Momentus (MNTS) late Friday filed a registration document for the potential sale of up to 20.5 million shares from time to time by selling stockholders.
The selling stockholders cannot exercise the warrants if that increases their stake in the company by more than 9.99% of the outstanding common shares.
The filing includes 15 million shares underlying the warrants to be issued to Armistice Capital if it chooses to exercise Momentus warrants and 5 million shares underlying placement agent warrant. The preliminary prospectus also covers the potential sale of up to 500,000 shares owned by Alliance Global Partners.
Momentus will not receive any proceeds through the potential sales.
Price: 0.6455, Change: -0.03, Percent Change: -4.16
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。