Momentus raises ~$1.5M via convertible note and secures $50M equity line facility

Momentus Inc.

Issued $1.63M principal convertible note (8% OID, 8% interest, converts at $1.116/share) to Yield Point NY for $1.5M gross proceeds.
Warrants to buy 1.46M shares at $1.40/share (5-yr term); AIR warrants for up to $4M in additional notes.
Equity purchase agreement allows up to $50M in stock sales at $1.24/share; $750K commitment fee in cash or pre-funded warrants.
Must file resale registration statement by Oct 25, 2025; hold stockholder meeting within 60 days for share issuance approval.
Securities sold in private placement under Section 4(a)(2) and Rule 506(b); not registered under Securities Act.

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