Momentus Revises Convertible Note Terms, Boosting Dilution Risk

Claim 70% Off TipRanks PremiumUnlock hedge fund-level data and powerful investing tools for smarter, sharper decisions Stay ahead of the market with the latest news and analysis and maximize your portfolio's potentialMomentus ( (MNTS) ) has provided an announcement. On June 30, 2025, Momentus Inc. issued an unsecured convertible promissory note for $500,000 to A.G.P./Alliance Global Partners, which after a 1-for-17.85 reverse stock split on December 17, 2025, became convertible into Class A common shares at a price of $29.8095 per share. On January 9, 2026, the company exchanged this original note for a new unsecured convertible promissory note to A.G.P. on substantially the same terms and principal amount but with a reduced conversion price of $10.00 per share, a change that increases the potential equity dilution for existing shareholders while potentially making conversion more attractive to the noteholder; the exchange was conducted under a registration exemption pursuant to the Securities Act of 1933. The most recent analyst rating on (MNTS) stock is a Sell with a $1.00 price target. To see the full list of analyst forecasts on Momentus stock, see the MNTS Stock Forecast page. Spark’s Take on MNTS Stock According to Spark, TipRanks’ AI Analyst, MNTS is a Neutral. Momentus’s overall stock score is primarily impacted by its poor financial performance, characterized by declining revenues, high operating losses, and a weak balance sheet. Technical analysis also indicates bearish momentum, further contributing to the low score. The negative P/E ratio and lack of dividend yield result in a poor valuation score. These factors collectively highlight significant risks for investors. To see Spark’s full report on MNTS stock, click here. More about Momentus Momentus Inc. is a Delaware-incorporated company that issues Class A common stock and uses convertible promissory notes as a financing tool, reflecting an equity-linked capital structure focused on funding its operations through securities offerings. Average Trading Volume: 2,321,882 Technical Sentiment Signal: Sell Current Market Cap: $17.41M For an in-depth examination of MNTS stock, go to TipRanks’ Overview page.