ASTR

ASTRA SPACE INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Sale of Astra Space, Inc. -ASTR

Retrieved on: 
Thursday, March 14, 2024
Class Action Lawsuit, Professional Services, Legal, ASTR, KSF, Parent, Sale

The Parent is expected to be owned, at the closing of the transaction, by a number of long-term investors of the Company and its predecessor, including Mr. Kemp and Dr. London.

Key Points: 
  • The Parent is expected to be owned, at the closing of the transaction, by a number of long-term investors of the Company and its predecessor, including Mr. Kemp and Dr. London.
  • Under the terms of the transaction, shareholders of Astra will receive $0.50 in cash for each share of Astra that they own.
  • KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the consideration undervalues the Company.
  • To learn more about KSF, whose partners include the Former Louisiana Attorney General, visit www.ksfcounsel.com .

Goldhirsh Foundation Names Groundbreaking All-Female Investment Committee

Retrieved on: 
Thursday, March 14, 2024
Cream, Boston University, AB, City, NationBuilder, TCE, UCLA, CIO, HEC Paris, Bookshop (company), Harvard University, BBDO, Wilshire Associates, Brown University, Woman, CFA, Committee on Finance, SpaceX, Larchmont Charter School, Saatchi & Saatchi, Organization, Eric Schmidt, Chopped, Planet Labs, Acquisition, University, Food, ASTR, American Dream, M13, LOS, The arts, School, Samuel Adams, MBA, Coolhaus, YPO, Zagat, CIV, Shana, Partner, Collaborative Fund

LOS ANGELES, March 14, 2024 /PRNewswire/ -- Today, the Goldhirsh Foundation announced its new all-female investment committee—believed to be the first such investment committee at an organization of its size and scope. The committee members are: Shana Barghouti, Natasha Case, Celestine Schnugg, and Ruth Wernig.

Key Points: 
  • This new, all-female, investment committee is believed to be the first such at an organization of this size and scope.
  • "All four women on our new investment committee have proven themselves as business and civic leaders, as well as visionaries, during the course of their careers," said Tara Roth, President of the Goldhirsh Foundation.
  • The new committee – with the experience, network, and expertise they bring – further solidifies a strategic shift for the Goldhirsh Foundation's endowment.
  • Meet the members of the Goldhirsh Foundation investment committee:
    Shana Barghouti, Co-Chief Investment Officer at ReMY Investors, a multi-family investment firm based in Los Angeles.

Astra Space, Inc. to be Taken Private

Retrieved on: 
Thursday, March 7, 2024
Technology, Aerospace, Manufacturing, Satellite, ASTR, Committee, Common stock, LP, Senior, Security (finance)

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.

Astra Announces Third Quarter 2023 Financial Results

Retrieved on: 
Thursday, November 16, 2023
Contracts, Defense, Aerospace, Manufacturing, Spacecraft, GAAP, Astra, ASTR

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.

Astra Announces Closing of Additional Debt Financing and Waiver of Previously Announced Defaults

Retrieved on: 
Monday, November 6, 2023
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.

Astra to Report Third Quarter 2023 Financial Results on November 13th, 2023

Retrieved on: 
Thursday, October 19, 2023
Technology, Aerospace, Manufacturing, Satellite, News, Webcast, ASTR, Astra, Broadcasting

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 .

Astra Cures Bid Price Deficiency and Regains Compliance with Nasdaq Listing Standards

Retrieved on: 
Thursday, September 28, 2023
Technology, Aerospace, Manufacturing, Satellite, ASTR, Cryptocurrency, Auction

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.

Astra Space, Inc. Announces Reverse Stock Split

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.

New Franchising Store Owner "Elated to Represent Monkee's in Birkdale Village"

Retrieved on: 
Wednesday, August 23, 2023
ASTR, Then & Now... The Best of The Monkees, Life, Multimedia, 3F, Crossroads, Restaurant, Shoe, Interior design, Online shopping, Birkdale Village, The Monkees

HUNTERSVILLE, N.C., Aug. 23, 2023 /PRNewswire/ -- Kim and Autry Dawsey announce the opening of their new store in Lake Norman after discussing opening a retail store for years.

Key Points: 
  • HUNTERSVILLE, N.C., Aug. 23, 2023 /PRNewswire/ -- Kim and Autry Dawsey announce the opening of their new store in Lake Norman after discussing opening a retail store for years.
  • Chelsea, Kim and Autry's daughter, previously worked at Monkee's of the Pines and has helped the new store with her retail knowledge.
  • Located in upscale Birkdale Village, the new store is in a great location near many shops and restaurants.
  • The store address is 16846 Birkdale Commons Parkway Building 3F, Suite D Huntersville, NC 28078 and will be open from 10am-7pm Monday through Sunday.

Astra Announces Second Quarter 2023 Financial Results

Retrieved on: 
Monday, August 14, 2023
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.