Jon Layman
About Jon Layman
Jon Layman has served as Chief Legal Officer of Momentus Inc. since February 2025 and is also the Corporate Secretary, routinely designated as a proxy alongside the CEO for special and annual meetings . He holds a B.A. in Political Science from the University of Michigan and a J.D. from NYU School of Law . Company performance context during his tenure: for the nine months ended September 30, 2025, service revenue declined year-over-year and net loss increased due to financing-related items and debt extinguishment, framing a challenging environment for legal, financing, and governance execution .
| Metric (USD) | 9M 2024 | 9M 2025 |
|---|---|---|
| Service Revenue | $1.8M | $0.7M |
| Total Operating Expenses | $24.6M | $19.1M |
| Loss from Operations | $(22.9)M | $(18.4)M |
| Net Loss | $(23.1)M | $(28.1)M |
Past Roles
| Organization | Role | Years | Strategic Impact |
|---|---|---|---|
| The ON Platform Inc. | Chief Legal Officer and Head of Operations | Feb 2024–Jul 2024 | Led legal and operations for a platform business |
| Prime Movers Lab LLC | General Partner, Operating Partner, General Counsel | Jan 2021–Aug 2022 | Combined investment, operating, and legal leadership at a venture firm |
| Layman Strategic Advisory | Principal Member | Sep 2022–present | Strategic advisory and legal services |
| Hogan Lovells US LLP | Partner | Not disclosed | Senior law firm leadership and client advisory |
| Wilson Sonsini Goodrich & Rosati, PC | Partner | Not disclosed | Senior law firm leadership in tech/legal practice |
External Roles
No public company board memberships or committee roles for Jon Layman are disclosed in MNTS filings .
Equity Ownership & Alignment
| As-of Date | Number of Shares | % of Shares Outstanding |
|---|---|---|
| Apr 3, 2025 | — (not listed as beneficial owner) | — |
| Jul 22, 2025 | — | — |
| Oct 10, 2025 | — | — |
- Company equity plan prohibits transfer or pledge of equity awards, with limited exceptions (e.g., by will), and prohibits transfer for consideration to a third-party financial institution .
- Equity awards are subject to a company-wide clawback policy; awards may be reduced, cancelled, forfeited, or recouped under specified events or to comply with law .
- Indemnification agreements cover all directors and executive officers; MNTS advances expenses to the fullest extent permitted by Delaware law .
Employment Terms
- Role and start date: Chief Legal Officer since February 2025; Corporate Secretary; designated proxy signatory for special and annual meetings .
- Indemnification: Covered under MNTS indemnification agreements for officers .
- Contract economics: No public disclosure found for Layman’s base salary, bonus targets, equity grants, severance, or change-in-control terms in available 2025 filings; prior CLO (Paul Ney) resigned Jan 28, 2025, with his vesting and option treatment detailed, but those terms are specific to Mr. Ney and not to Mr. Layman .
Investment Implications
- Alignment: Layman is not disclosed as a beneficial holder of MNTS shares across multiple dates in 2025, implying limited direct equity alignment unless separate unvested awards exist that are not currently reportable; company-wide clawback and non-pledging provisions partially mitigate governance risk .
- Retention and compensation visibility: No public disclosure of Layman’s compensation package (base, bonus, RSUs/options, severance, or CoC terms), limiting pay-for-performance analysis and retention risk assessment; investors should monitor subsequent 8-Ks and the next proxy for detailed compensation disclosure .
- Execution context: Legal and governance demands are elevated amid reverse splits, warrant approvals, equity line usage, convertible note amendments, and special meetings where Layman acts as Corporate Secretary and proxy; the 9M 2025 performance reflects revenue pressure and financing-related losses, underscoring the importance of disciplined legal execution and capital markets work .