IPO - Momentus Inc.

Form Type: 424B5

Filing Date: 2025-02-11

Corporate Action: Ipo

Type: New

Accession Number: 000114036125003793

Filing Summary: Momentus Inc. is conducting an offering of 300,000 shares of Class A common stock at a public offering price of $3.925 per share, inclusive of accompanying warrants to purchase up to 300,000 shares of common stock. The exercise price for each warrant is set at $3.80 per share and they will expire after five years. Additionally, the offering includes pre-funded warrants allowing a specific purchaser to acquire up to 973,886 shares of common stock, contingent on ownership limits of 4.99% or 9.99% of outstanding shares. The complete offering is structured so that the various securities will be issued and settled on a delivery versus payment basis, with the expected closing occurring on or about February 11, 2025. This offering will not require a minimum aggregate amount of proceeds to close, and includes fees payable to the placement agent, A.G.P./Alliance Global Partners. Momentus is classified as a smaller reporting company and has disclosed certain risks associated with the investment, highlighting operational challenges and uncertainties over capital raising and market dynamics. This prospectus addresses compliance with Nasdaq listing requirements, following previous deficiency notices and actions regarding the company's stock price and reporting status. The document emphasizes the company's commitment to advancing its satellite transportation services and technology development, including its innovative Vigoride vehicles designed for orbital and in-orbit services as well as future reusability potential, aiming to enhance operational efficiencies for satellite operators. This is pivotal for expanding Momentus's presence in the growing space commercialization sector, while addressing prior delisting risks and ongoing financial viability evaluations due to the substantial losses reported.

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Form Type: CORRESP

Filing Date: 2025-02-06

Corporate Action: Ipo

Type: New

Accession Number: 000114036125003429

Filing Summary: Momentus Inc. has filed a request with the U.S. Securities and Exchange Commission to accelerate the effective date of its Registration Statement on Form S-1, which is attached with File No: 333-284393. The company intends for the registration to become effective at 9:00 a.m. Eastern Time on February 10, 2025, or as soon thereafter as practicable. A.G.P./Alliance Global Partners, acting as Lead Placement Agent, confirmed compliance with relevant regulations and plans to distribute preliminary prospectuses to participating dealers for adequate distribution of securities in the offering.

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Form Type: CORRESP

Filing Date: 2024-12-16

Corporate Action: Ipo

Type: New

Accession Number: 000114036124049647

Filing Summary: Momentus Inc. has filed a request to accelerate the effective date of its Registration Statement on Form S-1, allowing it to become effective at 9:30 a.m. Eastern Time on December 17, 2024. A.G.P. / Alliance Global Partners, acting as the Lead Placement Agent, is facilitating this request. The document confirms compliance with necessary rules regarding the distribution of the preliminary prospectus, indicating that arrangements are being made to ensure adequate distribution to agents or dealers involved in the securities offering.

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