Momentus shares surge premarket ahead of $200 million filing
Momentus Inc. traded at $19.77 in pre-market trading at 6:00 a.m. ET Wednesday, up 27.7% from Tuesday’s close. The company filed a $200 million shelf registration Tuesday, allowing it to sell securities in the future. Director Chris Hadfield bought 2,000 shares last week at $7.19 each. Momentus reported $3.2 million in Q1 service revenue and a $9.48 million net loss.