secwatch.observer — SEC 8-K summary
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Issuer:     Momentus Inc. (MNTS)
CIK:        0001781162
Form:       8-K/A
Filed at:   2024-12-17T23:59:59+00:00
Accession:  0001140361-24-049684
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1781162/000114036124049684/0001140361-24-049684-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1781162/000114036124049684/ny20039820x5_8ka.htm
  HTML page:      https://secwatch.observer/filing/0001140361-24-049684

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