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Investors drop out of Momentus SPAC deal

Investors drop out of Momentus SPAC deal

Source: SpaceNews
Date Published: 07/19/2021

Investors accounting for more than half the money in a funding round concurrent with in-space transportation company Momentus’s merger with a special-purpose acquisition company (SPAC) dropped out of the deal when given the opportunity by a settlement with the Securities and Exchange Commission.

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