8-K
filed September 29, 2025, 7:59 PM ET
ticker MNTS
CIK 0001781162
other material
confidence high
sentiment neutral
materiality 0.65
Momentus Inc. (MNTS): debt financing — 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.
Key facts
Extracted from this filing and checked against the source text.
Debt Financings
SEC 8-K Item 2.03/2.04
confidence 0.9
Momentus Inc. incurred convertible notes of $1,630,435 with Yield Point NY, LLC at 8% per annum maturing twelve months after the issue date.
- Instrument
- convertible notes
- Principal
- $1,630,435
- Counterparty
- Yield Point NY, LLC
- Rate
- 8% per annum
- Maturity
- twelve months after the issue date
- Event
- incurrence
Exact text from the filing
a Junior Secured Convertible Note having an aggregate principal amount of $1,630,435, maturing twelve months after the issue date, with original issue discount of 8%, convertible into shares of Class A common stock
View on SEC.gov
Equity Issuances
SEC 8-K Item 3.02/3.03
confidence 0.95
Momentus Inc. issued warrant to Yield Point NY, LLC for $4,000,000 in principal amount of additional Convertible Notes and Investor Warrants.
- Security
- warrant
- Purchaser
- Yield Point NY, LLC
- Consideration
- $4,000,000 in principal amount of additional Convertible Notes and Investor Warrants
Exact text from the filing
Pursuant to the Purchase Agreement the Company also sold to the investor warrants to purchase up to $4,000,000 in principal amount of additional Convertible Notes and Investor Warrants (the “AIR Warrants”).
View on SEC.gov
Equity Issuances
SEC 8-K Item 3.02/3.03
confidence 0.98
Momentus Inc. issued convertible note to Yield Point NY, LLC for $1,500,000 in gross proceeds.
- Security
- convertible note
- Purchaser
- Yield Point NY, LLC
- Consideration
- $1,500,000 in gross proceeds
Exact text from the filing
date, and (ii) warrants to purchase up to 1,460,964 shares of Common Stock at an exercise price of $1.40 per share (the “Investor Warrants”). The Company received approximately $1,500,000 in gross proceeds from the Offering. Securities Purchase Agreement The Purchase Agreement contains representations and warranties of the Company and the Investor which are typical
View on SEC.gov
Equity Issuances
SEC 8-K Item 3.02/3.03
confidence 0.98
Momentus Inc. issued up to 1,460,964 shares of Common Stock of warrant to Yield Point NY, LLC for $1.40 per share.
- Security
- warrant
- Shares
- up to 1,460,964 shares of Common Stock
- Purchaser
- Yield Point NY, LLC
- Consideration
- $1.40 per share
Exact text from the filing
The Investor Warrants entitle the holder to purchase up to 1,460,964 shares of Common Stock. The Investor Warrants are exercisable immediately and have a term of five years. The Investor Warrants each have an exercise price of $1.40 per share, subject to adjustment as set forth therein.
View on SEC.gov
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