secwatch.observer — SEC 8-K summary
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Issuer:     Momentus Inc. (MNTS)
CIK:        0001781162
Form:       8-K
Filed at:   2023-09-07T23:59:59+00:00
Accession:  0001140361-23-043070
Event type: other_material
Sentiment:  neutral
Materiality: 0.65
Item codes: 1.01, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Momentus raises $5.0M in registered direct offering of stock and warrants
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- Gross proceeds of $5.0M from sale of 672,948 shares (or equivalents) at $7.43/share.
- Series A warrants to buy 672,948 shares at $7.18, expiring Sept 2028; Series B same terms, expiring Sept 2024.
- Existing warrants for 231,321 shares amended: exercise price reduced from $57.50 to $7.18, extend expiry to Sept 2028.
- Offering expected to close Sept 11, 2023; A.G.P./Alliance Global Partners sole placement agent.
- Use of proceeds: general corporate purposes, including debt repayment and working capital.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1781162/000114036123043070/0001140361-23-043070-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1781162/000114036123043070/brhc20058578_8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-23-043070

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