Momentus (MNTS) has issued an announcement.
Momentus Inc., a space industry company, has been alerted by Nasdaq for not filing its financial report on time, risking the delisting of its stock if it doesn’t comply within given deadlines. Despite this setback, NASA has chosen Momentus as a launch provider in the VADR program, showcasing confidence in its capabilities to deliver various payloads to orbit, a significant endorsement for the company’s services. Momentus is actively working to meet Nasdaq’s compliance requirements and plans to submit a remedial plan soon.
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