Faced with dwindling cash and a stock delisting, Astra Space announced plans July 10 to perform a reverse split of its stock and sell up to $65 million.
Spacecraft firm Astra
Space on Monday said in a securities filing it plans to
raise up to $65 million and that it would also execute a reverse
stock split at a 1-to-15 ratio, a move that could save.
Aerospace company Astra Space Inc. 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.