Momentus Inc. Files S-1 with SEC
Ticker: MNTSW · Form: S-1 · Filed: Jan 21, 2025 · CIK: 1781162
Sentiment: neutral
Topics: sec-filing, s-1, company-update
TL;DR
Momentus Inc. (fka Stable Road Acquisition Corp.) filed an S-1, check financials.
AI Summary
Momentus Inc. filed an S-1 form on January 21, 2025, detailing its financial status and business operations. The company, previously known as Stable Road Acquisition Corp., is involved in the guided missiles and space vehicles sector. Its principal executive offices are located at 3901 N. First Street, San Jose, CA.
Why It Matters
This S-1 filing provides crucial insights into Momentus Inc.'s financial health and strategic direction, impacting investors and the space industry.
Risk Assessment
Risk Level: medium — S-1 filings often indicate a company is seeking to raise capital or undergo significant corporate changes, which inherently carry risks.
Key Numbers
- 333-284393 — SEC File Number (Identifies this specific SEC filing)
- 0001781162 — Central Index Key (Unique identifier for Momentus Inc. in SEC filings)
Key Players & Entities
- Momentus Inc. (company) — Filer of the S-1
- Stable Road Acquisition Corp. (company) — Former name of Momentus Inc.
- 3901 N. First Street, San Jose, CA (location) — Business and mailing address
- 20250121 (date) — Filing date of the S-1
FAQ
What is the primary purpose of this S-1 filing for Momentus Inc.?
The S-1 filing is a registration statement required by the SEC for companies planning to offer securities to the public, often indicating a move towards an IPO or significant capital raise.
When was Momentus Inc. formerly known as Stable Road Acquisition Corp. and when did the name change occur?
The filing indicates the former company name was Stable Road Acquisition Corp., with a date of name change on 20190628.
What industry does Momentus Inc. operate in, according to the SIC code?
Momentus Inc. operates in the 'GUIDED MISSILES & SPACE VEHICLES & PARTS' sector, with SIC code 3760.
What is the physical address of Momentus Inc.'s business operations?
The business address for Momentus Inc. is 3901 N. First Street, San Jose, CA 95134.
What is the SEC file number associated with this S-1 filing?
The SEC file number for this filing is 333-284393.
Filing Stats: 4,500 words · 18 min read · ~15 pages · Grade level 16.3 · Accepted 2025-01-21 17:11:01
Key Financial Figures
- $0.00001 — of our Class A common stock, par value $0.00001 per share (the "Common Stock"), at an a
- $6.67 — at an assumed public offering price of $6.67 per share, with accompanying warrants t
- $6 — ommon Stock and accompanying Warrant is $6.67, which was the closing price of our
- $0.125 — hare under Nasdaq Rule 5635(d) plus (b) $0.125 per whole share of Common Stock underly
- $1.00 — ment to maintain a minimum bid price of $1.00 per share (the "Minimum Bid Price Requi
Filing Documents
- ny20041535x1_s1.htm (S-1) — 4439KB
- ny20041535x1_ex4-9.htm (EX-4.9) — 105KB
- ny20041535x1_ex4-10.htm (EX-4.10) — 49KB
- ny20041535x1_ex5-1.htm (EX-5.1) — 9KB
- ny20041535x1_ex10-25.htm (EX-10.25) — 203KB
- ny20041535x1_ex23-1.htm (EX-23.1) — 2KB
- ny20041535x1_ex23-2.htm (EX-23.2) — 3KB
- ny20041535x1_ex107.htm (EX-FILING FEES) — 63KB
- logo_momentus3.jpg (GRAPHIC) — 23KB
- logo_momentus3x1.jpg (GRAPHIC) — 51KB
- ny20041535x1_ex5-1logo.jpg (GRAPHIC) — 596KB
- ny20041535x1_ex23-2logo.jpg (GRAPHIC) — 22KB
- 0001140361-25-001540.txt ( ) — 22044KB
- mnts-20250121.xsd (EX-101.SCH) — 102KB
- mnts-20250121_cal.xml (EX-101.CAL) — 120KB
- mnts-20250121_def.xml (EX-101.DEF) — 684KB
- mnts-20250121_lab.xml (EX-101.LAB) — 1185KB
- mnts-20250121_pre.xml (EX-101.PRE) — 1026KB
- ny20041535x1_s1_htm.xml (XML) — 2796KB
USE OF PROCEEDS
USE OF PROCEEDS 43 MARKET INFORMATION 43
DILUTION
DILUTION 44 DIVIDEND POLICY 45
MANAGEMENT'S DISCUSSION AND ANALYSIS
MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS 57 MANAGEMENT 79 EXECUTIVE AND DIRECTOR COMPENSATION 88
SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND
SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT 94 CERTAIN RELATIONSHIPS AND RELATED PARTY TRANSACTIONS 95
DESCRIPTION OF SECURITIES WE ARE OFFERING
DESCRIPTION OF SECURITIES WE ARE OFFERING 96 PLAN OF DISTRIBUTION 103 LEGAL MATTERS 107 EXPERTS 107 WHERE YOU CAN FIND MORE INFORMATION 107 i TABLE OF CONTENTS ABOUT THIS PROSPECTUS Neither we nor the Placement Agent have authorized anyone to provide you with additional information or information different from that contained or in this prospectus or in any free writing prospectus that we have authorized for use in connection with this offering. We take no responsibility for, and cannot provide any assurance as to the reliability of, any other information that others may give you. This prospectus does not constitute an offer to sell to any person, or a solicitation of an offer to purchase from any person, the securities offered by this prospectus in any jurisdiction in which it is unlawful to make such offer or solicitation of an offer. The Placement Agent is offering to sell, and seeking offers to buy, our securities only in jurisdictions where offers and sales are permitted. The information contained in this prospectus and any free writing prospectus that we have authorized for use in connection with this offering is accurate only as of the respective dates thereof, regardless of the time of delivery of this prospectus or of any sale of our securities. You should not assume that the information in this prospectus or any applicable prospectus supplement is accurate as of any date other than the date of the applicable document. Since the date of 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 " before making your investment decision. Unless otherwise indicated, information contained in this prospectus concerning our business and the industry and markets in which we operate, including with respect to