Momentus Inc. Files Form 8-K, Entering into Warrant Inducement Agreement

Strategic Insights -

Momentus Inc., a Delaware corporation, has filed a Form 8-K with the U.S. Securities and Exchange Commission, detailing its entry into a warrant inducement agreement with a Holder of existing warrants to purchase shares of common stock. The agreement involves the exercise of warrants to purchase 2,142,858 and 2,836,880 shares of common stock, with aggregate gross proceeds of approximately $7 million expected to be received by the Company. In consideration of the Holder's agreement to exercise the warrants, Momentus Inc. will issue new warrants to purchase up to 7,469,607 shares of common stock, subject to certain conditions and adjustments.

Key Takeaways:

  • Momentus Inc. has entered into a warrant inducement agreement with a Holder of existing warrants to purchase shares of common stock.
  • The agreement involves the exercise of 2,142,858 and 2,836,880 shares of common stock, with aggregate gross proceeds of approximately $7 million expected to be received by the Company.
  • Momentus Inc. will issue new warrants to purchase up to 7,469,607 shares of common stock, subject to certain conditions and adjustments.
  • The Company has engaged A.G.P./Alliance Global Partners as its financial advisor and will pay an aggregate fee of approximately $494,500.
  • The Company expects to use the net proceeds from this transaction for general corporate purposes.
  • The Inducement Warrants will have an exercise price of $1.43 per share and will be exercisable on or after the Stockholder Approval Date.
  • Upon a fundamental transaction, a holder of Inducement Warrants will be entitled to receive the kind and amount of securities, cash or other property that they would have received had they exercised the Inducement Warrants immediately prior to the fundamental transaction.

Statistics:

  • $7 million in aggregate gross proceeds are expected to be received by the Company from the exercise of the Existing Warrants.
  • 7,469,607 shares of common stock may be purchased through the issuance of new warrants to the Holder.
  • 2,142,858 and 2,836,880 shares of common stock are subject to exercise through the Existing Warrants.
  • The Company will pay an aggregate fee of approximately $494,500 to A.G.P./Alliance Global Partners.
  • The Company will also reimburse A.G.P. for legal expenses incurred in connection with the transaction, not to exceed $35,000.

Sources:

  • UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934 October 14, 2025 Date of Report (date of earliest event reported)
  • Exhibit 10.1 - Form of Warrant Inducement Agreement, by and between Momentus Inc. and the Holder identified on the signature page thereto
  • Exhibit 4.1 - Form of Inducement Warrant