October 9, 2021

Twelve Month Payday Loans

The Passionate Pursuit Of Business

Stable Road (SRAC) Cuts Deal Valuation in Half — Market Loves It

4 min read

On Tuesday Stable Road (SRAC) filed an 8-k letting investors know that they have cut the enterprise valuation for Momentus by almost half, from $1.131 billion to $566.6 million, and extended the outside date by a couple months to August 13, 2021. The market is responding very positively with the SPAC rising in after hours trading and again trading up ~9% in premarket. 

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