Momentus reports Q4/FY 2022 results; lawsuit settlement and $10M stock offering disclosed

Momentus Inc.

Press release lacks revenue, EPS, or other financial figures; no specific financial data available.
Reached agreement to settle securities class actions for $8.5M; at least $4M from insurance.
Issued $10M in stock and warrants to an institutional investor via registered direct offering.
Launched Vigoride 5 in Jan 2023; signed new contracts with CONTEC, CUAVA, and repeat customers.
Company continues cash-reduction plan; Vigoride 6 shipped for April 2023 Transporter-7 mission.

item 2.02 item 7.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.85

Momentus Inc. reported financial results for the fourth quarter and full year ended December 31, 2022.

Period: the fourth quarter and full year ended December 31, 2022
Result: reported results

Exact text from the filing

Momentus Inc. Announces Fourth Quarter and Full Year 2022 Financial Results SAN JOSE, CA – March 7, 2023 – Momentus Inc. (NASDAQ: MNTS) (“Momentus” or the "Company”), a U.S. commercial space company that offers transportation and other in-space infrastructure services, today announced its financial results for the fourth quarter and full year ended December 31, 2022.

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8 earnings releases filed in the last 30 days. Browse all earnings releases →

Momentus Inc. filing history →

Source: SEC EDGAR

accession 0001781162-23-000013

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