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SPAC, Merger Target And CEOs Accused Of Faulty Disclosure

By Dave Simpson ( July 13, 2021, 10:41 PM EDT) -- The U.S. Securities and Exchange Commission announced Tuesday it has reached settlements with special purpose acquisition company Stable Road Acquisition Co., its sponsor and CEO, and the SPAC's proposed merger target Momentus Inc. for allegedly falsely telling investors that its propulsion technology had been successfully tested in space....

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