This prospectus supplement amends and supplements the original prospectus dated September 30, 2025, filed as part of the registration statement on Form S-3. It relates to the offer and sale of Class A common stock of the company under the terms of the ATM Agreement with A.G.P./Alliance Global Partners as the sales agent.
Key details:
- The maximum amount of common stock eligible for sale under General Instruction I.B.6 of Form S-3 has been updated.
- As of October 10, 2025, the aggregate market value of the company's common stock held by non-affiliates is $9,229,204.68, based on 14,496,133 shares at $1.91 per share (closing price on August 13, 2025).
- The company has sold $4,440,368.79 of common stock under the ATM Agreement in the 12 months prior to this prospectus supplement.
- The available amount for sale under this prospectus supplement is $4,788,835.89 (excluding previously sold shares).
Offering limitations:
- The company will not sell securities in public primary offerings on Form S-3 exceeding one-third of its public float in any 12-month period, provided the public float remains below $75.0 million.
- If the public float increases, the company may sell additional securities up to one-third of the public float.
- Once the public float exceeds $75.0 million, the company will no longer be subject to the limits in General Instruction I.B.6 of Form S-3.
- Any additional sales under the ATM Agreement will require the filing of another prospectus supplement.
Current stock information:
- The company's common stock is listed on Nasdaq under the symbol "MNTS."
- The last reported sale price on Nasdaq was $1.37 per share on October 10, 2025.
Risk disclosure:
- Investing in the company's common stock involves a high degree of risk. Investors are advised to read the "Risk Factors" section in the ATM Prospectus and related documents.
Disclaimer:
- Neither the Securities and Exchange Commission nor any state securities commission has approved or disapproved these securities or passed upon the adequacy or accuracy of this prospectus.
