Momentus Inc. Raises $7 Million Through Warrant Inducement Private Placement with Institutional Investor

Reuters
2025/10/14
<a href="https://laohu8.com/S/MNTS">Momentus Inc.</a> Raises $7 Million Through Warrant Inducement Private Placement with Institutional Investor

Momentus Inc. has announced a warrant inducement transaction with an existing institutional investor, resulting in approximately $7.0 million in gross proceeds. The investor agreed to immediately exercise warrants to purchase a total of 4,979,738 shares of common stock at prices of $1.43 and $1.41 per share. In exchange, the investor will receive new October 2025 Class A unregistered warrants to purchase up to 7,469,607 shares of common stock at an exercise price of $1.43. The new warrants will become exercisable following stockholder approval and will expire five years after such approval. The company plans to use the net proceeds for working capital and general corporate purposes. A.G.P./Alliance Global Partners acted as the exclusive financial advisor for the transaction.

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 Business Wire (Ref. ID: 20251014817927) on October 14, 2025, and is solely responsible for the information contained therein.

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