Momentus raises $25M in private placement at $8.50/share, boosting cash to ~$76M

Filed May 29, 2026 · Period ending May 26, 2026 · ~1 min read

Key Changes

• high

  Momentus sold 2.17M shares and pre-funded warrants for 769K shares at $8.50/share to institutional investors, raising ~$25M gross proceeds. Transaction closed May 28, 2026, bringing total cash position to approximately $76M.

  Item 1.01 verify on EDGAR →
• medium

  Company agreed to file resale registration within 10 trading days and have it effective within 15-45 days. Failure to maintain registration triggers monthly liquidated damages of 1.5% of subscription amount.

  Item 1.01 verify on EDGAR →
• medium

  Momentus restricted from issuing new equity until 5 days after registration effective date, and prohibited from variable-rate transactions for 30 days thereafter (except at-the-market sales at $20+/share).

  Item 1.01 verify on EDGAR →