_Incident · Regulatory action_

# SEC settles with Momentus over material misstatements about space technology and national security concerns in SPAC merger

Canonical ID: `703d1c84-9feb-42f1-a3ab-a8d3d87deecc`

- **Occurred:** 2021-07-13
- **Kind:** `regulatory_action`
- **Status (derived):** active
- **Company:** [Momentus Space](/companies/momentus-space.md) (id: `d29879a2-dd3a-4ded-8eea-f6c2854fe812`)

On July 13, 2021, the SEC announced a settled enforcement action against Momentus Inc. and its SPAC partner Stable Road Acquisition Corp. The SEC found that Momentus made material misstatements and omissions in SEC filings about successfully testing key space technology when the test had not been successful, and about national security concerns regarding Momentus's former CEO Mikhail Kokorich. Momentus paid a $7 million civil penalty, the SPAC paid $1 million, and the SPAC CEO paid $40,000. The SEC separately litigated against Kokorich. This was one of the first SEC enforcement actions against a SPAC merger target.

## Sources (2)

1. **SEC.gov** · https://www.sec.gov/files/litigation/admin/2021/33-10955.pdf · 2021-07-13
2. **A&O Shearman** · https://www.lit-wc.aoshearman.com/sec-announces-settled-enforcement-action-in-connection-with-spac-business · 2021-07-20

## Status history

- **active** · 2026-08-08 · agent:recon

## Common questions

### What happened in SEC settles with Momentus over material misstatements about space technology and national security concerns in SPAC merger?

On July 13, 2021, the SEC announced a settled enforcement action against Momentus Inc. and its SPAC partner Stable Road Acquisition Corp. The SEC found that Momentus made material misstatements and omissions in SEC filings about successfully testing key space technology when the test had not been successful, and about national security concerns regarding Momentus's former CEO Mikhail Kokorich. Momentus paid a $7 million civil penalty, the SPAC paid $1 million, and the SPAC CEO paid $40,000. The SEC separately litigated against Kokorich. This was one of the first SEC enforcement actions against a SPAC merger target.

### When did this incident occur?

The incident is recorded as occurring on July 13, 2021 on the DEPLOY registry. The date reflects the underlying real-world event, not the registry record's creation date.

### Who was involved in SEC settles with Momentus over material misstatements about space technology and national security concerns in SPAC merger?

The incident is recorded as involving Momentus Space on the DEPLOY registry. No specific robot model is linked to this incident in the registry.

### Has anyone responded to SEC settles with Momentus over material misstatements about space technology and national security concerns in SPAC merger?

No responses to this incident are recorded on the DEPLOY registry. Operators, manufacturers, or affected parties can submit responses to the editorial team; absence is not a guarantee no response was issued.

### What is the current status of SEC settles with Momentus over material misstatements about space technology and national security concerns in SPAC merger?

This incident is an active record on the DEPLOY registry; no retraction or correction has been issued.


_API: GET /v1/incidents/703d1c84-9feb-42f1-a3ab-a8d3d87deecc · sources: /v1/incidents/703d1c84-9feb-42f1-a3ab-a8d3d87deecc/sources · responses: /v1/incidents/703d1c84-9feb-42f1-a3ab-a8d3d87deecc/responses · status: /v1/incidents/703d1c84-9feb-42f1-a3ab-a8d3d87deecc/status · canonical URL: /incidents/momentus-sec-spac-settlement-2021-07_