Momentus Announces Closing of $5 Million Offering Priced At-The-Market Under NASDAQ Rules
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Momentus Inc. has closed a $5 million offering priced at-the-market under NASDAQ rules, involving the sale of shares and warrants to a single institutional investor.
February 11, 2025 | 10:30 pm
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Momentus Inc. completed a $5 million offering, selling shares and warrants to a single institutional investor. This move could provide the company with additional capital for its operations.
The completion of a $5 million offering provides Momentus with additional capital, which could be used to further its business operations and growth. This is likely to be viewed positively by investors, potentially leading to a short-term increase in stock price.
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