other material
confidence high
sentiment negative
materiality 0.75
Momentus amends equity purchase agreement; price now 94% of lowest trade over 3 days
Momentus Inc.
- Purchase price changed from fixed $1.24 to 94% of lowest trade during 3-day valuation period.
- Maximum put shares capped at lesser of 75% of 5-day avg volume, 25% of same-day volume, or 800k/closing price.
- Investor waives late filing of Form 10-Q for quarter ended September 30, 2025.
- Company must file 8-K by next trading day disclosing the amendment.