Momentus Inc. (MNTS) Prices 800K Share Offering at $6.20/sh

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Momentus Announces $5 Million Offering Priced At-The-Market Under NASDAQ Rules

December 17, 2024 11:17 AM EST

SAN JOSE, Calif.--(BUSINESS WIRE)-- 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 the pricing of its reasonable best efforts offering with a single institutional investor for the purchase and sale of 800,000 shares of common stock (or common stock equivalents in lieu thereof) and warrants to purchase up to 800,000 shares of common stock at a combined offering price of $6.20 per share and accompanying warrant, priced at-the-market under Nasdaq rules (the Offering). The Company expects to receive aggregate... More