Momentus closes USD 5 million private placement priced at-the-market under Nasdaq rules
MOMENTUS INC -3.55%
MOMENTUS INC MNTS | 5.44 | -3.55% |
- Momentus closed a $5 million private placement of 1,333,334 common shares or common stock equivalents at USD 3.75 per share.
- Net proceeds earmarked for general corporate purposes, including debt repayment, capital spending, or working capital.
- Shares were sold in an unregistered offering under Section 4(a)(2) and/or Regulation D.
- Company plans to file an SEC registration statement covering resale of common shares, including shares underlying pre-funded warrants.
- A.G.P./Alliance Global Partners served as sole placement agent.
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: 20260416525263) on April 16, 2026, and is solely responsible for the information contained therein.
