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.
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