Momentus terminates $50 million equity purchase agreement with Yield Point NY
Momentus Inc. terminated its Equity Purchase Agreement with Yield Point NY LLC, effective August 21, 2026. The facility would have let the company direct the investor to buy up to $50,000,000 of Class A common stock, but the company had not used it and said it does not intend to use the facility in the future. The filing reports no early termination penalties.
Key points
- Agreement signed September 25, 2025 and amended December 23, 2025; allowed sales of up to $50,000,000 of Class A common stock to Yield Point NY LLC
- Company gave termination notice on August 21, 2026 under Section 10.6, which allows termination for any reason after the resale registration statement is effective
- Company had not utilized the facility; no early termination penalties were incurred
The filing
Written by AI on Nov 9, 2026, 11:43 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 25, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.