secwatch / observer

Momentus Inc. — fact timeline

Source-grounded facts extracted from Momentus Inc.'s SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.

MNTS Momentus Inc. JSON
Governance Changes

Momentus Inc.: Reverse stock split at a ratio of 1-for-14 effective December 12, 2024, via a certificate of amendment to the certificate of incorporation (effective 2024-12-12).

“The Company will effect the Reverse Stock Split pursuant to the Company’s filing of a certificate of amendment to the Company’s certificate of incorporation (the “Certificate”) with the Delaware Secretary of State effective 5:00 p.m. eastern time, on December 12, 2024, in accordance with Delaware law.”
Listing & Compliance Notices

Momentus Inc. received a nasdaq deficiency notice notice regarding late filing (rules 5250(c)(1)).

“April 17, 2024, Momentus Inc. (the “Company”) received a deficiency letter (the “Notice”) from the Nasdaq Capital Market LLC (“Nasdaq”) notifying the Company that it is not in compliance with the requirements of Nasdaq Listing Rule 5250(c)(1) as a result of not having timely filed with the U.S. Securities and Exchange Commission (the “Commission”) its Form 10-K for the year ended December 31, 2023 (the “Form 10-K”). The Notice has no immediate impact on the listing of the Company’s common stock on Nasdaq, and the Company’s listing remains fully effective. The Company has 60 calendar days fr”
Listing & Compliance Notices

Momentus Inc. received a nasdaq deficiency notice notice regarding minimum bid price (rules 5550(a)(2)).

“March 27, 2024, Momentus Inc. (the “Company”) received a deficiency letter (the “Notice”) from the Nasdaq Capital Market LLC (“Nasdaq”) notifying the Company that, based upon the closing bid price of the Company’s Class A common stock, par value $0.00001 per share (the “Common Stock”), for the last 30 consecutive business days, the Company is not currently in compliance with the requirement to maintain a minimum bid price of $1.00 per share for continued listing on Nasdaq, as set forth in Nasdaq Listing Rule 5550(a)(2) (the “Minimum Bid Requirement”). The Notice has no immediate impact on th”

Lon Ensler was appointed as Interim Chief Financial Officer at Momentus Inc..

“On March 25, 2024, Momentus Inc. (the “Company”), announced the appointment of Lon Ensler, age 65, as the interim Chief Financial Officer of the Company, effective on April 2, 2024.”

Eric Williams resigned as Chief Financial Officer at Momentus Inc..

“Mr. Ensler will assume the responsibilities of current Chief Financial Officer Eric Williams, who tendered his resignation from the Company on March 19, 2024, to be effective end of day April 1, 2024.”
Material Agreements

Momentus Inc. entered into Securities Purchase Agreement with an investor (the "Investor") valued at approximately $4.0 million (effective 2024-03-04).

“On March 4, 2024, Momentus Inc., a Delaware corporation (“Momentus” or the “Company”), entered into a Securities Purchase Agreement (the “Securities Purchase Agreement”) with an investor (the “Investor”) for the purchase and sale to the Investor in a registered direct offering (the “Offering”) of (i) an aggregate of 1,320,000 shares of the Company’s Class A common stock, par value $0.00001 per share (the “Class A Stock”), at a purchase price of $0.865 per share of Class A Stock and one Warrant (as defined below), (ii) in lieu of Class A Stock, at the election of the Investor, pre-funded warrants (the “Pre-Funded Warrants”) to purchase 3,304,280 shares of Class A Stock, at a purchase price of $0.86499 per Pre-Funded Warrant and one Warrant, and (iii) warrants to purchase 4,624,280 shares of Class A Stock (the “Warrants”).”
Listing & Compliance Notices

Momentus Inc. received a nasdaq compliance regained notice regarding stockholders equity.

“February 7, 2024, Momentus Inc. (the “Company”) received an approval letter from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”) notifying the Company that the Nasdaq staff approved the Company’s application to transfer the listing of its Class A common stock (the “Common Stock”) and warrants from the Nasdaq Global Market to the Nasdaq Capital Market. On this basis, the previous listing deficiency regarding minimum stockholder’s equity will be closed. The Common Stock and the warrants will continue to trade under the symbols “MNTS” and “MNTSW,” respectively, a”
Material Agreements

Momentus Inc. terminated National Security Agreement with U.S. Department of the Treasury (effective 2024-01-31).

“(the “Company”) was informed by the U.S. Department of the Treasury that the Company had completed all specified requirements under the National Security Agreement dated as of June 8, 2021 (the “NSA”) pursuant to which, among other things, the Company was required to comply with various requirements and compliance measures to protect national security.”
Material Agreements

Momentus Inc. entered into Securities Purchase Agreement with an investor valued at approximately $4.0 million (effective 2024-01-12).

“On January 12, 2024, Momentus Inc., a Delaware corporation (“Momentus” or the “Company”), entered into a Securities Purchase Agreement (the “Securities Purchase Agreement”) with an investor (the “Investor”) for the purchase and sale to the Investor in a registered direct offering”
Listing & Compliance Notices

Momentus Inc. received a nasdaq deficiency notice notice regarding other (rules 5620(a)).

“January 3, 2024, Momentus Inc. (the “Company”) received a deficiency letter (the “Notice”) from the Nasdaq Stock Market LLC (“Nasdaq”) stating that the Company failed to hold an annual meeting of stockholders within 12 months after its fiscal year ended December 31, 2022, as required by Nasdaq Listing Rule 5620(a) (the “Annual Meeting Requirement”). The Notice has no immediate impact on the listing of the Company’s common stock on Nasdaq, and the Company’s listing remains fully effective. Under Nasdaq Rules, the Company has 45 calendar days, or until February 20, 2024, to submit a plan to reg”
Auditor Changes

Momentus Inc. engaged Frank, Rimerman + Co. LLP as its auditor.

“On December 2, 2023, Momentus Inc. (the “Company”) engaged the firm Frank, Rimerman + Co. LLP (“Frank, Rimerman”) as its new independent registered public accounting firm.”
Listing & Compliance Notices

Momentus Inc. received a nasdaq deficiency notice notice regarding stockholders equity (rules 5450(b)(1)(A), 5450(b)(2), 5450(b)(3)).

“November 21, 2023, Momentus Inc. (the “Company”) received a deficiency letter (the “Notice”) from the Nasdaq Stock Market LLC (“Nasdaq”) notifying the Company that it is not in compliance with the minimum stockholders’ equity requirement for continued listing set forth in Nasdaq Listing Rule 5450(b)(1)(A). Nasdaq Listing Rule 5450(b)(1)(A) requires listed companies to maintain stockholders’ equity of at least $10,000,000 (the “Stockholders’ Equity Requirement”). The Staff further indicated that, as of the date of the Notice, the Company did not comply with certain requirements under the alte”
Earnings Releases

Momentus Inc. reported financial results for third quarter of 2023.

“Momentus Inc. (NASDAQ: MNTS) (“Momentus” or the “Company”), a U.S. commercial space company that offers satellite buses, transportation, and other in-space infrastructure services, today announced its financial results for the third quarter of 2023.”
Material Agreements

Momentus Inc. entered into Inducement Agreement with a certain institutional investor (effective 2023-11-06).

“the Company entered into a certain warrant inducement agreement, dated November 6, 2023 (the “Inducement Agreement”), with a certain institutional investor (the “Purchaser”).”
Material Agreements

Momentus Inc. entered into Warrant Inducement Agreement with holder of existing warrants valued at aggregate gross proceeds of approximately $6.5 million (effective 2023-11-06).

“On November 6, 2023, Momentus Inc. (the “Company”) entered into a warrant inducement agreement (the “Inducement Agreement”) with a holder (the “Holder”) of certain existing warrants (the “Existing Warrants”) to purchase shares of common stock, par value $0.00001 per share (the “Common Stock”), of the Company.”
Material Agreements

Momentus Inc. entered into Securities Purchase Agreement with an investor valued at aggregate gross proceeds from the Offering of approximately $4.0 million (effective 2023-10-02).

“On October 2, 2023, Momentus Inc., a Delaware corporation (“Momentus” or the “Company”), entered into a Securities Purchase Agreement (the “Securities Purchase Agreement”) with an investor (the “Investor”) for the purchase and sale to the Investor in a registered offering (the “Offering”) (i) an aggregate of 290,000 shares of the Company’s Class A common stock, par value $0.00001 per share (the “Class A Stock”), at a purchase price of $2.00 per share, (ii) in lieu of Class A Stock, at the election of the Investor, pre-funded warrants (the “Pre-Funded Warrants”) to purchase 1,710,000 shares of Class A Stock, at a purchase price of $2.00 per Pre-Funded Warrant less the exercise price per Pre-Funded Warrant, and (iii) warrants to purchase 2,000,000 shares of Class A Stock (the “Warrants”).”
Material Agreements

Momentus Inc. entered into Securities Purchase Agreement with an investor valued at approximately $5.0 million (effective 2023-09-07).

“On September 7, 2023, Momentus Inc., a Delaware corporation (“Momentus” or the “Company”), entered into a Securities Purchase Agreement (the “Securities Purchase Agreement”) with an investor (the “Investor”) for the purchase and sale to the Investor in a registered offering (the “Offering”)”
Governance Changes

Momentus Inc.: Filed an amended and restated certificate of incorporation to effect a 1-for-50 reverse stock split of Common Stock (effective 2023-08-23).

“The Company will effect the Reverse Stock Split pursuant to the Company’s filing of an amended and restated certificate of incorporation (the “Certificate”) with the Delaware Secretary of State effective 11:59 p.m. eastern time, on August 23, 2023, in accordance with Delaware Law.”
Shareholder Votes

Momentus Inc. shareholders approved Approve the postponement or adjournment of the special meeting if necessary to permit further solicitation and vote of proxies. at the 2023-08-22 meeting.

“Approval of the Adjournment Proposal by the stockholders of the Company, voting as a single class: For Against Abstain 35,445,747 2,895,433 743,094”
Shareholder Votes

Momentus Inc. shareholders approved Authorize the Board to amend the certificate of incorporation to effect a reverse stock split at a ratio between 1-for-30 and 1-for-50. at the 2023-08-22 meeting.

“Approval of the Reverse Stock Split Proposal by the stockholders of the Company, voting as a single class: For Against Abstain 35,703,221 2,726,970 654,083”
Earnings Releases

Momentus Inc. reported second quarter of 2023 results: revenue $1.7 million.

““The second quarter marks our first million-dollar quarter with the successful deployment of commercial customers from our Vigoride-6 mission contributing to the recognition of $1.7 million in revenue,” said Momentus Chief Executive Officer John Rood. “We continue to build interest with customers, particularly in the Department of Defense, and we recently signed a”
Governance Changes

Momentus Inc.: Decreased quorum requirement for stockholder meetings from a majority to one-third of voting power (effective 2023-07-19).

“On July 19, 2023, the Board of Directors of the Company approved a first amendment (the “First Amendment”) to the Company’s Amended and Restated Bylaws, effective immediately, to modify Article I, Section 1.5 to decrease the quorum requirement for the transaction of business at meetings of stockholders from the holders of a majority of the voting power of the shares of stock issued and outstanding and entitled to vote at the meeting, present in person or represented by proxy, to the holders of one-third (1/3rd) of the voting power of the shares of stock issued and outstanding and entitled to vote at the meeting, present in person or represented by proxy.”
Earnings Releases

Momentus Inc. reported financial results for first quarter ended March 31, 2023.

“Momentus Inc. (NASDAQ: MNTS) (“Momentus” or the "Company"), a U.S. commercial space company that offers orbital transportation and in-space infrastructure services, today announced its financial results for the first quarter ended March 31, 2023.”

Dennis Mahoney changed role as Interim Chief Financial Officer at Momentus Inc..

“This designation accelerated the transition of responsibilities from the Company’s Interim Chief Financial Officer, Dennis Mahoney, to Mr. Williams, which had previously been scheduled to occur after the filing of the Company’s Quarterly Report on Form 10-Q for the quarterly period ended March 31, 2023.”

Eric R. Williams changed role as Chief Financial Officer at Momentus Inc..

“On May 1, 2023, the Board of Directors of Momentus Inc. (the “Company”) designated Eric R. Williams, the Company’s Chief Financial Officer, as the Company’s principal financial officer and principal accounting officer, effective immediately.”

Eric R. Williams was appointed as Chief Financial Officer at Momentus Inc..

“On April 5 , 2023, Momentus Inc. (the “Company”) announced the appointment of Eric R. Williams, age 58, as the Company’s next Chief Financial Officer.”
Listing & Compliance Notices

Momentus Inc. received a nasdaq deficiency notice notice regarding minimum bid price (rules 5450(a)(1)).

“March 20, 2023, Momentus Inc. (the “Company”) received a deficiency letter (the “Notice”) from the Nasdaq Stock Market LLC (“Nasdaq”) notifying the Company that, based upon the closing bid price of the Company’s Class A Common Stock (the “Common Stock”) for the last 30 consecutive business days, the Company is not currently in compliance with the requirement to maintain a minimum bid price of $1.00 per share for continued listing on Nasdaq, as set forth in Nasdaq Listing Rule 5450(a)(1) (the “Minimum Bid Requirement”). The Notice has no immediate impact on the listing of the Company’s common”
Earnings Releases

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

“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.”
Material Agreements

Momentus Inc. entered into Placement Agency Agreement with Stifel, Nicolaus & Company, Incorporated (effective 2023-02-23).

“In connection with the Offering, on February 23, 2023, the Company entered into a placement agency agreement (the “Placement Agency Agreement”) with Stifel, Nicolaus & Company, Incorporated (the “Placement Agent”), pursuant to which the Company agreed to issue and sell the Class A Stock, Pre-Funded Warrants and Warrants, and the Placement Agent agreed to act as placement agent on a “best efforts” basis in connection with the Offering.”
Material Agreements

Momentus Inc. entered into Securities Purchase Agreement with an investor valued at approximately $10 million (effective 2023-02-23).

“On February 23, 2023, Momentus Inc., a Delaware corporation (“Momentus” or the “Company”), entered into a Securities Purchase Agreement (the “Securities Purchase Agreement”) with an investor (the “Investor”), pursuant to which the Company may issue and sell to the Investor in a registered offering (the “Offering”), (i) an aggregate of 9,396,000 shares of the Company’s Class A common stock”

Dennis Mahoney was appointed as Interim Chief Financial Officer at Momentus Inc..

“On January 3, 2023, Momentus Inc. (the “Company”) announced the appointment of Dennis Mahoney, age 69, as the Interim Chief Financial Officer and principal accounting officer of the Company, effective as of January 7, 2023.”

Jikun Kim resigned as Chief Financial Officer at Momentus Inc..

“On November 28, 2022, Jikun Kim, the Chief Financial Officer of Momentus Inc. (the “Company”), tendered his resignation from the Company, effective January 6, 2023.”

Dawn Harms resigned as Chief Revenue Officer at Momentus Inc..

“On November 7, 2022, Dawn Harms, the Chief Revenue Officer of Momentus Inc. (the “Company”), tendered her resignation from the Company, effective December 31, 2022.”
Earnings Releases

Momentus Inc. reported financial results for the third quarter ended September 30, 2022.

“Momentus Inc. (the "Company") issued a press release announcing its financial results for the third quarter ended September 30, 2022.”

Fred Kennedy resigned as President at Momentus Inc..

“Fred Kennedy, Ph.D. (the “Separation Agreement”), who as previously reported by the Company resigned effective January 21, 2022.”

Rob Schwarz was appointed as head of the Engineering and Operations Organization at Momentus Inc..

“On January 7, 2022, Rob Schwarz was appointed head of the Engineering and Operations Organization at the Company on an interim basis.”

John Rood changed role as President at Momentus Inc..

“The Company’s Chief Executive Officer, John Rood, will assume the role of the Company’s President.”

Fred Kennedy resigned as President at Momentus Inc..

“On January 3, 2022, Fred Kennedy, the President of Momentus Inc. (the “Company”), tendered his resignation from the Company, effective January 21, 2022.”

Paul Ney was appointed as Chief Legal Officer and Corporate Secretary at Momentus Inc..

“the Company appointed Paul Ney as the Company's Chief Legal Officer (" CLO ") and Corporate Secretary.”

Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.