Momentus Inc. Raises $3.74 Million Through Unregistered Warrant Exercise
I'm PortAI, I can summarize articles.
Momentus Inc. has raised approximately $3.74 million through a warrant inducement agreement with an existing warrant holder. The holder exercised warrants to purchase 4,862,058 shares at $0.77 per share. The transaction was conducted as a private placement to an accredited investor, relying on exemptions under the Securities Act of 1933. This financial move is expected to provide Momentus with significant gross proceeds.
Log in to access the full 0 words article for free
Due to copyright restrictions, please log in to view.
Thank you for supporting legitimate content.
Source: Reuters The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments