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Momentus Announces a Warrant Inducement Transaction for $3.7 Million in Gross Proceeds
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Warrant Inducement Transaction Announced by Momentus
A warrant inducement agreement with an existing institutional investor has been announced by commercial space firm Momentus for the immediate exercise of the August 2025 warrants to purchase up to 4,862,058 shares of common stock (the “Existing Warrants”). The Existing Warrants will be exercised at a reduced exercise price of $0.77 for total gross cash proceeds of approximately $3.7 million, before deducting financial advisor fees and other tran…
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