Space Company Secures $2.7 Million Through Warrant Exercise Deal
Momentus Restructures Existing Warrants With Institutional Investor to Boost Working Capital
Space technology firm Momentus has completed a warrant inducement transaction that will generate $2.7 million in gross proceeds to support operations and corporate activities. The company has entered into an agreement with an existing institutional investor to exercise 2,431,029 existing warrants at a reduced price of $1.11 per share.
The San Jose, Calif…
