---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-24-049586"
form_type: "8-K"
ticker: "MNTS"
cik: "0001781162"
company_name: "Momentus Inc."
filed_at: "2024-12-16T23:59:59+00:00"
generated_at: "2026-05-29T03:02:55.169240+00:00"
event_type: "debt"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Momentus borrows $2M via $2.7M note; warrants issued, default conversion at $5.92/share

## Summary
- Loan of $2M from J.J. Astor & Co., evidenced by $2.7M principal note payable in 40 weekly installments of $67,500.
- Prepayment: $2.4M if before Jan 13, 2025; $2.7M thereafter; note secured by substantially all assets.
- Lender receives warrant for 28,572 shares at $5.92, plus default warrant for 285,715 shares at closing price upon default.
- Upon default, note convertible at $5.92/share (before May 5, 2025) or 80% of lowest VWAPs (after).
- Company must call shareholder meeting by March 13, 2025 for approval; reverse split completed Dec 12.

## SEC filing metadata
- accession: 0001140361-24-049586
- form_type: 8-K
- ticker: MNTS
- cik: 0001781162
- company_name: Momentus Inc.
- filed_at: 2024-12-16T23:59:59+00:00
- event_type: debt
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 2.03, 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1781162/000114036124049586/0001140361-24-049586-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1781162/000114036124049586/ny20039820x3_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-24-049586
- JSON: https://secwatch.observer/filing/0001140361-24-049586.json
- Plain text: https://secwatch.observer/filing/0001140361-24-049586.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.