Momentus prices USD 25 million private placement with two institutional investors
MOMENTUS INC
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- Momentus completed a $25 million private placement with two institutional investors on May 28, 2026, priced at-the-market under Nasdaq rules.
- Proceeds contributed to cash of about $76 million as of the release date; the company reported no debt.
- Momentus also exhausted its $50 million at-the-market program; warrant exercises generated more than $9.6 million in gross proceeds.
- Share count stood at 16,983,959, including 765,580 pre-funded warrants.
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: 202606080830BIZWIRE_USPR_____20260608_BW304770) on June 08, 2026, and is solely responsible for the information contained therein.
