Momentus Inc. Files S-1/A Amendment
Ticker: MNTSW · Form: S-1/A · Filed: Dec 26, 2024 · CIK: 1781162
Sentiment: neutral
Topics: sec-filing, registration-statement, corporate-update
Related Tickers: MNTS
TL;DR
Momentus Inc. (MNTS) filed an S-1/A. Watch for potential stock moves.
AI Summary
Momentus Inc. filed an S-1/A amendment on December 26, 2024, updating its registration statement. The company, previously known as Stable Road Acquisition Corp. until June 28, 2019, is incorporated in Delaware and headquartered in San Jose, California. The filing relates to the registration of securities under the Securities Act of 1933.
Why It Matters
This filing indicates ongoing regulatory activity for Momentus Inc., which could signal future stock offerings or significant corporate changes impacting investors.
Risk Assessment
Risk Level: medium — S-1/A filings often precede significant corporate actions like stock offerings, which can dilute existing shares or signal financial needs.
Key Numbers
- 333-283727 — SEC File Number (Identifies this specific registration filing)
- 1231 — Fiscal Year End (Indicates the end of Momentus Inc.'s financial reporting year)
Key Players & Entities
- Momentus Inc. (company) — Registrant
- Stable Road Acquisition Corp. (company) — Former company name
- 20190628 (date) — Date of name change
- 3901 N. First Street San Jose, CA 95134 (address) — Principal Executive Offices
- John C. Rood (person) — Chief Executive Officer
- 333-283727 (filing_number) — SEC File Number
FAQ
What is the purpose of this S-1/A filing?
This is an amendment to a previously filed Form S-1 registration statement, indicating updates or changes to the information provided to the SEC regarding the registration of securities.
When was Momentus Inc. formerly known as Stable Road Acquisition Corp.?
Momentus Inc. was formerly known as Stable Road Acquisition Corp. until June 28, 2019.
Where is Momentus Inc. headquartered?
Momentus Inc.'s principal executive offices are located at 3901 N. First Street, San Jose, CA 95134.
Who is the Chief Executive Officer of Momentus Inc.?
John C. Rood is the Chief Executive Officer of Momentus Inc.
What is the SEC file number associated with this filing?
The SEC file number for this registration statement is 333-283727.
Filing Stats: 4,464 words · 18 min read · ~15 pages · Grade level 16.8 · Accepted 2024-12-26 07:03:53
Key Financial Figures
- $0.00001 — ares of Class A common stock, par value $0.00001 per share (the "Common Stock"), of Mome
- $7.75 — ted sales price of our Common Stock was $7.75 per share. We are an "emerging growth
- $1.00 — ment to maintain a minimum bid price of $1.00 per share (the "Minimum Bid Price Requi
- $5,000,000 — equity initial listing requirements of $5,000,000 for Nasdaq, as set forth under Nasdaq L
- $2,500,000 — as a result of not having a minimum of $2,500,000 in stockholders' equity for continued l
- $35 m — value of listed securities of at least $35 million, or net income from continuing op
- $500,000 — et income from continuing operations of $500,000 in the most recently completed fiscal y
- $23.1 million — d by the Company's incurred net loss of $23.1 million for the nine months ended September 30,
- $396.1 million — er 30, 2024, and accumulated deficit of $396.1 million as of September 30, 2024. Additionally,
- $10.9 million — itionally, the Company used net cash of $10.9 million to fund its operating activities for th
- $0.8 million — 4, and had cash and cash equivalents of $0.8 million as of September 30, 2024. Pursuant to
Filing Documents
- ny20039820x7_s1a.htm (S-1/A) — 376KB
- ny20039820x7_ex5-1.htm (EX-5.1) — 20KB
- ny20039820x7_ex23-1.htm (EX-23.1) — 2KB
- ny20039820x7_ex23-2.htm (EX-23.2) — 3KB
- ny20039820x7_ex107.htm (EX-FILING FEES) — 46KB
- logo_momentus.jpg (GRAPHIC) — 32KB
- logo_momentusx1.jpg (GRAPHIC) — 51KB
- ny20039820x7_ex5-1logo.jpg (GRAPHIC) — 596KB
- ny20039820x7_ex23-2logo.jpg (GRAPHIC) — 22KB
- 0001140361-24-050306.txt ( ) — 1413KB
USE OF PROCEEDS
USE OF PROCEEDS 13 SELLING STOCKHOLDER 14 PLAN OF DISTRIBUTION 16 LEGAL MATTERS 18 EXPERTS 19 WHERE YOU CAN FIND MORE INFORMATION 20 INCORPORATION OF CERTAIN INFORMATION BY REFERENCE 21 i TABLE OF CONTENTS ABOUT THIS PROSPECTUS You should rely only on the information provided in this prospectus, as well as the information incorporated by reference into this prospectus and any applicable prospectus supplement. Neither we nor the Selling Stockholder have authorized anyone to provide you with different information. Neither we nor the Selling Stockholder are making an offer of these securities in any jurisdiction where the offer is not permitted. You should not assume that the information in this prospectus, any applicable prospectus supplement or any documents incorporated by reference is accurate as of any date other than the date of the applicable document. Since the date of this prospectus and the documents incorporated by reference into this prospectus, our business, financial condition, results of operations and prospects may have changed. You should read this prospectus and the related exhibits filed with the SEC, together with the additional information described under the headings " Where You Can Find More Information " and " Incorporation of Certain Information by Reference " before making your investment decision. We are responsible for the information contained in this prospectus. We have not, and the Selling Stockholder have not, authorized anyone to provide you with different information, and we take no, and the Selling Stockholder take no, responsibility for any other information others may give you. If anyone provides you with different or inconsistent information, you should not rely on it. We are not, and the Selling Stockholder are not, making an offer to sell the Warrant Shares in any jurisdiction where the offer or sale is not permitted. You should not assume that the information contained in this prospectus is accur