SCHEDULE 13G/A: Armistice Capital and Steven Boyd Disclose 9.99% Stake in Momentus Inc.

Armistice Capital, LLC and Steven Boyd have filed an amended Schedule 13G, revealing a shared beneficial ownership of 9.99% of Momentus Inc.'s Class A common stock as of March 31, 2025.

Summary

• Armistice Capital, LLC and Steven Boyd, collectively referred to as the 'Reporting Persons,' have filed an Amendment No. 3 to Schedule 13G.
• The filing indicates that the Reporting Persons beneficially own an aggregate of 500,958 shares of Momentus Inc.'s Class A common stock.
• This ownership represents 9.99% of the Class A common stock outstanding.
• Armistice Capital, LLC, a Delaware entity, is identified as an Investment Adviser (IA) and Other (OO) type of reporting person.
• Steven Boyd, a United States citizen, is identified as a Holding Company (HC) and Individual (IN) type of reporting person.
• The shares are held with shared voting power and shared dispositive power by both Armistice Capital, LLC and Steven Boyd.
• The Master Fund, Armistice Capital Master Fund Ltd., is the direct holder of the shares and an investment advisory client of Armistice Capital, having the right to receive dividends or proceeds from the sale of these securities.
• The securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing the control of Momentus Inc.

Sentiment

Score: 6

Explanation: The document is a factual disclosure of beneficial ownership. The significant stake (9.99%) by a known investment firm could be interpreted as a positive signal of investor confidence, but the document itself is neutral in tone and content regarding company performance.

Positives

• The disclosure of a significant 9.99% stake by Armistice Capital and Steven Boyd may signal confidence from a notable institutional investor in Momentus Inc.'s future prospects.

Negatives

• NA

Risks

• NA

Future Outlook

This Schedule 13G filing is a disclosure of beneficial ownership and does not contain forward-looking statements or guidance regarding Momentus Inc.'s future performance or operations.

Industry Context

This filing is a standard disclosure required by the SEC when an entity or individual acquires beneficial ownership of more than 5% of a company's voting class of securities. For the space industry, such filings indicate significant investment positions by institutional players, which can be interpreted as a vote of confidence in the company's long-term potential or specific strategic direction. Armistice Capital's continued significant stake suggests ongoing interest in Momentus Inc.'s role in the space logistics and infrastructure sector.

Comparison to Industry Standards

• This document is a standard Schedule 13G filing, which is a common regulatory disclosure for investors acquiring significant stakes (over 5%) in publicly traded companies across all industries, including the space sector.
• The 9.99% stake held by Armistice Capital and Steven Boyd in Momentus Inc. is a substantial position, nearing the 10% threshold that would typically trigger a more detailed Schedule 13D filing if the intent were to influence or control the issuer.
• While specific comparable companies or projects are not mentioned in this filing, the investment by Armistice Capital, an investment firm, aligns with typical institutional investment strategies in emerging or high-growth sectors like space infrastructure, similar to how other funds might invest in companies like Rocket Lab USA, Inc. (RKLB) or Astra Space, Inc. (ASTR) (though this document does not mention these companies).

Stakeholder Impact

• Shareholders: Provides transparency regarding significant ownership stakes, which can influence market perception and potentially signal investor confidence.
• Management: Informs management of significant shareholder positions, which can be relevant for corporate governance and strategic discussions.

Key Dates

Keywords

Momentus Inc., Armistice Capital, Steven Boyd, SEC Filing, Schedule 13G, Beneficial Ownership, Class A Common Stock, Institutional Investor, Investment Management, Space Industry