secwatch.observer — SEC 8-K summary
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Issuer:     Momentus Inc. (MNTS)
CIK:        0001781162
Form:       8-K
Filed at:   2026-02-20T23:59:59+00:00
Accession:  0001140361-26-006335
Event type: debt
Sentiment:  negative
Materiality: 0.60
Item codes: 8.01
LLM model:  deepseek-v4-flash:cloud@v2

Momentus cuts conversion price on $1.6M note from $19.92 to $5.28, enabling near-term dilution of up to 81,555 shares
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- Conversion price reduced from $19.9206 to $5.28 per share for up to 81,555 shares of Class A common stock.
- Reduction applies from Feb 20, 2026 to Mar 25, 2026 (or until all shares issued), unless extended.
- September 2025 Note with Yield Point NY LLC had ~$1.6M principal outstanding as of Feb 20, 2026.
- Lower conversion price significantly increases potential dilution for existing shareholders.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1781162/000114036126006335/0001140361-26-006335-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1781162/000114036126006335/ef20066258_8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-26-006335

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer