Momentus announces closing of warrant inducement transaction for $6.5 million in gross proceeds

San 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, announced today that it has closed its previously announced agreement with a single investor that is an existing holder of warrants to purchase shares of common stock of the company for cash (the “existing warrants”), wherein the investor agreed to exercise the existing warrants to.
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