debt
confidence high
sentiment negative
materiality 0.55
Momentus defers $1M payment, issues 240K warrants in note amendment
Momentus Inc.
- Deferred first $1M payment from Dec 1, 2025 to May 1, 2026; new maturity for remaining $1M+interest.
- Issued SIV warrants to purchase 240,000 shares at $0.79/share (5-year term).
- Additional $4M of pari passu debt allowed after March 1, 2026, subject to First Repayment and warrant issuance.
- Company required to file registration statement for resale of shares issuable upon conversion/warrant exercise within 30 days.