Momentus Raises $5 Million in Private Placement; Signs Registration Rights and Agency Pacts

Momentus completed a private placement raising approximately $5 million through a mix of common stock and pre-funded warrants, pricing shares at $3.75 and setting a $0.00001 exercise price on the pre-funded warrants with a 9.99% ownership cap. The company also granted the investor registration rights with accelerated filing and effectiveness deadlines and potential 1.5% monthly liquidated damages if resale is delayed beyond thresholds. To support the transaction, Momentus retained A.G.P./Alliance Global Partners as placement agent, paying a 7% cash fee and issuing 66,666 warrants at $4.125 per share. Proceeds will be used for general corporate purposes, including working capital and potential debt repayment.Agreement 1: Momentus Raises $5 Million in Private Placement of Stock and Pre-Funded WarrantsAgreement type: Securities Purchase Agreement for private placement of common stock and pre-funded warrantsCounterparty: Institutional InvestorSigned / Effective: Apr 14 2026 / Apr 15 2026Duration / Termination: At willReason: Strengthen liquidity and fund general corporate purposesAgreement 2: Momentus Grants Investor Registration Rights With Tight Effectiveness DeadlinesAgreement type: Registration Rights Agreement for resale of securitiesCounterparty: Institutional InvestorSigned / Effective: Apr 14 2026 / Apr 14 2026Duration / Termination: At willReason: Enable timely resale registration for investor liquidityAgreement 3: Momentus Retains A.G.P./Alliance Global Partners as Placement Agent; 7% Fee, 66,666 WarrantsAgreement type: Placement Agency Agreement for private placementCounterparty: A.G.P./Alliance Global PartnersSigned / Effective: Apr 14 2026 / Apr 14 2026Duration / Termination: At willReason: Engage placement agent and compensate for servicesOriginal SEC Filing: Momentus Inc. [ MNTS ] - 8-K - Apr. 16, 2026DisclaimerThis is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source. Please note this summary is solely based on documents filed with the SEC.