secwatch.observer — SEC 8-K summary
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Issuer:     Momentus Inc. (MNTS)
CIK:        0001781162
Form:       8-K
Filed at:   2024-03-29T23:59:59+00:00
Accession:  0001140361-24-016594
Event type: regulatory
Sentiment:  negative
Materiality: 0.60
Item codes: 3.01
LLM model:  deepseek-v4-flash:cloud@v2

Momentus receives Nasdaq deficiency notice for bid price below $1.00
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- Nasdaq notified Momentus (MNTS) on March 27, 2024, of non-compliance with minimum bid price rule.
- Company has 180 calendar days, until September 23, 2024, to regain compliance.
- If closing bid price closes at $1.00+ for 10 consecutive business days, Nasdaq will confirm compliance.
- Failure to cure may lead to delisting; company may seek a second 180-day period or appeal to Nasdaq panel.
- Momentus intends to monitor bid price and evaluate options, including a potential reverse stock split.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1781162/000114036124016594/0001140361-24-016594-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1781162/000114036124016594/ef20025599_8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-24-016594

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