Momentus Regains Compliance with Nasdaq Minimum Bid Price
08 Setembro 2023 - 6:30PM
Business Wire
Momentus Inc. (NASDAQ: MNTS) (“Momentus” or the “Company”), a
U.S. commercial space company that offers satellite buses,
transportation, and other in-space infrastructure services, today
announced that it has received formal notice from the Listing
Qualifications staff of The Nasdaq Stock Market LLC indicating that
Momentus has regained compliance with the minimum bid price
requirement set forth in Nasdaq Listing Rule 5450(a)(1).
To regain compliance with the Rule, the Company’s common shares
were required to maintain a minimum closing bid price of $1.00 or
more for at least 10 consecutive business days, which was achieved
on September 7, 2023. As a result, the listing matter has been
closed.
About Momentus
Momentus is a U.S. commercial space company that offers
commercial satellite buses and in-space infrastructure services
including in-space transportation, hosted payloads, and other
in-orbit services.
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/20230908517384/en/
Momentus Contacts Investors:
investors@momentus.space Media: press@momentus.space
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