Stable Road Acquisition Corp.
NASDAQ Global SelectCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- CEO
- Brian M. Kabot
- Sector
- Financial Services
- Industry
- Shell Companies
- Address
- 1345 Abbot Kinney Blvd Venice CA United States of America 90291
- IPO Date
- Nov 8, 2019
- CIK
- 0001781162
- Website
- stableroadcapital.com
- Similar Companies
- Business
- Stable Road Acquisition Corp. Stable Road Acquisition Corp. (SRAC) operates as a blank check company, or special purpose acquisition company (SPAC), with no significant independent operations and focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses, primarily targeting opportunities in sectors such as cannabis-adjacent industries. Incorporated in 2019 and headquartered in Venice, California, the company offers investors access to its trust account proceeds through public shares, units, and warrants traded on Nasdaq under tickers SRAC, SRACU, and SRACW prior to its merger activities. Geographically, it conducts its activities within the United States, serving institutional and retail investors seeking exposure to de-SPAC transactions. The company's core offerings include its initial public offering proceeds of approximately $172.5 million raised in November 2019, held in trust at 100% of IPO cash, along with sponsor shares managed by SRC-NI Holdings LLC; public securities, private placements like the $110 million PIPE in its key transaction; and standard SPAC warrants providing leveraged upside potential to merger outcomes. In August 2021, Stable Road Acquisition Corp. completed a reverse merger with Momentus Inc., a space infrastructure provider, approved by over 97% of stockholders and yielding approximately $247 million in cash proceeds to the combined entity after redemptions, with Momentus shares thereafter trading under MNTS; this transaction followed stockholder extensions of its combination deadline from May to August 2021 and SEC scrutiny over disclosures, resulting in Cease-and-Desist Orders in July 2021 and a Fair Fund established in 2024 with $8.04 million to compensate affected SRAC investors from October 2020 to July 2021. The merger drew regulatory attention including CFIUS national security reviews addressed via leadership changes and voting restrictions on Momentus co-founders, alongside Nasdaq deficiency notices for delayed filings due to SPAC warrant accounting guidance. As of late 2025, SRAC shares trade around $10.97 with ongoing securities litigation settlements, reflecting persistent post-merger investor claims and no further announced combinations.
Claims Deadline is Approaching for the Momentus Stable Road Fair Fund
U.S. Securities and Exchange Commission Establishes Momentus Stable Road Fair Fund
Levi & Korsinsky, LLP Notifies Shareholders of Stable Road Acquisition Corp. (SRAC) an Upcoming Claims Deadline in a Class Action Settlement
Glancy Prongay & Murray LLP Announces Proposed Settlement of Class Action on Behalf of Purchasers of Stable Road Acquisition Corp. ("SRAC") publicly traded units, publicly traded SRAC Class A common stock, and publicly traded SRAC warrants
SHAREHOLDER ALERT: Robbins LLP is Investigating Stable Road Acquisition Corp. (SRAC, SRACW, SRACU) on Behalf of Shareholders
SRAC Final Deadline: Stable Road Acquisition Corp. Class Action - Bronstein, Gewirtz & Grossman, LLC Reminds Investors to Contact the Firm
SRAC FINAL DEADLINE: Hagens Berman Alerts Stable Road Acquisition (SRAC) Investors to Today's Lead Plaintiff Deadline in Securities Class Action, Encourages Investors with Losses to Contact Firm's Attorneys Now
SRAC FINAL DEADLINE: Hagens Berman Alerts Stable Road Acquisition (SRAC) Investors to Today's Lead Plaintiff Deadline in Securities Class Action, Encourages Investors with Losses to Contact Firm's Attorneys Now
SRAC Final Deadline Today: Rosen, A Longstanding Law Firm, Encourages Stable Road Acquisition Corp. Investors with Losses to Secure Counsel Before Important September 13 Deadline in Securities Class Action - SRAC, SRACW, SRACU
SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Shareholders of Stable Road Acquisition Corp. of a Class Action Lawsuit and a Lead Plaintiff Deadline of September 13, 2021 - SRAC
SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Shareholders of Stable Road Acquisition Corp. of a Class Action Lawsuit and a Lead Plaintiff Deadline of September 13, 2021 - SRAC
The Klein Law Firm Reminds Investors of Class Actions on Behalf of Shareholders of SRAC, QFIN and ARDX
SHAREHOLDER ALERT: SRAC ZY VIEW: The Law Offices of Vincent Wong Reminds Investors of Important Class Action Deadlines
Kessler Topaz Meltzer & Checker, LLP: Final Deadline Reminder for Stable Road Acquisition Corp. Investors - SRAC; SRACW; SRACU
DEADLINE FOR STABLE ROAD ACQUISITION CORP. (SRAC) INVESTORS: Bernstein Liebhard LLP Announces that a Securities Class Action Lawsuit Has Been Filed Against Stable Road Acquisition Corp.
DEADLINE FOR STABLE ROAD ACQUISITION CORP. (SRAC) INVESTORS: Bernstein Liebhard LLP Announces that a Securities Class Action Lawsuit Has Been Filed Against Stable Road Acquisition Corp.
CLASS ACTION ALERT: Kessler Topaz Meltzer & Check, LLP Reminds Stable Road Acquisition Corp. Shareholders of Securities Fraud Class Action Lawsuit
SRAC Monday Deadline: Stable Road Acquisition Corp. Class Action - Bronstein, Gewirtz & Grossman, LLC Reminds Investors to Contact the Firm
SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Shareholders of Stable Road Acquisition Corp. of a Class Action Lawsuit and a Lead Plaintiff Deadline of September 13, 2021 - SRAC
Deadline Reminder: Law Offices of Howard G. Smith Reminds Investors of Looming Deadline in the Class Action Lawsuit Against Stable Road Acquisition Corp. (SRAC, SRACW, SRACU)