A.G.P./Alliance Global Partners served as the sole placement agent overseeing the offering.
The securities were offered through a registration statement on Form S-1, as amended (File No. 333-284393), which was previously filed with and approved by the Securities and Exchange Commission (SEC) on February 10, 2025. The offering was conducted exclusively through a prospectus forming part of the approved registration statement. Copies of the preliminary and final prospectuses can be accessed via the SEC's official website at http://www.sec.gov. Additionally, electronic copies of the final prospectus may be requested from A.G.P./Alliance Global Partners at 590 Madison Avenue, 28th Floor, New York, NY 10022, by phone at (212) 624-2060, or via email at [email protected].
This announcement does not constitute an offer to sell or solicit an offer to buy any of these securities in jurisdictions where such transactions would be deemed unlawful prior to registration or qualification under applicable securities laws.
Related Links
Momentus
The latest information about the Commercial Satellite Industry
| Subscribe Free To Our Daily Newsletters |
| Subscribe Free To Our Daily Newsletters |
