Momentus Raises $3.7 Million Through Warrant Exercise and Issues New Warrants

Reuters12-10
Momentus Raises $3.7 Million Through Warrant Exercise and Issues New Warrants

Momentus Inc., a leader in U.S. commercial space solutions, has announced a warrant inducement agreement with an existing institutional investor. Under the terms, the investor will immediately exercise August 2025 warrants to purchase up to 4,862,058 shares of common stock at a reduced exercise price of $0.77, providing Momentus with approximately $3.7 million in gross proceeds. In exchange, the investor will receive new December 2025 unregistered warrants to purchase up to 7,293,087 shares of Class A common stock at the same exercise price, pending stockholder approval. Additionally, certain existing October 2025 warrants will be amended to reduce their exercise price to $0.77 per share, subject to stockholder approval. The company plans to use the net proceeds for working capital and general corporate purposes.

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: 20251210627899) on December 10, 2025, and is solely responsible for the information contained therein.
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