Tuesday, November 5, 2024

Astra

Astra Space to Boost Share Price via Reverse Stock Split and Raise $65M

Before the stock split filing, Astra created a subsidiary to sidestep hiring rules and also offer financial leeway for borrowing. American spacecraft engine manufacturer Astra Space Inc (NASDAQ: ASTR) intends to do a stock split at a 1-to-15 ratio and raise...

Astra Seeks Deadline Extension from Nasdaq to Avoid Delisting

In addition to seeking the grace period from Nasdaq, Astra also mentioned a possessive reverse stock split. Rocket launch startup Astra Space (NASDAQ: ASTR) has drawn a plan to avoid a delisting from the Nasdaq. The stock trading platform gave...
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