Momentus cuts conversion price on Yield Point note to $5.28 per share

Reuters02-21

Momentus cuts conversion price on Yield Point note to $5.28 per share

Momentus Inc. said its board approved lowering the share conversion price on a note held by Yield Point NY LLC to $5.28 from $19.9206 for up to 81,555 shares, available from Feb. 20, 2026 through March 25, 2026 (or until the shares are issued). The note had about $1.6 million outstanding as of Feb. 20, 2026.

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: 0001140361-26-006335), on February 20, 2026, and is solely responsible for the information contained therein.

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