Momentus SPAC Presentation Deck
TRANSACTION OVERVIEW
MOMENTUS TEAM
Mikhail Kokorich
Founder & CEO
Dawn Harms
Chief Revenue Officer
989
Rob Schwarz
Chief Technology Officer
STABLE ROAD
CAPITAL
Brian Kabot
Chairman & CEO
Fred Kennedy
President
TEAM
Jikun Kim
Chief Financial Officer
Alex Wicks
Chief Development Officer
Juan M. Quiroga
Chief Investment Officer
OFFERING
SIZE
VALUATION
CAPITAL
STRUCTURE
OWNERSHIP
TRANSACTION HIGHLIGHTS
Stable Road (NASDAQ: SRAC) is a publicly listed special purpose
acquisition company with ~$173M cash held in trust
▪ Raised $175M in PIPE commitments, including $10 million from Stable
Road, before transaction announcement
▪ PF enterprise value of $1.2B with well capitalized balance sheet
▪ Implies an attractive valuation versus peer averages (~80% discount to
relative value)
▪ Post-transaction, Momentus will have ~$310M in cash to enhance
operations, growth and path to profitability
▪ No additional capital needs expected prior to achieving profitability
▪ ~75% existing Momentus shareholders, ~14% SPAC and founder shares,
~12% PIPE investors
STABLE ROAD VIEWS MOMENTUS AS A UNIQUE AND COMPELLING OPPORTUNITY
TO INVEST IN THE ONLY PUBLICLY-TRADED, PURE-PLAY COMMERCIAL SPACE
COMPANY CAPABLE OF REVOLUTIONIZING SPACE INFRASTRUCTURE AND THE
BROADER SPACE ECONOMY
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Note: Assumes no redemptions from SPAC investors.
1. For additional details on transaction valuation, please refer to page 35View entire presentation