Momentus Terminates $4 Million AIR Warrants With Yield Point After Full Note Conversion

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2026.04.20 15:43
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Momentus has terminated the AIR Warrants with Yield Point, originally issued on September 25, 2025, allowing for the purchase of up to $4 million in additional convertible notes. This termination occurred on April 17, 2026, after the full conversion of amounts under the related Junior Secured Convertible Note. Additionally, all amounts under a separate secured convertible promissory note to Space Infrastructures Ventures have been converted to common stock, resulting in no outstanding convertible indebtedness. No termination fees were disclosed.