Momentus (MNTS) Announces 3.69M Share Offering at $1.085/sh
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Momentus Announces $4.0 Million Registered Direct Offering Priced At-the-Market Under Nasdaq Rules
January 16, 2024 8:00 AM ESTSAN JOSE, Calif.--(BUSINESS WIRE)-- Momentus Inc. (NASDAQ: MNTS) (Momentus or the Company), a U.S. commercial space company that offers satellite buses, transportation, and other in-space infrastructure services, today announced that it has entered into a securities purchase agreement with a single U.S. institutional investor for the purchase and sale of 3,687,000 shares of common stock (or common stock equivalents in lieu thereof) at a purchase price of $1.085 per share and warrant pursuant to a registered direct offering priced at-the-market under Nasdaq rules, resulting in total gross proceeds of approximately $4.0 million, before deducting... More
