Momentus Inc. Form 8-K Summary
Business Context and Reporting Period
Momentus Inc. filed this Current Report on December 6, 2023, relating to an event occurring December 2, 2023. The filing concerns a change in the Company’s independent registered public accounting firm and does not report quarterly or annual operating results.
Financial Metrics and Liquidity
The filing does not provide revenue, profit, cash flow, margins, debt, liquidity, guidance, or other operating and financial metrics.
Material Changes
- On December 2, 2023, the Company engaged Frank, Rimerman + Co. LLP as its new independent registered public accounting firm.
- Armanino LLP, the former independent auditor, informed the Company on July 19, 2023 that it would resign because it was exiting financial statement audit services for all public company engagements.
- The resignation was stated not to relate to actions taken by Momentus.
- For the fiscal years ended December 31, 2021 and 2022, and the interim period through September 30, 2023, the Company reported no disagreements or reportable events with Armanino as defined under applicable SEC rules.
- During those periods, the Company had not consulted Frank, Rimerman regarding accounting principles for specified transactions, potential audit opinions, disagreements, or reportable events.
Guidance, Risks, and Unusual Items
No management guidance, outlook, contingencies, or business risks are disclosed. The principal unusual item is the transition to a new independent auditor. The filing does not indicate that the change resulted from an accounting disagreement, audit qualification, or reportable event.
Investor Verification Items
- Verify Frank, Rimerman’s appointment and its acceptance of the engagement in subsequent filings.
- Confirm that future annual and interim financial statements are audited or reviewed by the newly appointed firm.
- Review subsequent filings for any auditor-related disagreements, reportable events, audit opinions, or internal-control disclosures.
- Monitor subsequent reports for the Company’s financial performance, liquidity, financing needs, and operational outlook, none of which are provided in this filing.