Associated tags: Astra, Life, Aerospace, Manufacturing, ASTR, Satellite, Transport
Locations: ASTRA, CALIFORNIA, UNITED STATES, NORTH AMERICA, CANADA, ALBERTA
On March 6, 2024, the closing price of Astra’s Class A common stock was $0.86 per share.
Key Points:
- On March 6, 2024, the closing price of Astra’s Class A common stock was $0.86 per share.
- The Parent was formed by Chris Kemp, Astra’s co-founder, chief executive officer and chairman, and Dr. Adam London, Astra’s co-founder, chief technology officer and director.
- Acting upon the recommendation of the Special Committee, the Board approved the transaction, with Chris Kemp, Dr. Adam London and Scott Stanford abstaining from the vote.
- The transaction is expected to close in the second quarter of 2024, subject to customary closing conditions.
Retrieved on:
Thursday, November 16, 2023
Astra Space, Inc. (“Astra”) (Nasdaq: ASTR) today announced financial results for its third quarter ended September 30, 2023.
Key Points:
- Astra Space, Inc. (“Astra”) (Nasdaq: ASTR) today announced financial results for its third quarter ended September 30, 2023.
- Signed two new Astra Spacecraft Engine™ customer contracts totaling $11.7 million in contract value from the beginning of Q3 2023 through today.
- Third Quarter 2023 Financial Highlights:
For the three months ended September 30, 2023:
*Denotes Non-GAAP financial measure.
- Refer to “Explanation of Adjusted (or Non-GAAP) Financial Measures” later in this press release for reconciliation of GAAP to Non-GAAP financial measures.
Technology,
Aerospace,
Manufacturing,
Satellite,
Documentation,
Sale,
Security (finance),
ASTR,
Warrant,
Note,
Initial,
Term sheet,
Common stock,
Common,
LLP,
Sheet,
Astra (American spaceflight company) This Initial Financing is connected to Astra’s announcement in a report on Form 8-K filed with the Securities and Exchange Commission (the “SEC”) on October 23, 2023 of the execution of a non-binding term sheet (the “Term Sheet”).
Key Points:
- This Initial Financing is connected to Astra’s announcement in a report on Form 8-K filed with the Securities and Exchange Commission (the “SEC”) on October 23, 2023 of the execution of a non-binding term sheet (the “Term Sheet”).
- The Term Sheet contemplates a financing of at least $15.0 million, from the Investors and other potential investors, and up to $25.0 million (the “Proposed Financing”).
- Astra is in continuing discussions concerning the Proposed Financing with the Investors.
- The Bridge Notes, the Warrants and any securities issued in connection with the Proposed Financing may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements.
Retrieved on:
Thursday, October 19, 2023
Astra Space, Inc. (“Astra”) (Nasdaq: ASTR) will report financial results for its third quarter ended September 30, 2023, after market close on Monday, November 13, 2023.
Key Points:
- Astra Space, Inc. (“Astra”) (Nasdaq: ASTR) will report financial results for its third quarter ended September 30, 2023, after market close on Monday, November 13, 2023.
- Astra will host a webcast at 1:30pm PT (4:30pm ET) on Monday, November 13, 2023, to discuss the results.
- The news release containing the financial results with a link to the live webcast and the webcast replay will be accessible at Astra’s Investor Relations website: https://investor.astra.com/investor-relations .
Retrieved on:
Thursday, September 28, 2023
Astra Space, Inc. (“Astra” or the “Company”) (Nasdaq: ASTR) today announced it has received notice from the Nasdaq Capital Market (“Nasdaq”) on September 28, 2023, that the Company has regained compliance with Nasdaq’s minimum bid price requirement.
Key Points:
Astra Space, Inc. (“Astra” or the “Company”) (Nasdaq: ASTR) today announced it has received notice from the Nasdaq Capital Market (“Nasdaq”) on September 28, 2023, that the Company has regained compliance with Nasdaq’s minimum bid price requirement.
Retrieved on:
Wednesday, September 13, 2023
Engineering,
Satellite,
Technology,
Aerospace,
Manufacturing,
Other Science,
Science,
Transfer,
ASTR,
Common stock,
Reverse stock split,
Class,
Bangladesh Securities and Exchange Commission,
Astra (American spaceflight company),
CUSIP,
Common,
Security (finance) Astra Space, Inc. (NASDAQ: ASTR) (“Astra” or the “Company”) is announcing that the Company’s Board of Directors has approved a reverse stock split (the “Reverse Stock Split”) of Astra’s Class A common stock, par value $0.0001 (the “Class A common stock”) per share, and Astra’s Class B common stock, par value $0.0001(the “Class B common stock”) at a ratio of 1-for-15 (the “Reverse Stock Split Ratio”).
Key Points:
- Astra Space, Inc. (NASDAQ: ASTR) (“Astra” or the “Company”) is announcing that the Company’s Board of Directors has approved a reverse stock split (the “Reverse Stock Split”) of Astra’s Class A common stock, par value $0.0001 (the “Class A common stock”) per share, and Astra’s Class B common stock, par value $0.0001(the “Class B common stock”) at a ratio of 1-for-15 (the “Reverse Stock Split Ratio”).
- Following the Reverse Stock Split, the Company’s Class A common stock will have a new CUSIP number (04634X202).
- When the Reverse Stock Split is effective, every 15 shares of Class A Common stock issued and outstanding or held as treasury stock (if applicable) as of the Effective Time will be automatically combined and reclassified into one share of Class A common stock.
- When the Reverse Stock Split is effective, every 15 shares of Class B Common stock issued and outstanding or held as treasury stock (if applicable) as of the Effective Time will be automatically combined and reclassified into one share of Class B common stock.
Science,
Other Science,
Aerospace,
Manufacturing,
ASTR,
Capital expenditure,
Astra,
Defense Innovation Unit,
Senior,
Form 10-K,
GAAP,
ATM,
EBITDA,
Investment,
Spacecraft,
Engineering,
Capital,
Webcast,
CFO,
Annual report,
Cryptocurrency,
Rare-earth element,
Q4 Astra Space, Inc. (“Astra”) (Nasdaq: ASTR) today announced financial results for its second quarter ended June 30, 2023.
Key Points:
- Astra Space, Inc. (“Astra”) (Nasdaq: ASTR) today announced financial results for its second quarter ended June 30, 2023.
- In Q2 2023, Astra continued to closely manage its financial runway and evaluate strategic opportunities in support of a long-term sustainable growth strategy across both Space Products and Launch Services.
- Second Quarter 2023 Financial Highlights:
For the three months ended June 30, 2023:
*Denotes Non-GAAP financial measure.
- ET) today to discuss second quarter 2023 results and our outlook for the third quarter ending September 30, 2023.
Science,
Satellite,
Other Science,
Research,
Technology,
Aerospace,
Manufacturing,
Other Technology,
ASTR,
Webcast,
Cryptocurrency,
Broadcasting Astra Space, Inc. (“Astra”) (Nasdaq: ASTR) will host a conference call to discuss recent events via a webcast at 6:00am PT (9:00am ET) on Monday, August 7, 2023.
Key Points:
- Astra Space, Inc. (“Astra”) (Nasdaq: ASTR) will host a conference call to discuss recent events via a webcast at 6:00am PT (9:00am ET) on Monday, August 7, 2023.
- A link to the live webcast and the webcast replay will be accessible at Astra’s Investor Relations website: https://investor.astra.com/investor-relations .
Transport,
Aerospace,
Manufacturing,
Other Transport,
Telephone,
ASTR,
Warrant,
Sale,
Madison Avenue,
Note,
Security (finance),
Free File Astra Space, Inc. (“Astra”) (NASDAQ: ASTR) announced today that it has closed a registered issuance of $12.5 million aggregate principal amount of senior secured notes (the “Notes”) and warrants (the “Warrants”) to purchase up to 22.5 million shares of Astra’s Class A common stock, par value $0.0001 per share (the “Shares”) to an institutional investor.
Key Points:
- Astra Space, Inc. (“Astra”) (NASDAQ: ASTR) announced today that it has closed a registered issuance of $12.5 million aggregate principal amount of senior secured notes (the “Notes”) and warrants (the “Warrants”) to purchase up to 22.5 million shares of Astra’s Class A common stock, par value $0.0001 per share (the “Shares”) to an institutional investor.
- The Notes bear interest at 9.0% per annum, mature on November 1, 2024, and are secured by a first priority security interest in all of the assets of Astra and its subsidiaries.
- Net proceeds from the offering, after deducting the placement agent fees and offering expenses, were approximately $10.8 million.
- Astra intends to use the net proceeds from the offering for working capital and general corporate purposes.
Air,
Technology,
Satellite,
Transport,
Aerospace,
Manufacturing,
ASTR,
Workforce,
International Launch Services,
Astra,
SG,
PJT Partners,
GAAP,
Complaint,
Public expenditure,
Form 8-K,
EBITDA,
Spacecraft,
Engineering,
OPEX,
Adjustment,
Rare-earth element,
Bank,
Bookkeeping Astra Space, Inc. (“Astra”) (NASDAQ: ASTR) today announced a strategic reallocation of its workforce from its Launch Services organization to its Astra Spacecraft Engines™ business to support its growing customer base and order backlog of its spacecraft engines.
Key Points:
- Astra Space, Inc. (“Astra”) (NASDAQ: ASTR) today announced a strategic reallocation of its workforce from its Launch Services organization to its Astra Spacecraft Engines™ business to support its growing customer base and order backlog of its spacecraft engines.
- Astra last announced 278 cumulative committed orders of the Astra Spacecraft Engine™ through March 30, 2023, representing approximately $77 million of contract value.
- In support of the Astra Spacecraft Engine™ business, Astra has reallocated approximately 50 engineering and manufacturing personnel from Launch Services to Space Products.
- This reallocation includes a combination of permanent reassignments and temporary assignments to support customer programs and increasing production and test capacity through the end of the year.
