PRESS
Momentus To Become Public Through Merger With Stable Road Acquisition Corp
October 7, 2020
SANTA CLARA, CA -- October 7, 2020 -- Momentus Inc. (“Momentus” or the “Company”), a commercial space company offering in-space transportation and infrastructure services, today announced it has signed a definitive merger agreement with Stable Road Acquisition Corp. (Nasdaq: SRAC, SRACU, SRACW) (“Stable Road”) that will result in the Company becoming publicly listed. Upon the closing of the transaction, the combined operating company will be named Momentus Inc. and its securities will be listed on Nasdaq and trade under the ticker symbol “MNTS.”
Stable Road Acquisition Corp. Announces Pricing of $150,000,000 Initial Public Offering
November 7th, 2019
Stable Road Acquisition Corp. announced today that it priced its initial public offering of 15,000,000 units at $10.00 per unit. The units will be listed on the Nasdaq Capital Market and will begin trading tomorrow, Friday, November 8, 2019, under the ticker symbol “SRACU”. Each unit consists of one share of the Company’s Class A common stock and one-half of one redeemable warrant, each whole warrant entitling the holder thereof to purchase one share of Class A common stock at a price of $11.50 per share. Only whole warrants are exercisable and will trade. Once the securities comprising the units begin separate trading, shares of the Class A common stock and warrants are expected to be listed on Nasdaq under the symbols “SRAC” and “SRACW,” respectively.