{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-23-270510","form_type":"8-K","ticker":null,"cik":"0001814329","company_name":"Astra Space, Inc.","filed_at":"2023-11-03T23:59:59+00:00","discovered_at":"2026-05-14T18:03:30.616349+00:00","generated_at":"2026-06-08T22:41:08.005288+00:00","sec_items":["2.04","9.01"],"event_type":"debt","sentiment":"negative","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Astra Space triggers default on $12.5M note; cash requirement breached, interest rate rises to 15%","bullets":["On Oct 30, 2023, event of default under senior secured note due to failure to maintain $10.5M cash requirement and missing compliance certificate.","Interest rate on note increased to 15% per annum default interest; investor can accelerate principal at 115%.","On Nov 1, 2023, Company paid $3.1M (including 115% amortization and default interest), reducing principal to $8.0M.","Company in discussions for additional financings and strategic transactions but no assurance of completion."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-23-270510","json":"https://secwatch.observer/filing/0001193125-23-270510.json","markdown":"https://secwatch.observer/filing/0001193125-23-270510.md","text":"https://secwatch.observer/filing/0001193125-23-270510.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1814329/000119312523270510/0001193125-23-270510-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1814329/000119312523270510/d519443d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-08T22:41:08.005288+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"81e0c84cbd6f48f68fb7f26883118005f496b228","claim":"Astra Space, Inc. faced acceleration on senior notes of $12.5 million with an institutional investor at 15.0% per annum maturing November 1, 2024.","evidence_excerpt":"and the Company issued and sold on August 4, 2023, in a registered direct offering to the Investor (the “ Offering ”), a senior secured note in an aggregate principal amount of $12.5 million (the “ Note ”) and warrants to purchase up to 22.5 million shares of the Company’s Class A common stock, par value $0.0001 per share. The Note bears interest at 9.0% per annum,","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1814329/000119312523270510/0001193125-23-270510-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"senior notes"},{"label":"Principal","value":"$12.5 million"},{"label":"Counterparty","value":"an institutional investor"},{"label":"Rate","value":"15.0% per annum"},{"label":"Maturity","value":"November 1, 2024"},{"label":"Event","value":"acceleration"}],"fact_type":"debt_financing"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}