Thieler Law Corp advises investors with losses exceeding $100,000 of the June 18, 2021.lead plaintiff deadline in a class action lawsuit filed against Stable Road Acquisition Corp. (NASDAQ: SRAC, SRACW, SRACU) (Stable Road Acquisition Corp or “the Company”). The suit is pending in the U.S. District Court for the Central District of California and investors, who purchased Stable Road Acquisition Corp. securities between October 7, 2020 and July 13, 2021 (“Class Period”), have until September 13, 2021 to move for lead plaintiff. You do not need to move for lead plaintiff to be a member of the Class.

If you purchased Stable Road Acquisition Corp. securities during the Class Period, and have losses over $100,000, you may contact Thieler Law Corp by calling at (619) 377 - 4324 or emailing mail@thielerlaw.com . No class has been certified in this case, and if your losses are less than $100,000 you are still a member of the class.

Stable Road Acquisition Corp. is a blank check company. A blank check company is sometimes referred to as a special purpose acquisition vehicle, or “SPAC,” and does not initially have any operations or business of its own. Rather, it raises money from investors in an initial public offering and then uses the proceeds from the offering to acquire a business or operational assets, usually from a private company that does not publicly report financial or operating results. As a result, investors in blank check companies rely on the skill, transparency and honesty of the blank check company’s sponsor to spend the offering proceeds to acquire a fundamentally sound target company that offers attractive risk-adjusted returns for investors.

On October 7, 2020, Stable Road and Momentus – a private commercial space company – issued a joint press release announcing that Stable Road had agreed to acquire Momentus in a proposed merger, subject to shareholder approval. The press release stated that the merger would "create the first publicly traded space infrastructure company at the forefront of the new space economy."

According to the lawsuit, defendants statements throughout the Class Period were materially false and misleading when made because they misrepresented and failed to disclose the adverse facts about Momentus Inc.’s (“Momentus”) business, operations, and prospects and Stable Road’s due diligence activities in connection with the merger, which were known to defendants or recklessly disregarded by them, as follows: (1) that Momentus’ 2019 test of its key technology, a water plasma thruster, had failed to meet Momentus’ own public and internal pre-launch criteria for success, and was conducted on a prototype that was not designed to generate commercially significant amounts of thrust; (2) that the U.S. government had conveyed that it considered the chief executive officer (“CEO”) of Momentus a national security threat, which jeopardized the CEO’s continued leadership of Momentus and Momentus’s launch schedule and business prospects; (3) that as a result of the foregoing, the revenue projections and business and operational plans provided to investors regarding Momentus and the commercial viability and timeline of its products were materially false and misleading and lacked a reasonable basis in fact; and (4) that Stable Road had failed to conduct appropriate due diligence of Momentus and its business operations and defendants had materially misrepresented the due diligence activities being conducted by SRC-NI Holdings, LLC and Stable Road executives in connection with the merger. When the true details entered the market, the lawsuit claims that investors suffered damages.