Xin Yu

- Momentus Inc. entered into a private placement offering with Yield Point NY, LLC on **September 25, 2025**, securing approximately **$1,500,000 in gross proceeds**.  **[1781162_0001140361-25-036535_ny20047547x33_8k.htm:1]** 
- The offering included a **Junior Secured Convertible Note** with a principal amount of **$1,630,435**, maturing on **September 25, 2026**, and convertible into Class A common stock at **$1.116 per share**.  **[1781162_0001140361-25-036535_ny20047547x33_ex4-1.htm:0]** **[1781162_0001140361-25-036535_ny20047547x33_8k.htm:1]** 
- Additionally, the company issued **warrants to purchase up to 1,460,964 shares of Common Stock** at an exercise price of **$1.40 per share**.  **[1781162_0001140361-25-036535_ny20047547x33_8k.htm:1]** 
- As part of the agreement, Momentus Inc. committed to not effect an Equity Line of Credit or variable rate transaction (with some exceptions) while the Notes are outstanding, and to seek shareholder approval for issuances exceeding **19.9%** of outstanding shares.  **[1781162_0001140361-25-036535_ny20047547x33_8k.htm:1]** 
- The company also granted Yield Point NY, LLC certain registration rights for "Put Shares" and "Commitment Shares".  **[1781162_0001140361-25-036535_ny20047547x33_ex10-5.htm:0]** **[1781162_0001140361-25-036535_ny20047547x33_ex10-5.htm:20]**

Momentus (MNTS)