Momentus Inc. Files Form 8-K, Announcing Results of 2025 Special Meeting of Stockholders

Strategic Insights -

Momentus Inc. held its 2025 Special Meeting of Stockholders on September 17, 2025, where stockholders voted on several proposals related to the company's operations and financial structure. The meeting was attended by a quorum of stockholders, and all seven proposals were approved. The proposals included a reverse stock split of the company's outstanding shares of Class A common stock, the issuance of Class A common stock in connection with the exercise of certain outstanding warrants, and the approval of various proposals related to the company's debt settlement and listing rules.

Key Takeaways:

  • The reverse stock split proposal was approved by a vote of 2,986,283 "for" votes, 727,980 "against" votes, and 79,434 "abstain" votes.
  • The warrant exercise proposal was approved by a vote of 888,109 "for" votes, 187,489 "against" votes, and 71,530 "abstain" votes, with 2,646,569 broker non-votes.
  • The adjournment proposal was approved by a vote of 3,234,305 "for" votes, 478,548 "against" votes, and 80,844 "abstain" votes.
  • The inducement warrant proposal, convertible notes and warrants proposal, lender warrant proposal, and debt settlement proposal were all approved with similar voting patterns, with a majority of "for" votes and a significant number of "abstain" votes.
  • The proposals were more fully described in the company's definitive proxy statement filed with the SEC on August 19, 2025, and the definitive proxy statement supplement filed with the SEC on September 8, 2025.

Statistics:

  • Total votes cast in favor of Proposition 1 (Reverse Stock Split Proposal): 2,986,283
  • Total votes cast against Proposition 1 (Reverse Stock Split Proposal): 727,980
  • Total abstentions for Proposition 1 (Reverse Stock Split Proposal): 79,434
  • Total broker non-votes for Proposition 2 (Warrant Exercise Proposal): 2,646,569
  • Total votes cast in favor of Proposition 2 (Warrant Exercise Proposal): 888,109
  • Total votes cast against Proposition 2 (Warrant Exercise Proposal): 187,489
  • Total abstain votes for Proposition 2 (Warrant Exercise Proposal): 71,530
  • Number of proposals voted upon at the Special Meeting: 7
  • Date of the Special Meeting: September 17, 2025
  • Date of Report (date of earliest event reported): September 17, 2025

Sources:

  • Form 8-K (Current Report) filed with the U.S. Securities and Exchange Commission on September 18, 2025.