Momentus amends convertible notes; accelerates $1M tranche, allows full conversion

Momentus Inc.

Second tranche borrowing accelerated to Dec 2, 2024; full $3M principal drawn under October 2024 note.
SIV now may convert all outstanding amounts into Class A common at any time; prior conversion limited to interest or due amounts.
Conversion prices unchanged: July note at $0.52908, October note at $0.5292.
Warrants issued for ~2.7M shares at $0.5292 exercise price; registration rights granted for resale.
Beneficial ownership cap set at 9.99% unless waived with company consent.

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