Momentus Inc. has announced that it has successfully regained compliance with the Nasdaq Capital Market's minimum stockholders' equity requirement, as confirmed by a letter from the Nasdaq Hearings Panel. Originally, the company was granted an extension until April 15, 2025, to meet the criteria set out in Nasdaq Listing Rule 5550(b)(1) after initially falling short. By executing its compliance plan, Momentus Inc. met the necessary standards, and the formal confirmation from the Panel has now secured its continued listing on Nasdaq.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Momentus Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001140361-25-023559), on June 25, 2025, and is solely responsible for the information contained therein.