secwatch.observer — SEC 8-K summary
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Issuer:     Momentus Inc. (MNTS)
CIK:        0001781162
Form:       8-K
Filed at:   2024-12-10T23:59:59+00:00
Accession:  0001140361-24-048829
Event type: other_material
Sentiment:  neutral
Materiality: 0.65
Item codes: 3.03, 5.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Momentus announces 1-for-14 reverse stock split to regain Nasdaq compliance; effective Dec 12, 2024
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- 1-for-14 reverse stock split effective 5:00 p.m. ET Dec 12, 2024; trading on split-adjusted basis Dec 13.
- Outstanding shares reduced from ~31M to ~2M; fractional shares rounded up to whole share.
- Purpose: to satisfy Nasdaq $1.00 minimum bid price requirement; company is appealing prior delisting notice.
- No change to total authorized shares or par value; CUSIP becomes 60879E309.
- Proportional adjustments to warrants (MNTSW) and equity awards; exchange ratio 14:1.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1781162/000114036124048829/0001140361-24-048829-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1781162/000114036124048829/ny20039383x3_8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-24-048829

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer