Financing ·
Momentus Inc. terminated its Equity Purchase Agreement with Yield Point NY LLC effective August 21, 2026
MNTSMomentus Inc.
Momentus Inc. terminated its Equity Purchase Agreement with Yield Point NY LLC effective August 21, 2026. The agreement allowed the company to direct the investor to purchase up to $50,000,000 in shares of Class A common stock. Momentus elected to terminate the facility because it does not intend to use it in the future and incurred no early termination penalties. The company had not utilized any portion of the agreement prior to termination. Momentus Inc. operates in the space infrastructure industry, providing transportation services for payloads to orbit.