secwatch.observer — SEC 8-K summary
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Issuer:     Momentus Inc. (MNTS)
CIK:        0001781162
Form:       8-K
Filed at:   2025-06-20T23:59:59+00:00
Accession:  0001140361-25-023204
Event type: debt
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 1.02, 2.03, 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Momentus amends loan terms, issues additional convertible note and reduces A.G.P. note
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- Loan amended: second $750K tranche conditions include closing price ≥$1.25, market cap ≥$6.7M, daily volume ≥50K shares.
- Company issues $1,012,500 junior secured convertible note and warrant for 476,470 shares of common stock.
- Conversion price on convertibles set at lesser of $1.70 and prior closing price; cash make-whole provision added.
- A.G.P. convertible note reduced to $500K from $1.2M, conversion at $1.67 per share, with 180-day lock-up.
- Company must call shareholder meeting within 90 days of note issuance to approve loan amendments.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1781162/000114036125023204/0001140361-25-023204-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1781162/000114036125023204/ny20047547x15_8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-25-023204

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