Momentus Grants Inducement Awards to New Employees
22 Maio 2023 - 5:39PM
Business Wire
Momentus Inc. (NASDAQ: MNTS) ("Momentus" or the "Company"), a
U.S. commercial space company that offers orbital transportation
and in-space infrastructure services, today announced the granting
of inducement awards to seven new employees. In accordance with
NASDAQ Listing Rule 5635(c)(4), the awards were approved by
Momentus’ Compensation Committee and made as a material inducement
to each employee's entry into employment with the Company.
In connection with the commencement of their employment, the
employees received an aggregate 693,201 restricted stock units
(RSUs) on May 20, 2023.
The RSUs have either a three-year quarterly vesting schedule or
a four-year annual vesting schedule, subject to the relevant
employee's continued service with Momentus on the applicable
vesting date.
About Momentus
Momentus is a U.S. commercial space company that offers in-space
infrastructure services, including in-space transportation, hosted
payloads and in-orbit services. Momentus believes it can make new
ways of operating in space possible with its planned in-space
transfer and service vehicles that will be powered by an innovative
water plasma-based propulsion system.
Forward-Looking Statements
This press release contains certain statements which may
constitute “forward-looking statements” for purposes of the federal
securities laws. Forward-looking statements include, but are not
limited to, statements regarding Momentus or its management team’s
expectations, hopes, beliefs, intentions or strategies regarding
the future, projections, forecasts or other characterizations of
future events or circumstances, including any underlying
assumptions, and are not guarantees of future performance. Because
forward-looking statements relate to the future, they are subject
to inherent uncertainties, risks and changes in circumstances that
are difficult to predict and many of which are outside of Momentus’
control. Many factors could cause actual future events to differ
materially from the forward-looking statements in this press
release, including but not limited to risks and uncertainties
included under the heading “Risk Factors” in the Annual Report on
Form 10-K filed by the Company on March 8, 2023, as such factors
may be updated from time to time in our other filings with the
Securities and Exchange Commission (the "SEC"), accessible on the
SEC’s website at www.sec.gov and the Investor Relations section of
our website at investors.momentus.space. Forward-looking statements
speak only as of the date they are made. Readers are cautioned not
to put undue reliance on forward-looking statements, and, except as
required by law, the Company assumes no obligation and does not
intend to update or revise these forward-looking statements,
whether as a result of new information, future events, or
otherwise.
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version on businesswire.com: https://www.businesswire.com/news/home/20230522005626/en/
Media: Press@momentus.space
Investors: Investors@momentus.space
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