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Momentus Stock Plunges After Company Announces Reverse Stock Split

Momentus Inc. (NASDAQ:MNTS) shares are trading lower Monday after the company announced a 1-for-17.85 reverse stock split.

What To Know: Momentus said it has effectuated a 1-for-17.85 reverse stock split of its Class A common stock, which will become effective on Dec. 17, 2025 after the market close. The stock will begin trading on a split-adjusted basis at the open on Dec. 18, 2025, while continuing to trade on the Nasdaq Global Select Market under the symbol "MNTS."

As a result of the reverse stock split, every 17.85 shares of common stock issued and outstanding will be automatically combined into one share. The move will reduce the number of outstanding shares from approximately 25 million to about 1.4 million, with stockholders' ownership percentages remaining unchanged, aside from adjustments related to fractional shares.

Momentus said no fractional shares will be issued, as any fractional shares resulting from the reverse stock split will be rounded up to the nearest whole share. The company added that its public warrants trading under the symbol "MNTSW," as well as outstanding equity-based awards and benefit plan shares or share units, will be proportionately adjusted.

The reverse stock split was approved by stockholders at a special meeting held on Sept. 17, 2025. Momentus said the action is intended to help the company maintain compliance with the Nasdaq's $1.00 minimum bid price requirement and make the bid price more attractive to a broader group of institutional and retail investors.

See Also: ‘I’m 53 Years Old, Have Absolutely Nothing For Retirement, I’m $50K in Debt And I Want a Divorce’ — Dave Ramsey Tells Truck Driver Stop Playing Victim

MNTS Price Action: At the time of writing, Momentus shares are trading 47.12% lower at 45 cents, according to data from Benzinga Pro.

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