SCHEDULE 13G/A: Armistice Capital and Steven Boyd Disclose 9.99% Stake in Momentus Inc. Class A Common Stock
Beneficial Ownership Report
Armistice Capital, LLC and its managing member Steven Boyd have filed an amended Schedule 13G, reporting a beneficial ownership of 9.99% of Momentus Inc.'s Class A common stock as of December 31, 2024.
Summary
- Armistice Capital, LLC and Steven Boyd, collectively referred to as the "Reporting Persons," beneficially own 179,458 shares of Momentus Inc.'s Class A common stock.
- This ownership represents 9.99% of the Class A common stock outstanding.
- The shares are held by Armistice Capital Master Fund Ltd., an investment advisory client of Armistice Capital, LLC.
- Armistice Capital, LLC, as the investment manager, exercises shared voting and dispositive power over these securities.
- Steven Boyd, as the managing member of Armistice Capital, LLC, is also deemed to beneficially own these securities.
- The acquisition and holding of these securities are stated to be in the ordinary course of business and not for the purpose of changing or influencing the control of Momentus Inc.
Sentiment
Score: 5
Explanation: The document is a factual disclosure of beneficial ownership and does not contain information that would indicate a positive or negative sentiment regarding the company's performance or prospects.
Future Outlook
This document does not contain any forward-looking statements or guidance regarding Momentus Inc.'s future outlook.
Industry Context
This filing is a standard disclosure of beneficial ownership by an investment firm in a publicly traded company. It does not provide specific insights into broader industry trends or competitive landscape, but rather details an investment position in a company operating in the space infrastructure sector.
Stakeholder Impact
- Shareholders: Provides transparency regarding significant ownership stakes by institutional investors, which can influence market perception and liquidity.
Key Dates
| Date | Description |
|---|---|
| 12/31/2024 | Date of event which requires filing of this statement (reporting period end date) |
| 02/14/2025 | Date of filing of the Schedule 13G Amendment No. 2 |
Keywords
Momentus Inc., Armistice Capital, Steven Boyd, Class A common stock, Beneficial ownership, SEC filing, Schedule 13G, Investment management, Space industry
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