Momentus Inc.

liquidatedU=S+W/2W=S@11.50
SRACSEC EDGARCIK: 0001781162|SRC-NI Holdings, LLC

Capital Structure & Economics

Trust Size$150,000,000
Unit Price$1.41
Warrant Coverage1/2
Sponsor Promote20%

Implied Equity Architecture

Capital Allocation Baseline

Trust (100.0%)

Implied Dilution Drag

50% Warrant Inclusion
Public Trust Allocation$150,000,000
Sponsor At-Risk CapitalN/A
Total Underwriting DiscountN/A
Trust Per Unit (Implied)$1.41
Sponsor Promote Allocation20%
Deal Lifecycle
IPO PricedSep 27, 2019
SearchingTarget Pending
Maturation Wall
May 13, 2021

Announced Target / M&A

  • Target CompanyMomentus Inc.
  • Announced Deal Size$566,600,000

Board & Officers

  • Lon EnslerCEO
  • Brian KabotOfficer
  • James NorrisOfficer
  • Juan Manuel QuirogaOfficer

Syndicate & Advisors

Interactive Deal Modeling

Base financial constraints (Trust Size, Warrants, Promote) are pre-loaded into the calculation engines. Proceed to model implied dilution and advisory friction limits.

Dilution Cash Friction