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Momentus ( (MNTS) ) has provided an announcement.
Momentus Inc. completed a public offering of shares and warrants, raising approximately $5 million to be used for general corporate purposes, including debt repayment. This strategic move is expected to impact the company’s financial stability and market operations, with the offering structured to prevent significant stock dilution and involving lock-up agreements to secure investment stability.
More about Momentus
Momentus is a U.S. commercial space company offering satellite buses and in-space infrastructure services, including in-space transportation and hosted payloads.
YTD Price Performance: -67.63%
Average Trading Volume: 773,597
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $17.66M
See more data about MNTS stock on TipRanks’ Stock Analysis page.
