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The latest announcement is out from Momentus ( (MNTS) ).
On February 11, 2025, Momentus Inc. completed a public offering, raising approximately $5 million by selling shares and warrants to purchase common stock. The proceeds will be used for general corporate purposes, and the offering involved a securities purchase agreement restricting issuance of additional stock for a certain period. The company’s strategic move aims to bolster its market position and operational capabilities in the commercial space industry.
More about Momentus
Momentus is a U.S. commercial space company that offers satellite buses, transportation, and other in-space infrastructure services.
YTD Price Performance: -57.86%
Average Trading Volume: 1,110,417
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $11.36M
Learn more about MNTS stock on TipRanks’ Stock Analysis page.
