Momentus Inc. has amended its existing secured convertible promissory note with Space Infrastructures Ventures, LLC (SIV), effective December 5, 2025. The amendment defers the first payment tranche of $1 million from December 1, 2025, to a new maturity date of May 1, 2026. As part of the agreement, Momentus issued SIV warrants to purchase up to 240,000 shares of common stock at an exercise price of $0.79 per share. The amendment also delays the date on which Momentus may incur up to $4 million of additional pari passu indebtedness with the convertible note. All other terms of the original note remain unchanged.
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: 0001140361-25-045087), on December 10, 2025, and is solely responsible for the information contained therein.
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