Momentus Inc. (MNTS) - Dilution Analysis
Visualizing historical and potential share dilution over time
Dilution Analysis
Risk Assessment Details
Summary
MNTS currently has 9.99M outstanding shares. with minimal authorized share overhang for future dilution. The company has significantly diluted shareholders by 671.63% over the past 2 years, indicating aggressive capital raising. Recent corporate actions include 2 stock splits (positive for accessibility) and 2 reverse splits (concerning signal).
Share Structure Timeline
Historical Data Points
| Date | Event | Outstanding | Supply |
|---|---|---|---|
| Jun 01, 2026 |
S-3/A filing: This filing registers $200 million of various securities including common stock, preferred stock, debt, warrants, or units for company issuance, and 3,089,100 shares of common stock for resale by selling stockholders. |
10M | 0 |
| May 29, 2026 |
8-K filing: Momentus Inc. completed a private placement of 2,173,420 shares of common stock and pre-funded warrants to purchase 768,580 shares for aggregate gross proceeds of $25 million. ($25.0M proceeds) |
10M | 22M |
| May 26, 2026 |
S-3 filing: The company is registering to offer and sell up to $200,000,000 in a combination of common stock, preferred stock, debt securities, warrants, or units. |
10M | 22M |
| May 13, 2026 |
10-Q filing | 10.0M shares outstanding |
10M | 0 |
| Apr 16, 2026 |
8-K filing: Momentus Inc. completed a private placement of 450,000 shares of Class A common stock at $3.75 per share and pre-funded warrants to purchase up to 883,334 shares of common stock, resulting in gross proceeds of approximately $5 million. ($1.69M proceeds) |
5.7M | 0 |
| Mar 31, 2026 |
10-K filing | 5.7M shares outstanding |
5.7M | 0 |
| Jan 09, 2026 |
8-K filing: Momentus Inc. completed a private placement on January 6, 2026, issuing pre-funded warrants and Class A warrants to an investor, generating gross proceeds of approximately $5 million. ($10.0M proceeds) |
1.4M | 3.9M |
| Dec 19, 2025 |
S-1 filing: This S-1 filing registers for resale up to 1,214,835 shares of Class A common stock by selling stockholders, consisting of shares issuable upon conversion of a convertible note and exercise of warrants, with the company not receiving any proceeds from the sale. |
1.4M | 3.9M |
| Dec 17, 2025 |
Stock Split
8-K filing: Stock split 1-for-17.85 | Outstanding: 11,634,365 → 1,397,179 |
1.4M | 2.7M |
| Dec 12, 2025 |
8-K filing: Momentus Inc. entered into a warrant inducement agreement with a holder of existing warrants to purchase 4,862,058 shares of common stock at $0.77 per share, resulting in gross proceeds of approximately $3.74 million for the Company. ($3.74M proceeds) |
12M | 62M |
| Oct 24, 2025 |
S-1 filing: This S-1 filing relates to the offer and sale from time-to-time of up to 43,989,290 shares of Class A common stock by the Selling Stockholders. |
12M | 62M |
| Oct 15, 2025 |
8-K filing: Momentus Inc. entered into a warrant inducement agreement with a holder to exercise existing warrants for cash and issue new inducement warrants, resulting in gross proceeds of approximately $7 million for the company. ($7.0M proceeds) |
12M | 18M |
| Oct 06, 2025 |
8-K filing: Momentus Inc. settled a debt of $1,122,171 with Baker & McKenzie LLP by paying $50,000 in cash and issuing 580,594 shares of Class A common stock and warrants to purchase 342,895 shares of Class A common stock. ($1.07M proceeds) |
12M | 18M |
| Aug 19, 2025 |
10-Q filing | 11.6M shares outstanding |
12M | 18M |
| Aug 14, 2025 |
8-K filing: Momentus Inc. entered into a warrant inducement agreement with a holder to exercise existing warrants for 2,431,029 shares of common stock at $1.11 per share, resulting in gross proceeds of approximately $2.7 million for the company, and issued new warrants to purchase up to 4,862,058 shares of common stock. ($2.7M proceeds) |
6.3M | 23M |
| Jul 02, 2025 |
8-K filing: Momentus Inc. consummated a public offering of 680,000 shares of Class A common stock, pre-funded warrants to purchase up to 2,156,880 shares of common stock, and warrants to purchase up to 2,836,880 shares of common stock, with gross proceeds of approximately $4 million. ($0.0M proceeds) |
6.3M | 23M |
| Jun 23, 2025 |
S-1/A filing: The filing is an S-1/A amendment for a securities purchase agreement involving the issuance and sale of Common Stock, Common Warrants, and Pre-Funded Warrants. A.G.P./Alliance Global Partners is acting as placement agent. |
6.3M | 23M |
| Jun 20, 2025 |
8-K filing: Momentus Inc. entered into an amendment to a Loan Agreement with J.J. Astor & Co., issuing a junior secured convertible note for $1,012,500 and a warrant to purchase up to 476,470 shares of Class A common stock. The company also agreed to issue a new convertible note to A.G.P./Alliance Global Partners in the principal amount of $500,000. |
6.3M | 23M |
| Jun 18, 2025 |
S-1 filing: Momentus Inc. is offering up to 3,875,968 shares of its Class A common stock, pre-funded warrants to purchase shares of common stock, and warrants to purchase shares of common stock, with the offering expected to terminate on July 16, 2025. |
6.3M | 23M |
| Jun 18, 2025 |
S-1/A filing: This S-1/A filing relates to the offer and sale of up to 2,144,116 shares of Class A common stock by selling stockholders, which may be issued pursuant to a loan agreement. |
5.5M | 24M |
| Jun 11, 2025 |
S-1 filing: This S-1 filing relates to the offer and sale of up to 8,169,940 shares of Class A common stock by selling stockholders. |
5.5M | 14M |
| Jun 05, 2025 |
8-K filing: Momentus Inc. entered into a Loan Agreement with J.J. Astor & Co. for up to $1.5 million, with the option to pay weekly installments with shares of Class A common stock at a conversion price of $1.70, and issued warrants to purchase up to 476,470 shares of Common Stock with an exercise price of $1.70 per share. |
5.5M | 6M |
| Jun 02, 2025 |
S-1 filing: This S-1 filing relates to the offer and sale of up to 4,288,232 shares of Class A common stock by selling stockholders, which may be issued pursuant to a loan agreement between Momentus Inc. and J.J. Astor & Co. |
5.5M | 6M |
| May 19, 2025 |
8-K filing: Momentus Inc. authorized offering SIV a reduced conversion price of $1.77 per share with respect to 112,576 shares of Momentus Class A common stock under the July 2024 Note, and thereafter with respect to up to 275,000 shares of Common Stock under the October 2024 Note during the period beginning on May 19, 2025 and continuing until June 1, 2025. |
5.5M | 1.8M |
| May 15, 2025 |
10-Q filing | 5.5M shares outstanding |
5.5M | 1.8M |
| Apr 22, 2025 |
S-1 filing: This S-1 filing registers up to 2,142,858 shares of Class A common stock for resale by selling stockholders upon exercise of warrants issued on March 21, 2025; the company will not receive any proceeds from the sale of these shares. |
4.8M | 2.5M |
| Apr 15, 2025 |
8-K filing: Momentus Inc. issued 477,455 shares of Class A common stock and 673,408 shares of non-voting Series A Convertible Preferred Stock to Velo3D, Inc. in exchange for services related to the design and production of components and systems for the Company's spacecraft. |
4.8M | 380K |
| Apr 14, 2025 |
8-K filing: Momentus Inc. issued 477,455 shares of Class A common stock and 673,408 shares of non-voting Series A Convertible Preferred Stock to Velo3D, Inc. in exchange for services under a master services agreement. |
4.8M | 380K |
| Apr 01, 2025 |
10-K filing | 4.8M shares outstanding |
4.8M | 380K |
| Mar 27, 2025 |
8-K filing: Momentus Inc. completed an inducement agreement on March 21, 2025, where a holder exercised existing warrants to purchase 1,071,429 shares of common stock at $1.93 per share, and the company issued new inducement warrants to purchase up to 2,142,858 shares of common stock. ($2.07M proceeds) |
2.8M | 2.4M |
| Mar 21, 2025 |
8-K filing: Momentus Inc. entered into a warrant inducement agreement with a holder of existing warrants to purchase shares of Class A common stock, with the holder agreeing to exercise warrants to purchase 1,071,429 shares at $1.93 per share, resulting in gross proceeds of approximately $2.07 million for the company. ($2.07M proceeds) |
2.8M | 2.4M |
| Feb 13, 2025 |
8-K filing: Momentus Inc. consummated a public offering of shares of Class A common stock, pre-funded warrants, and common stock purchase warrants, receiving gross proceeds of approximately $5 million. |
2.8M | 2.4M |
| Jan 29, 2025 |
S-1/A filing: Momentus Inc. is offering up to 1,500,000 shares of Class A common stock at an assumed public offering price of $6.67 per share, with accompanying warrants to purchase up to 1,500,000 shares of the Common Stock, and also offering pre-funded warrants to purchase up to 1,500,000 shares of Common Stock. |
2.8M | 6.9M |
| Jan 21, 2025 |
S-1 filing: Momentus Inc. is offering up to 1,500,000 shares of its Class A common stock, pre-funded warrants to purchase up to 1,500,000 shares of common stock, warrants to purchase up to 1,500,000 shares of common stock, and placement agent warrants to purchase up to 75,000 shares of common stock. |
2.8M | 6.9M |
| Dec 26, 2024 |
S-1/A filing: This Prospectus relates to the offer and sale from time-to-time of up to 1,217,593 shares of Class A common stock by the Selling Stockholders. |
2.2M | 3M |
| Dec 18, 2024 |
8-K filing: Momentus Inc. consummated a public offering of 230,000 shares of Class A common stock and 570,000 pre-funded warrants, along with 800,000 common stock purchase warrants, for gross proceeds of approximately $5.0 million. |
2.2M | 2.9M |
| Dec 16, 2024 |
8-K filing: Momentus Inc. entered into a Loan Agreement with J.J. Astor & Co. for $2.0 million, which, upon an event of default, is convertible into shares of Momentus Class A Common Stock, and issued warrants to the Lender to purchase shares of Common Stock. |
2.2M | 2.9M |
| Dec 12, 2024 |
Stock Split
8-K filing: Stock split 1-for-14 | Outstanding: 30,559,398 → 2,182,814 |
2.2M | 2.9M |
| Dec 11, 2024 |
S-1 filing: The filing relates to the offer and sale from time to time of up to 15,414,414 shares of Class A common stock by the Selling Stockholder, consisting of shares issuable upon conversion of secured convertible promissory notes and exercise of certain warrants. |
31M | 40M |
| Dec 10, 2024 |
S-1/A filing: Momentus Inc. is offering shares of its Class A common stock, warrants to purchase shares of common stock, and pre-funded warrants to purchase shares of common stock on a best efforts basis. |
31M | 25M |
| Dec 05, 2024 |
8-K filing: Momentus Inc. amended convertible note agreements with Space Infrastructures Ventures, LLC, issued warrants to purchase approximately 1.9 million shares of Common Stock, and approved a 1-for-14 reverse stock split to satisfy Nasdaq's minimum bid price requirement, resulting in approximately 2,182,814 shares outstanding post-split. |
31M | 21M |
| Dec 02, 2024 |
S-1 filing: Momentus Inc. is offering shares of its Class A common stock, pre-funded warrants to purchase shares of Common Stock, warrants to purchase shares of the Common Stock, and shares of Common Stock issuable upon exercise of Pre-Funded Warrants, Warrants and Placement Agent. |
31M | 21M |
| Nov 14, 2024 |
10-Q filing | 25.5M shares outstanding |
26M | 26M |
| Nov 01, 2024 |
S-1/A filing: This is an offering of up to 25,500,000 shares of Class A common stock by selling stockholders upon exercise of warrants. |
26M | 26M |
| Oct 28, 2024 |
8-K filing: Momentus Inc. entered into a secured convertible promissory note with Space Infrastructures Ventures, LLC, potentially borrowing up to $3.0 million, and issued warrants to purchase common stock to SIV and another unrelated investor. |
26M | 16M |
| Oct 18, 2024 |
S-1 filing: This S-1 filing registers the resale of common stock issuable upon exercise of warrants held by selling stockholders. |
26M | 16M |
| Oct 15, 2024 |
10-Q filing | 25.5M shares outstanding |
26M | 0 |
| Oct 15, 2024 |
10-Q filing | 25.5M shares outstanding |
26M | 0 |
| Sep 16, 2024 |
8-K filing: Momentus Inc. entered into a Securities Purchase Agreement for a private placement, issuing 5,000,000 shares of Class A common stock (or pre-funded warrants), Class A warrants to purchase 10,000,000 shares of Class A Stock, and Class B warrants to purchase 5,000,000 shares of Class A Stock, with expected gross proceeds of approximately $2.75 million. ($2.75M proceeds) |
17M | 0 |
| Jun 06, 2024 |
10-K filing | 16.6M shares outstanding |
17M | 0 |
| Mar 07, 2024 |
8-K filing: Momentus Inc. entered into a Securities Purchase Agreement for a registered direct offering of Class A common stock and warrants, expecting gross proceeds of approximately $4.0 million. ($1.43M proceeds) |
6.6M | 0 |
| Jan 16, 2024 |
8-K filing: Momentus Inc. entered into a Securities Purchase Agreement for a registered direct offering involving Class A common stock, pre-funded warrants, and warrants, expected to close on or about January 17, 2024, with gross proceeds of approximately $4.0 million. ($0.0M proceeds) |
6.6M | 0 |
| Nov 14, 2023 |
10-Q filing | 6.6M shares outstanding |
6.6M | 0 |
| Nov 09, 2023 |
8-K filing: Momentus Inc. closed a transaction on November 9, 2023, involving the issuance of new warrants to purchase up to 5,808,538 shares of the company's Class A common stock to an institutional investor, in consideration for the exercise of certain existing warrants. |
2M | 0 |
| Nov 07, 2023 |
8-K filing: Momentus Inc. entered into a warrant inducement agreement with a holder to exercise existing warrants to purchase 2,904,269 shares of common stock at $2.00 per share plus $0.25 per share, resulting in gross proceeds of approximately $6.5 million, and the company will issue new warrants to purchase up to 5,808,538 shares of common stock. ($6.53M proceeds) |
2M | 0 |
| Oct 03, 2023 |
8-K filing: Momentus Inc. entered into a Securities Purchase Agreement with an investor for the purchase and sale of 290,000 shares of Class A common stock at $2.00 per share, pre-funded warrants to purchase 1,710,000 shares of Class A Stock at $2.00 per Pre-Funded Warrant less the exercise price, and warrants to purchase 2,000,000 shares of Class A Stock, with an expected closing on or about October 4, 2023. ($4.0M proceeds) |
2M | 0 |
| Sep 07, 2023 |
8-K filing: Momentus Inc. entered into a Securities Purchase Agreement for a registered offering involving the sale of Class A common stock, pre-funded warrants, and warrants, expecting gross proceeds of approximately $5.0 million. |
2M | 0 |
| Aug 23, 2023 |
Stock Split
8-K filing: Stock split 1-for-50 | Outstanding: 95,978,588 → 1,957,307 |
2M | 0 |
| Aug 21, 2023 |
8-K filing: Momentus Inc. granted 199,000 restricted stock units to 4 new employees under the 2022 Inducement Equity Plan on August 21, 2023, as a material inducement for employment. |
96M | 0 |
| Aug 14, 2023 |
10-Q filing | 96.0M shares outstanding |
96M | 0 |
| May 12, 2023 |
10-Q filing | 87.6M shares outstanding |
88M | 0 |
| Mar 31, 2023 |
8-K filing: This 8-K filing from March 31, 2023, discusses ongoing legal proceedings involving Momentus Inc., including putative class actions, the Khasis Litigation, and the SAFE Note Litigation, with no mention of equity transactions or stock splits. |
94M | 0 |
| Mar 08, 2023 |
10-K filing | 94.1M shares outstanding |
94M | 0 |
| Feb 23, 2023 |
8-K filing: Momentus Inc. entered into a Securities Purchase Agreement to issue and sell shares of Class A common stock, pre-funded warrants, and warrants in a registered offering, expecting to receive approximately $10 million in gross proceeds. ($10.0M proceeds) |
82M | 0 |
| Nov 09, 2022 |
10-Q filing | 82.1M shares outstanding |
82M | 0 |
| Sep 12, 2022 |
POS AM filing: This POS AM filing relates to the issuance of Class A Stock upon exercise of warrants and rollover options and resale of Class A Stock and warrants by selling securityholders. |
84M | 0 |
| Sep 01, 2022 |
S-3 filing: This is an S-3 filing for a shelf offering, with the net proceeds from the sale of securities to be used for general corporate purposes, including potential business acquisitions. |
81M | 0 |
| Aug 22, 2022 |
8-K filing: On August 22, 2022, Momentus Inc. granted 1,269,645 restricted stock units to 30 new employees under the 2022 Inducement Equity Plan. |
81M | 0 |
| Aug 11, 2022 |
10-Q filing | 81.3M shares outstanding |
81M | 0 |
| May 23, 2022 |
8-K filing: On May 23, 2022, Momentus Inc. announced the grant of 1,129,064 restricted stock units to 20 new employees on May 20, 2022, under the 2022 Inducement Equity Plan as a material inducement for employment. |
80M | 0 |
| May 11, 2022 |
10-Q filing | 80.0M shares outstanding |
80M | 0 |
| Mar 23, 2022 |
8-K filing: On March 21, 2022, Momentus Inc. granted an aggregate of 704,444 restricted stock units to 14 new employees under the Momentus Inc. 2022 Inducement Equity Plan as a material inducement to their employment. |
81M | 0 |
| Mar 09, 2022 |
10-K filing | 81.2M shares outstanding |
81M | 0 |
| Nov 10, 2021 |
10-Q filing | 80.6M shares outstanding |
81M | 0 |
| Sep 03, 2021 |
S-1 filing: This S-1 filing discusses the determination of the offering price for Class A Stock underlying warrants, referencing an exercise price of $11.50 per share. It also mentions the listing of Class A Stock and Public Warrants on the Nasdaq Global Select Market under the symbols 'MNTS' and 'MNTSW,' respectively, and the company's dividend policy of not anticipating any cash dividends in the foreseeable future. |
18M | 0 |
| Aug 11, 2021 |
10-Q filing | 17.8M shares outstanding |
18M | 0 |
| Aug 06, 2021 |
8-K filing: This 8-K filing supplement discusses changes related to the proposed business combination between Stable Road Acquisition Corp. and Momentus Inc., including executive appointments, compensation adjustments, and updates to the 2021 Equity Incentive Plan. |
18M | 0 |
| Jul 16, 2021 |
8-K filing: Stable Road Acquisition Corp. entered into amended or new subscription agreements with certain investors, where the investors agreed to purchase an aggregate of 11,000,000 shares of Stable Road Class A common stock at a price of $10.00 per share, representing aggregate gross proceeds of $110.0 million. ($110.0M proceeds) |
18M | 0 |
| Jun 10, 2021 |
10-Q filing | 17.8M shares outstanding |
18M | 0 |
| Mar 08, 2021 |
10-K filing | 17.8M shares outstanding |
18M | 0 |
| Nov 16, 2020 |
10-Q filing | 17.8M shares outstanding |
18M | 0 |
| Oct 07, 2020 |
8-K filing: Stable Road Acquisition Corp. entered into a merger agreement with Momentus Inc. and also entered into Subscription Agreements for a private placement of 17,500,000 shares of Parent Class A Common Stock at $10.00 per share. ($175.0M proceeds) |
1.6M | 0 |
| Aug 11, 2020 |
10-Q filing | 1.6M shares outstanding |
1.6M | 0 |
| May 11, 2020 |
10-Q filing | 1.6M shares outstanding |
1.6M | 0 |
| Mar 26, 2020 |
10-K filing | 1.6M shares outstanding |
1.6M | 0 |