Momentus Regains Compliance with Nasdaq Minimum Bid Price
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SAN JOSE, Calif. ~ Momentus Inc., a U.S. commercial space company offering satellite buses, transportation, and other in-space infrastructure services, has been notified by the Listing Qualifications staff of The Nasdaq Stock Market LLC that it has regained compliance with the minimum bid price requirement set forth in Nasdaq Listing Rule 5450(a)(1). The Company's common shares had to maintain a minimum closing bid price of $1.00 or more for at least 10 consecutive business days, which was achieved on September 7, 2023. Momentus provides commercial satellite buses and in-space infrastructure services such as in-space transportation, hosted payloads, and other in-orbit services. With this notification, the listing matter has been closed.

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