other material
confidence high
sentiment neutral
materiality 0.75
Momentus raises $25M in registered direct offering of 1.85M shares at $13.50/share
Momentus Inc.
- Offering of 1,851,852 shares of common stock at $13.50/share for gross proceeds of ~$25M.
- Proceeds used for working capital and general corporate purposes; closing expected June 15, 2026.
- A.G.P./Alliance Global Partners is sole placement agent, receiving 7% cash fee and warrants for 92,592 shares at $14.85.
- 30-day lock-up for executives and directors; 10-day securities issuance restriction and 30-day variable rate transaction restriction.
- Offering made under effective shelf registration statement (File No. 333-296218) declared effective June 4, 2026.