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SPAC, Space-Oriented Startup Settle Investors' Stock Suit

By Katryna Perera ( April 11, 2023, 8:08 PM EDT) -- Blank-check company Stable Road Acquisition Corp. and space industry startup Momentus told a California federal judge that they reached an undisclosed settlement with investors to resolve claims that they inflated stock prices with misstatements about projected revenue and the successful testing of space technology. . . .

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