Momentus amends convertible notes, sets 1-for-14 reverse split to meet Nasdaq $1 bid

Momentus Inc.

Borrowed full $3M under October note; accelerated $1M tranche to Dec 2; $670K reserved to pay July note interest/principal.
SIV can now convert all outstanding amounts: July note at $0.5715, October note at $0.5292; ~1.9M warrants issued at $0.5292.
Board approved 1-for-14 reverse split after shareholder vote Dec 2; effective date not set, board may abandon.
Reverse split targets Nasdaq Minimum Bid Requirement; company has appealed delisting determination – no assurance of success.
Pre-split shares: 30,559,398; post-split ~2,182,814; par value unchanged at $0.00001.

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