Stable Road Acquisition Corp. (SRAC) Re-Strikes Deal with Momentus

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Stable Road Acquisition Corp. (SRAC) Re-Strikes Deal with Momentus

Jun 29, 2021 INTEL by Kristi Marvin

Stable Road Acquisition Corp. (NASDAQ:SRAC) filed an 8-K this afternoon announcing that it had amended its merger agreement with commercial space company Momentus, including a very big cut to valuation. The amendment included a revision to their Outside Date, moving it from June 7, 2021 to August 13, 2021, but the real headline grabber is
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