secwatch.observer — SEC 8-K summary
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Issuer:     Momentus Inc. (MNTS)
CIK:        0001781162
Form:       8-K
Filed at:   2024-12-18T23:59:59+00:00
Accession:  0001140361-24-049848
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Momentus closes $5M offering of 800K shares and warrants; proceeds for debt repayment
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- Gross proceeds of $5M from offering of 800K shares/pre-funded warrants and 800K warrants at $6.20/unit.
- Warrants exercisable at $6.08 per share, immediate, 5-year term; placement agent gets 7% fee and 40K warrants at $6.82.
- 90-day lockup on insiders, 30-day company lockup, 6-month ban on variable rate transactions.
- Proceeds for general corporate purposes including debt repayment; closing on Dec 18, 2024.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1781162/000114036124049848/0001140361-24-049848-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1781162/000114036124049848/ny20039383x5_8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-24-049848

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