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Momentus Secures Nasdaq Listing Amid Compliance Efforts

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Momentus Secures Nasdaq Listing Amid Compliance Efforts

Momentus ( (MNTS) ) has shared an announcement.

On January 13, 2025, Momentus Inc. received a letter from the Nasdaq Hearings Panel granting a continued listing on The Nasdaq Capital Market until April 15, 2025, to regain compliance with Nasdaq Listing Rule 5550(b). The company has already met the requirement of maintaining a minimum bid price of $1.00 per share due to a reverse stock split on December 12, 2024. Failure to comply by April 15, 2025, could result in delisting.

More about Momentus

Momentus is a U.S. commercial space company that provides commercial satellite buses and in-space infrastructure services, including in-space transportation, hosted payloads, and other in-orbit services.

YTD Price Performance: -16.44%

Average Trading Volume: 250,694

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $16.09M

Find detailed analytics on MNTS stock on TipRanks’ Stock Analysis page.

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