Momentus believes it meets Nasdaq equity rule after Velo3D share issuance

Momentus Inc.

Company issued 477,455 Class A shares and 673,408 Series A Convertible Preferred shares to Velo3D for services.
Transaction is intended to bring stockholders' equity above the $2.5M minimum required by Nasdaq.
Company must await formal Nasdaq confirmation and ongoing compliance monitoring.
If subsequent financials show non-compliance, delisting risk may reappear.

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