Excerpt:
The U.S. securities regulator on Tuesday said it charged blank-check company Stable Road Acquisition Corp [...], its sponsor SRC-NI, space exploration company Momentus Inc and two executives for misleading claims over their planned merger. The U.S. Securities and Exchange Commission said the companies and Stable Road Acquisition Company CEO [...] agreed to pay $8 million to resolve allegations they misled investors about Momentus Inc.’s technology and national security risks [...]
