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Stable Road Acquisition (NASDAQ:MNTS – Get Rating) will be announcing its earnings results after the market closes on Tuesday, March 8th. Investors interested in registering for the company’s conference call can do so using this link. MNTS opened at $2.20 on Friday. The business has a fifty day simple moving average of $3.43 and a […]
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Stable Road Acquisition Corp. (SRAC) Investigation: The investigation focuses on Stable Road's misrepresentations about the technology and national security risks posed by Momentus, a privately held space company that aspires to provide space infrastructure services. More specifically, on July 13, 2021 the SEC sued Stable Road, its CEO (Brian Kabot), Momentus, and its former CEO (Mikhail Kokorich) for making materially false statements and omissions and otherwise engaging in other deceptive conduct, all designed to mislea...
The improved SPAC narrative continues with June's deal votes going smoothly, CCIV getting a vote date, CCIV/Lucid setting a vote date, and the Russell 3k welcoming a number of de-SPACs to its ranks.
More momentum for SPACs with Pre-Deal SPACs creeping towards NAV and SPACs surging near vote dates. Today's three mergers are trading well.