Momentus signs $1.5M loan with J.J. Astor & Co., issues warrants at $1.70

Momentus Inc.

Loan up to $1.5M in two $750k tranches, 40 weekly payments of $25,312.50 each.
Payments can be in shares at $1.70/share, but at least 10% must be cash.
Lender gets warrants for 476,470 shares at $1.70 per share on each tranche funding.
Loan secured by substantially all assets; used for general working capital.
Registration rights agreement requires filing resale shelf for up to 200% of conversion/warrant shares.

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