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The founders of struggling space company Astra have offered to take the company private at a value of about $30 million.
Struggling space company Astra warned in a securities filing on Friday that it may not be able to raise needed cash as funds dwindle.
Due to the rapid commercialization of spacecraft among government, industrial, and commercial use, space stock mania is emerging. Soon these companies will boost to new heights, thereby leading us into new realms of travel.
Astra Space, Inc. (NASDAQ:ASTR ) Q2 2023 Earnings Conference Call August 14, 2023 4:30 AM ET Company Participants Andrew Hsiung - VP of Strategic Finance and Capital Markets Chris Kemp - Founder, Chairman and CEO Axel Martinez - CFO Conference Call Participants Andre Madrid - Bank of America Suji Desilva - ROTH MKM Operator Ladies and gentlemen, good afternoon. My name is Abby, and I will be your conference operator today.
ALAMEDA, Calif.--(BUSINESS WIRE)--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. About Astra Space, Inc. Astra's mission is to Improve Life on Earth from Space® by creating a healthier and more connected planet. Today, Astra offe.
Struggling space company Astra is cutting 25% of its workforce and restructuring to focus more on its spacecraft engine business.
ALAMEDA, Calif.--(BUSINESS WIRE)--Astra Space, Inc. (“Astra”) (Nasdaq: ASTR) will report financial results for its second quarter ended June 30, 2023, after market close on Monday, August 14, 2023. Astra will host a webcast at 1:30pm PT (4:30pm ET) on Monday, August 14, 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.
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Billionaire-based space company Astra Space is planning a reverse stock split after its shares faced a Nasdaq delisting. The California-based company said its board has approved a plan for a 1-for-15 reverse stock split that will occur no before October 2023.
Aerospace company Astra Space Inc. ASTR, +4.25% said in a filing late Monday it plans a 1-to-15 reverse stock split and an at-market raising of up to $65 million in shares. The reverse stock split is expected to go through on or before Oct. 2, after board approval last week.