Momentus Inc. has entered into a new financing arrangement with A.G.P./Alliance Global Partners, exchanging an existing unsecured convertible promissory note for a new note on substantially similar terms. The new Exchange Note retains the aggregate principal amount of $500,000 but reduces the conversion price for Momentus’ Class A common stock from $29.8095 to $10.00 per share, following a reverse stock split. The transaction was conducted pursuant to an exemption from registration under the Securities Act of 1933.
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: 0001140361-26-001016), on January 13, 2026, and is solely responsible for the information contained therein.
Comments