SEC Contract Filing

Filing Date: 2023-11-07

Document Content:
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<TYPE>EX-10.1
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<FILENAME>ny20014110x1_ex10-1.htm
<DESCRIPTION>EXHIBIT 10.1
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 <div style="text-align: right; font-family: 'Times New Roman',Times,serif; font-size: 10pt; font-weight: bold;"> Exhibit 10.1<br>
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 <div style="text-align: center; font-family: 'Times New Roman', Times, serif; font-size: 10pt; font-weight: bold;">MOMENTUS INC.</div>
 <div style="text-align: center; font-family: 'Times New Roman', Times, serif; font-size: 10pt;">3901 N. First Street</div>
 <div style="text-align: center; font-family: 'Times New Roman', Times, serif; font-size: 10pt;">San Jose, California 95134</div>
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 <div style="text-align: justify; font-family: 'Times New Roman', Times, serif; font-size: 10pt;">November 6, 2023</div>
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 <div style="text-align: justify; font-family: 'Times New Roman', Times, serif; font-size: 10pt;">To the Holder of Warrants to Purchase Shares of Class A Common Stock of Momentus Inc. Issued on October 4, 2023, September 11, 2023 and February 27, 2023</div>
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 <div style="text-align: justify; font-family: 'Times New Roman', Times, serif; font-size: 10pt;">Re:</div>
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 <div style="text-align: justify; font-family: 'Times New Roman', Times, serif; font-size: 10pt;"><u>Inducement Offer to Exercise Existing Common Stock Purchase Warrants</u></div>
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 <div style="text-align: justify; font-family: 'Times New Roman', Times, serif; font-size: 10pt;">Dear Holder:</div>
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 <div style="text-align: justify; text-indent: 36pt; font-family: 'Times New Roman', Times, serif; font-size: 10pt;">Momentus Inc. (the &#8220;<font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;"><u>Company</u></font>&#8221;) is pleased to
 offer (this &#8220;<font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;"><u>Inducement Offer</u></font>&#8221;) to you (&#8220;<font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;"><u>Holder</u></font>&#8221;, &#8220;<font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;"><u>you</u></font>&#8221; or similar terminology) the opportunity to receive new warrants (the &#8220;<font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;"><u>New
 Warrants</u></font>&#8221;) to purchase up to 5,808,538 shares (the &#8220;<font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;"><u>New Warrant Shares</u></font>&#8221;) of the Company&#8217;s Class A common stock, par value $0.00001 per share
 (the &#8220;<font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;"><u>Class A Common Stock</u></font>&#8221;), which is equal to <font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif; font-weight: bold;">200%</font> of
 the number of shares of Class A Common Stock issuable upon exercise of certain outstanding warrants to purchase up to&#160; an aggregate of 2,904,269 shares of Class A Common Stock, currently held by you and consisting of: (i) 2,000,000 shares of Class A
 Common Stock issuable upon exercise of warrants issued to you on October 4, 2023, (ii) 672,948 shares of Class A Common Stock issuable upon exercise of Series A warrants issued to you on September 11, 2023, and (iii) 231,321 shares of Class A Common
 Stock issuable upon exercise of warrants issued to you on February 27, 2023 (collectively, the &#8220;<font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;"><u>Existing Warrants</u></font>&#8221;), as more particularly set forth on the
 signature page hereto, in consideration for exercising for cash any or all such Existing Warrants. The issuance, or resale, of the shares of Class A Common Stock underlying the Existing Warrants have been registered pursuant to the Company&#8217;s
 effective shelf registration statement on Form S-3 (File No. 333-267230) and the respective (A) prospectus supplement, dated October 2, 2023, filed pursuant to Rule 424(b) under the Securities Act of 1933, as amended (the &#8220;<font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;"><u>Securities Act</u></font>&#8221;), on October 4, 2023, (B) prospectus supplement, dated September 7, 2023, filed pursuant to Rule 424(b) under the Securities Act on September 8, 2023, and (C)
 prospectus supplement, dated February 23, 2023, filed pursuant to Rule 424(b) under the Securities Act on February 23, 2023. The shares of Class A Common Stock underlying the Existing Warrants are referred to herein as the &#8220;<font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;"><u>Warrant Shares</u></font>&#8221; and the effective registration statement on Form S-3 referenced in the foregoing sentence is referred to herein as the &#8220;<font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;"><u>Registration Statement</u></font>.&#8221; The Registration Statement is currently effective and, upon exercise of the Existing Warrants pursuant to this letter agreement, will be effective for the issuance or resale
 of the Warrant Shares,