Financing ·
Momentus Inc. consummated a registered direct offering of 1,851,852 shares of Class A common stock at $13.50 per…
MNTSMomentus Inc.
Momentus Inc. consummated a registered direct offering of 1,851,852 shares of Class A common stock at $13.50 per share, raising approximately $25.0 million in gross proceeds. The company entered into a securities purchase agreement with institutional investors and a placement agency agreement with A.G.P./Alliance Global Partners, which included a 7.0% cash fee and warrants to the agent. Momentus Inc. operates in the space technology industry, providing space infrastructure and services.