ASTR

Astra Space Inc

NASDAQ

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ASTR

Astra Space Inc

NASDAQ

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Monksdream PremiumMember

03/09/24 4:15 PM

Post #371

Re: #369: @I-Man - Been a while since I came back here.

ASTR new 52 week lo

Monksdream PremiumMember

03/05/24 8:13 AM

Post #370

ASTR

I-Man

02/06/24 8:38 AM

Post #369

Been a while since I came back here. Still holding some bad rocket fuel I guess...?

gail

01/02/24 11:44 AM

Post #368

my “stocklife” new year is….

….

starting out fantastic and is about to get much better here i think!

Bullish

gail

01/02/24 11:25 AM

Post #367

Re: #366: @TommyBoyTrader9460 - $ASTR

moving up again today, yet, such a quiet board. things that make me go “hmmmm”. 😉

Bullish

TommyBoyTrader9460 Free

12/30/23 9:48 AM

Post #366

Re: #365: @gail - huge buys coming in now.

$ASTR
https://x.com/hannahadad8890/status/1741108398198812738?s=61

gail

12/29/23 3:29 PM

Post #365

Re: #364: @gail - and here we goooooo!!!

huge buys coming in now.

Bullish

gail

12/29/23 2:38 PM

Post #364

Re: #363: @gail - grabbed some. looking strong for a pre-holiday.

and here we goooooo!!!

gail

12/29/23 2:35 PM

Post #363

grabbed some. looking strong for a pre-holiday.

Bullish

WebSlinger Free

11/09/23 5:00 PM

Post #362

Re: #361: @Jess070283 - Holding support quite well. Next up $2+ IMO

<< Next up $2+ IMO >>

Why would any pay $2 for shares when they will be bought out at $1.50 (and therefore take a 25% loss)?

Bearish

Jess070283 Free

11/09/23 3:40 PM

Post #361

Holding support quite well. Next up $2+ IMO

alchemytrader Free

11/09/23 9:07 AM

Post #360

Re: #355: @RJ5 - After the last split my average is 21.74,

Wake up! Buyout bid 1.50. Doesnt help you much with your avg but maybe moral victory?

subslover

11/09/23 8:04 AM

Post #359

NEWS
Astra Announces Closing of Additional Debt Financing and Waiver of Previously Announced Defaults
Financing provided by affiliates of two early investors in Astra

ALAMEDA, Calif.--(BUSINESS WIRE)-- Astra Space, Inc. (“Astra”)(Nasdaq: ASTR) announced today that it has closed an initial financing with JMCM Holdings LLC (“JMCM”) and Sherpa Venture Funds II, LLP (together with JMCM, the “Investors”), affiliates of two early investors in Astra, for a total investment amount of approximately $13.4 million (the “Initial Financing”) pursuant to a reaffirmation agreement and omnibus amendment agreement dated November 6, 2023 (the “Initial Financing Agreement”). 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”).

The Initial Financing includes (1) a purchase by the Investors of the remaining $8.0 million aggregate principal amount of senior secured notes (the “Existing Notes”) and associated warrants (the “Existing Warrants”) to purchase up to 1.5 million post-reverse stock split shares of Astra’s Class A common stock, par value $0.0001 per share (the “Class A Common Stock”) issued on August 4, 2023 from the Astra’s senior secured creditor, pursuant to which Astra was in default under as of October 30, 2023, (2) a loan by the Investors to Astra and its subsidiaries in the aggregate principal amount of approximately $3.05 million evidenced by senior secured bridge notes (the “Bridge Notes”) that will come due on November 17, 2023, that will rank equally as to payment and lien priority with the Existing Notes that will be secured by the same collateral as the Existing Note and that will be guaranteed by all of the subsidiaries of Astra, and (3) a sale to the Investors of warrants (the “Warrants”) to purchase up to 5,314,201 shares of Astra’s Class A Common Stock at a purchase price of $0.125 per Warrant for an aggregate purchase price of approximately $664,275 that are immediately exercisable at an exercise price of $0.808 per share of Class A Common Stock, subject to certain adjustments and that expire on August 4, 2028.

Pursuant to the Initial Financing Agreement, the Investors have agreed to waive certain existing and prospective defaults and events of default under the Existing Notes, including the events of default under the Existing Notes described in the Astra’s Form 8-K filed with the SEC on November 3, 2023, and the requirement for Astra to comply with the minimum liquidity financial covenant in the Existing Notes until November 17, 2023 to provide Astra with time to raise additional liquidity through various capital raising and cost cutting initiatives and strategic transactions (the “Strategic Plan”).

Astra is in continuing discussions concerning the Proposed Financing with the Investors. The funding contemplated by the Term Sheet is conditioned upon execution of final definitive documentation among the Company and the Investors; however there can be no assurance that the Company and the Investors will be able to negotiate definitive documentation on the terms specified in the Term Sheet or to consummate the Proposed Financing at all.

The Bridge Notes and the warrants have not been and will not be, and any securities issued in connection with the Proposed Financing will not be, registered under the Securities Act of 1933, as amended (the “Securities Act”) or the securities laws of any other jurisdiction. 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. This press release does not constitute an offer to sell any security, including the Bridge Notes, the Warrants or any securities that may be issued in the Proposed Financing, nor a solicitation for an offer to purchase any security, including the Bridge Notes, the Warrants or any securities that may be issued in the Proposed Financing, nor shall there be any sale of the securities in any jurisdiction in which such offer, solicitation, or sale would be unlawful prior to registration, qualification, or exemption under the securities laws of any such jurisdiction.

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 offers one of the lowest cost-per-launch dedicated orbital launch services, and one of the industry’s leading flight-proven electric propulsion systems for satellites, Astra Spacecraft Engine. Visit astra.com to learn more about Astra.

Safe Harbor

The statements made herein concerning the Initial Financing and the Proposed Financing include “forward-looking statements.” Specific forward-looking statements can be identified by the fact that they do not relate strictly to historical or current facts and can be identified by the use of, without limitation, words such as “may,” “will,” “expects,” “believes,” “anticipates,” “plans,” “estimates,” “projects,” “targets,” “forecasts,” “seeks,” “would,” “could” or the negative of such terms or other variations on such terms or comparable terminology. Similarly, statements that describe any objectives, the Strategic Plan, the Proposed Financing, involvement of the Investors in the Proposed Financing, plans or goals are forward-looking. The forward-looking statements are based on the Company’s current intent, belief, expectations, estimates and projections regarding the Company, the Strategic Plan and the Proposed Financing. These statements are not guarantees of future performance and involve risks, uncertainties, assumptions and other factors that are difficult to predict and that could cause actual results to differ materially. Accordingly, readers should not rely upon forward-looking statements as a prediction of actual results and actual results may vary materially from what is expressed in or indicated by the forward-looking statements. This cautionary statement is applicable to all forward-looking statements contained herein.

https://cts.businesswire.com/ct/CT?id=bwnews&sty=20231106646305r1&sid=acqr8&distro=nx&lang=en
View source version on businesswire.com: https://www.businesswire.com/news/home/20231106646305/en/

Investor Contact:
investors@astra.com

Media Contact:

Awl416

11/09/23 7:45 AM

Post #358

8k out

I-Man

11/08/23 7:27 AM

Post #357

Maybe we need to play the 5th Dimensions 1st hit song, UP, UP and Away...??? Thank you Johnny Rivers for bringing them to us all...

Monksdream PremiumMember

10/21/23 5:14 PM

Post #356

ASTR new 52 week low

RJ5

10/17/23 12:33 PM

Post #355

Re: #353: @santafe2 - Oops, time for another 1:15 reverse split or

After the last split my average is 21.74, a total loss.

santafe2

10/12/23 11:15 AM

Post #354

Re: #352: @Monksdream - ASTR new 52 week low

Double post.

santafe2

10/12/23 11:15 AM

Post #353

Re: #352: @Monksdream - ASTR new 52 week low

Oops, time for another 1:15 reverse split or a quick sale. If anyone is wondering, this would be a 6 cent stock without the previous reverse split.

ASTR is a dead man walking. They lost $2.55 per share last quarter. That is, a 93 cent stock lost more than double their share price in one quarter and much more than that in the previous two quarters.

Net profit margin: -8,677%.
Cash flow per share: -$16.36.

As ASTR circles the drain Kemp is looking for a suitor.

Astra Space (ASTR) is analyzing selling a majority stake in its in-space propulsion business, among other strategic sale options, Bloomberg News reported late Tuesday, citing unnamed sources with knowledge of the matter.

The company seeks to value the in-space propulsion business at more than $100 million and is also mulling the potential disposal of various other parts of its business, such as its equipment and parts of its rocket plant, Bloomberg News reported.

Astra's Executive Chief Chris Kemp declined to comment to the news agency beyond pointing to an August announcement that the company had hired PJT Partners to advise on potential financing activities and to explore investments in its Spacecraft Engine business, according to the report.

Monksdream PremiumMember

10/11/23 5:06 PM

Post #352

ASTR new 52 week low

Monksdream PremiumMember

10/09/23 5:46 AM

Post #351

ASTR new 52 week low

Monksdream PremiumMember

10/05/23 7:20 AM

Post #350

ASTR new 52 week low

Monksdream PremiumMember

09/24/23 1:04 PM

Post #349

ASTR new 52 week low

Monksdream PremiumMember

09/20/23 2:09 PM

Post #348

ASTR new 52 week low

I-Man

09/19/23 7:50 AM

Post #347

Re: #346: @santafe2 - I'm afraid the 1:15 split and the requirement

I don't agree. With many Govt contracts in lace they must be doing something right...??

santafe2

09/14/23 2:31 PM

Post #346

Re: #345: @Monksdream - ASTR new 52 week low

I'm afraid the 1:15 split and the requirement to raise additional millions did not inspire confidence. I bought this as a speculative stock @ $10 and sold at a loss of a few dollars a share. Now it's down to ~15 cents a share pre-split. I don't see anything investible at this point. Too bad they didn't know how to make rockets they could deploy in space. It was a good idea three years ago.

Monksdream PremiumMember

09/14/23 1:19 PM

Post #345

ASTR new 52 week low

I-Man

09/14/23 7:39 AM

Post #344

Re: #340: @Monksdream - ASTR new 52 week low

You see ASTR did 1:15 split overnight unannounced, right?

I-Man

09/14/23 7:18 AM

Post #343

Amazing! 1 1 for 15 reverse stock split unannounced occurred last night for this stock.

It has been overly shortsold and this may be corp's idea to wipe out the shortsellers holding as price is now 15 times higher this morning pre mkt...

Also the last final transfers of all TD Ameritrade accounts to Schwab (mine included) has an impact cause a lot of shortselling was happening though TD itself for many years and suspected behind many naked shortselling schemes going on out there.

I-Man

08/31/23 7:07 AM

Post #342

Re: #341: @Monksdream - ASTR new 52 week low

Excellent place to buy in a large long term position as I see it. Just look at who they do business with and the contracts , etc

Monksdream PremiumMember

08/16/23 12:49 PM

Post #341

ASTR new 52 week low

Monksdream PremiumMember

08/16/23 12:49 PM

Post #340

ASTR new 52 week low

I-Man

07/31/23 9:54 AM

Post #339

Re: #335: @RJ5 - That would be awesome but I feel there

Anything can happen. As I said, look what happened over at NKLA few weeks ago.

Lowjack

07/10/23 10:44 PM

Post #338

Re: #334: @I-Man - Hey folks, if NKLA (Nikola) can go from

Woke = Broke! Tech for Woke policies is a certainty to cause cancer and Bankruptcy! Now grab your ankles so you can have a R/S pounding on the way to that BK!

Bearish

santafe2

07/01/23 8:23 PM

Post #337

Re: #336: @Stocked55 - Can't say I am pleased with the SP,

Of course they do have to actually launch a payload into orbit. They've yet to achieve that milestone while they burned $40MM last quarter. This is no longer a stock, it's a roulette table. This is a $100MM company that has burned through $200MM in the last 3 quarters. Time is not on their side. If the next rocket is just another excuse even DOD will tire of throwing our money away.

Stocked55

07/01/23 7:54 PM

Post #336

Can't say I am pleased with the SP, but at least they have a military contract now. Hopefully this comes back.

RJ5

06/29/23 11:50 AM

Post #335

Re: #334: @I-Man - Hey folks, if NKLA (Nikola) can go from

That would be awesome but I feel there is more like a 20:1 r/s coming, then another precipitous decline essentially wiping out the original supporters of this company. The only savior would be a successful launch but there is none on the books.

Bearish

I-Man

06/22/23 8:45 AM

Post #334

Hey folks, if NKLA (Nikola) can go from delisting notice 2 weeks ago, then to rally upward above $1.00 thresshold to erase that, ASTR canndo same thing.

Time to stop talking about Elon everywhere like he is some God, he is not. He aint even got quality EV semis on Hwy like NKLA has been doing a while now and nitrogen stations, chargers, et.al...

I-Man

06/22/23 8:34 AM

Post #333

Re: #332: @Lowjack - Time to pop that Virgin BK cherry!

I love the sweet taste of cherries. Just ask my mistress... LOL

Lowjack

06/18/23 5:28 AM

Post #332

Re: #331: @I-Man - This has build solid consolidation at 40 cent

Time to pop that Virgin BK cherry!

Bearish

I-Man

06/17/23 9:28 AM

Post #331

Re: #330: @Lowjack - This be a flat earth stock!

This has build solid consolidation at 40 cent levels for a long time... You know what will happen soon, right?

Elon needs to be investigated and many like this will get their glory that don't have to do special backroom deals with Biden Admin as Elon has...