WASHINGTON — Faced with dwindling cash and a stock delisting, Astra Space announced plans July 10 to perform a reverse split of its stock and sell up to $65 million of it. In a filing with the U.S.
ALAMEDA, Calif.--(BUSINESS WIRE)--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 ...
Astra Space, the launch company that went public in 2021 at a $2.1 billion valuation, is going private again after months of burning cash and failing to secure alternate investment. The company ...
Astra Space (NASDAQ:ASTR) has approved a reverse stock split of its Class A and Class B common stock at a ratio of 1-for-15, the company said Wednesday. The reverse stock split is expected to become ...
Vying to Keep Nasdaq Listing, Astra Space Looks to Conduct Reverse Stock Split and Raise $65 Million
Astra Space (Nasdaq: ASTR) recently announced that it will attempt to raise up to $65 million to fund its operations and conduct a reverse stock split, a financial maneuver that essentially involves ...
Astra founders Chris Kemp and Adam London have proposed taking the company private, with the two saying they would acquire all the outstanding stock themselves, according to a filing with the U.S.
Astra is cutting 25% of its workforce and restructuring to focus more on its spacecraft engine business. It also said it raised $10.8 million in net proceeds from selling debt to investment group High ...
Astra Space (NASDAQ:ASTR) indicated in a SEC filing on Monday that the company plans a reverse stock split at a ratio of 1 to 15. The company expects the reverse split to take effect before October 2.
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