Web30 jun. 2024 · In connection with the proposed transaction contemplated by the merger agreement between Stable Road and Momentus (the “Proposed Transaction”), Stable … Web14 jul. 2024 · The SEC announced charges on Tuesday against parties involved in a SPAC deal to take a space-flight company public. A $1.2 billion SPAC deal sought to merge with Momentus, a private start-up...
SEC charges SPAC and merger target Momentus over false claims
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Space-transport SPAC Momentus hit with $8 million SEC fine after ...
WebWithout admitting or denying the SEC’s findings, Momentus, Stable Road, Kabot, and SRC-NI consented to an order requiring them to cease from future violations. Momentus, Stable Road, and Kabot will pay civil penalties of $7 million, $1 million, and $40,000, respectively. Inadequate due diligence hit SPAC Momentus $8 million SEC fine. Web27 jul. 2024 · The SEC charged Momentus — a space infrastructure company — and Kokorich with alleged violations of the antifraud provisions of the securities laws for … Web13 jul. 2024 · Momentus and Kokorich also concealed that the U.S. government had national security concerns about Kokorich, according to the SEC’s order. Specifically, investors lacked material information about how his affiliation with Momentus could impede the company’s launch schedule and its revenue projections, the regulator said. reddit best teeth whitening kit