Astra Space, Inc. executed a non-binding term sheet with JMCM Holdings LLC for issuance of senior secured convertible notes for a principal amount of up to $25 million on October 19, 2023.JMCM Holdings LLC would participate in an initial closing of the Proposed Financing in aggregate principal amount of at least $15.0 million, and that additional potential investors, to be identified by the Potential Lead Investor and the Company. The Proposed Lead Investor has expressed an interest in investing $5.0 million in the initial closing of the Proposed Financing. In addition, Sherpa Venture Funds II, LP (?Acme II?) has also expressed an interest in investing up to $5.0 million in the initial closing of the Proposed Financing on the terms outlined in the Term Sheet.
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
0.681 USD | +3.15% | +13.69% | -70.13% |
Apr. 18 | Astra Space, Inc. Reports Earnings Results for the Full Year Ended December 31, 2023 | CI |
Apr. 11 | North American Morning Briefing : Stock Futures Edge Lower Ahead of PPI Inflation Gauge | DJ |
1st Jan change | Capi. | |
---|---|---|
-70.13% | 15.47M | |
-2.95% | 3.48B | |
-8.59% | 907M | |
-58.78% | 415M | |
+35.93% | 316M | |
+10.00% | 127M | |
-.--% | 116M |
- Stock Market
- Equities
- ASTR Stock
- News Astra Space, Inc.
- Astra Space, Inc. announced that it expects to receive $25 million in funding