Momentus (MNTS) said Monday it has signed a five-year, $15 million master services agreement with Velo3D, a metal 3D printing services provider.
Under the terms of the agreement, Velo3D will provide consulting and parts manufacturing services through its Rapid Production Solutions program.
In return, Momentus issued 477,455 shares of class A common shares and 673,408 shares of non-voting series A convertible preferred stock. Each share of preferred stock is convertible into 10 shares of class A common stock. Velo3D's ownership in Momentus will remain below 9.99% of its outstanding common stock.
Price: 2.05, Change: -0.03, Percent Change: -1.44
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。