Related Documents:
33-10955
13-Jul-2021
Administrative Proceeding
Order Instituting Cease-and-Desist Proceedings, Pursuant to Section 8A of the Securities Act of 1933 and Section 21C of the Securities Exchange Act of 1934, Making Findings, and Imposing a Cease-and-Desist Order
On July 13, 2021, the SEC instituted settled cease-and-desist proceedings against Stable Road Acquisition Corp. stating: "This case concerns materially false statements, omissions, and other deceptive conduct by Momentus, a privately held space company that aspires to provide space infrastructure services, and its former Chief Executive Officer Mikhail Kokorich (“Kokorich”), as it sought to go public through a business combination with Stable Road Acquisition Corp. (“SRAC”), a publicly traded special-purpose acquisition company (“SPAC”)."
2021-124
13-Jul-2021
Press Release--Administrative Proceeding
SEC charges SPAC, Sponsor, Merger Target, and CEOs for Misleading Disclosures Ahead of Proposed Business Combination
The SEC "announced charges against special purpose acquisition corporation Stable Road Acquisition Company, its sponsor SRC-NI, its CEO Brian Kabot, the SPAC’s proposed merger target Momentus Inc., and Momentus’s founder and former CEO Mikhail Kokorich for misleading claims about Momentus’s technology and about national security risks associated with Kokorich."
34-95653
01-Sep-2022
Administrative Proceeding
Extension Order
The Commission ordered "that the Division's request for an extension of time until March 31, 2023 to submit a Proposed Plan of Distribution is granted."
34-96733
23-Jan-2023
Administrative Proceeding
Order Appointing Tax Administrator
The Commission ordered that: "Heffler, Radetich & Saitta, LLP is appointed as the Tax Administrator for the QSF in the above-referenced proceeding."
34-96981
24-Feb-2023
Administrative Proceeding
Order Appointing Fund Administrator and Setting Administrator's Bond Amount
The Commission ordered that: "Epiq is appointed as the fund administrator . . . and shall obtain a bond . . . in the amount of $8,040,000.00."
34-97187
23-Mar-2023
Administrative Proceeding
Second Extension Order
The Commission ordered that: "the Division’s request for an extension of time until June 30, 2023 to submit a Proposed Plan of Distribution is granted."
34-97801
27-Jun-2023
Administrative Proceeding
Notice of Proposed Plan of Distribution and Opportunity for Comment
The Commission stated: "Notice is hereby given . . . that the Division of Enforcement has submitted to the Commission a proposed plan of distribution (the “Proposed Plan”) for the distribution of monies paid in the above-captioned matter."
Proposed Plan of Distribution
The SEC stated: "The Division of Enforcement submits this Proposed Plan of Distribution (the “Plan”) to the United States Securities and Exchange Commission (the “Commission”) . . . . This Plan provides for the distribution of a Fair Fund (the “Fair Fund”), comprised of civil money penalties paid by Momentus, Inc. (“Momentus”), Stable Road Acquisition Corp. (“SRAC”), SRC-NI Holdings, LLC (“SRC-NI”), and Brian Kabot (“Kabot”) (collectively, the “Respondents”) in the above-captioned matter."
34-98209
24-Aug-2023
Administrative Proceeding
Order Extending Time to Enter Order Approving or Disapproving Plan of Distribution
The Commission stated: "IT IS ORDERED that pursuant to Rule 1104 of the Commission's Rules, for good cause shown, the time for entering an order approving or disapproving the Plan is extended to February 29, 2024."
34-99688
07-Mar-2024
Administrative Proceeding
Order Approving Plan of Distribution
The Commission ordered that: "the Proposed Plan is approved, and the approved Plan of Distribution shall be posted simultaneously
with this order on the Commission's website at www.sec.gov."
