{"id":750622,"date":"2023-04-24T20:38:04","date_gmt":"2023-04-25T00:38:04","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/momentus-grants-inducement-award-to-new-employee\/"},"modified":"2023-04-24T20:38:04","modified_gmt":"2023-04-25T00:38:04","slug":"momentus-grants-inducement-award-to-new-employee","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/momentus-grants-inducement-award-to-new-employee\/","title":{"rendered":"Momentus Grants Inducement Award to New Employee"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>Momentus Grants Inducement Award to New Employee<\/b><\/p>\n<p>SAN JOSE, Calif.&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nMomentus Inc. (NASDAQ: MNTS) (&#8220;Momentus&#8221; or the &#8220;Company&#8221;), a U.S. commercial space company that offers orbital transportation and in-space infrastructure services, today announced the granting of an inducement award to one new employee.<\/p>\n<p>\nIn connection with the commencement of their employment, the employee received 950,251 restricted stock units (RSUs) on April 20, 2023, with a total value of approximately $470,279 based on a price of $0.49, the closing trading price on the Nasdaq Global Select Market on the date of grant.<\/p>\n<p>\nThe RSUs have a four-year annual vesting schedule, subject to the relevant employee&#8217;s continued service with Momentus on the applicable vesting date.<\/p>\n<p><b>About Momentus Inc.<\/b><\/p>\n<p>\nMomentus is a U.S. commercial space company that offers in-space infrastructure services, including in-space transportation, hosted payloads and in-orbit services. Momentus believes it can make new ways of operating in space possible with its planned in-space transfer and service vehicles that will be powered by an innovative water plasma-based propulsion system.<\/p>\n<p><b>Forward-Looking Statements<\/b><\/p>\n<p>\nThis press release contains certain statements which may constitute \u201cforward-looking statements\u201d for purposes of the federal securities laws. Forward-looking statements include, but are not limited to, statements regarding Momentus or its management team\u2019s 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\u2019 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 \u201cRisk Factors\u201d in the Annual Report on Form 10-K filed by the Company on March 7, 2023, as such factors may be updated from time to time in our other filings with the Securities and Exchange Commission (the &#8220;SEC&#8221;), accessible on the SEC\u2019s website at <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.sec.gov&amp;esheet=53386946&amp;newsitemid=20230424005980&amp;lan=en-US&amp;anchor=www.sec.gov&amp;index=1&amp;md5=ba3c99662692c7efd1676b0799513f04\">www.sec.gov<\/a> and the Investor Relations section of our website at <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Finvestors.momentus.space&amp;esheet=53386946&amp;newsitemid=20230424005980&amp;lan=en-US&amp;anchor=investors.momentus.space&amp;index=2&amp;md5=c393cf4280d888148d7ed39f0ecd21cc\">investors.momentus.space<\/a>. 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.<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20230424005980r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20230424005980\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20230424005980\/en\/<\/a><\/span><\/p>\n<p>\nInvestors: <a rel=\"nofollow\" href=\"mailto:investors@momentus.space\">investors@momentus.space<br \/>\n<\/a><br \/>Media: <a rel=\"nofollow\" href=\"mailto:press@momentus.space\">press@momentus.space<\/a><\/p>\n<p><b>KEYWORDS:<\/b> California United States North America<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Electronic Design Automation Engineering Satellite Technology Aerospace Manufacturing Hardware<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20230424005980\/en\/1773079\/3\/Black_Stacked_Logo.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Momentus Grants Inducement Award to New Employee SAN JOSE, Calif.&#8211;(BUSINESS WIRE)&#8211; Momentus Inc. (NASDAQ: MNTS) (&#8220;Momentus&#8221; or the &#8220;Company&#8221;), a U.S. commercial space company that offers orbital transportation and in-space infrastructure services, today announced the granting of an inducement award to one new employee. In connection with the commencement of their employment, the employee received 950,251 restricted stock units (RSUs) on April 20, 2023, with a total value of approximately $470,279 based on a price of $0.49, the closing trading price on the Nasdaq Global Select Market on the date of grant. The RSUs have a four-year annual vesting schedule, subject to the relevant employee&#8217;s continued service with Momentus on the applicable vesting date. About Momentus Inc. Momentus is a &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/momentus-grants-inducement-award-to-new-employee\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Momentus Grants Inducement Award to New Employee&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-750622","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Momentus Grants Inducement Award to New Employee - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/momentus-grants-inducement-award-to-new-employee\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Momentus Grants Inducement Award to New Employee - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Momentus Grants Inducement Award to New Employee SAN JOSE, Calif.&#8211;(BUSINESS WIRE)&#8211; Momentus Inc. (NASDAQ: MNTS) (&#8220;Momentus&#8221; or the &#8220;Company&#8221;), a U.S. commercial space company that offers orbital transportation and in-space infrastructure services, today announced the granting of an inducement award to one new employee. In connection with the commencement of their employment, the employee received 950,251 restricted stock units (RSUs) on April 20, 2023, with a total value of approximately $470,279 based on a price of $0.49, the closing trading price on the Nasdaq Global Select Market on the date of grant. The RSUs have a four-year annual vesting schedule, subject to the relevant employee&#8217;s continued service with Momentus on the applicable vesting date. About Momentus Inc. 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(NASDAQ: MNTS) (&#8220;Momentus&#8221; or the &#8220;Company&#8221;), a U.S. commercial space company that offers orbital transportation and in-space infrastructure services, today announced the granting of an inducement award to one new employee. In connection with the commencement of their employment, the employee received 950,251 restricted stock units (RSUs) on April 20, 2023, with a total value of approximately $470,279 based on a price of $0.49, the closing trading price on the Nasdaq Global Select Market on the date of grant. The RSUs have a four-year annual vesting schedule, subject to the relevant employee&#8217;s continued service with Momentus on the applicable vesting date. About Momentus Inc. 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