{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-23-279896","form_type":"8-K","ticker":null,"cik":"0001814329","company_name":"Astra Space, Inc.","filed_at":"2023-11-17T23:59:59+00:00","discovered_at":"2026-05-14T18:03:30.618096+00:00","generated_at":"2026-06-08T00:20:13.047910+00:00","sec_items":["1.01","2.03","2.04","3.02"],"event_type":"debt","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Astra Space gets $2.5M additional loan; extends default waivers to Nov 21","bullets":["JMCM provided $2.5M delayed draw term loan and purchased warrants for 869,781 shares at $1.006/share, expiring Nov 13, 2028.","Bridge Notes (~$5.5M) due Nov 17 extended to Nov 21; minimum liquidity covenant waiver also extended to Nov 21.","Company has not regained compliance; refinancing negotiations ongoing with no assurance of success.","Initial financing on Nov 6 totaled ~$13.4M from JMCM and SherpaVentures, including existing notes and bridge notes."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-23-279896","json":"https://secwatch.observer/filing/0001193125-23-279896.json","markdown":"https://secwatch.observer/filing/0001193125-23-279896.md","text":"https://secwatch.observer/filing/0001193125-23-279896.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1814329/000119312523279896/0001193125-23-279896-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1814329/000119312523279896/d949642d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-08T00:20:13.047910+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":"21594a83c3e0c12b3cbc7fb841399453e20ff454","claim":"Astra Space, Inc. incurred term loan of $2.5 million with JMCM Holdings LLC.","evidence_excerpt":"On November 13, 2023, JMCM loaned the full amount of the delayed draw term loan (the “ Additional Advance”) , thereby increasing the outstanding principal balance due on the JMCM Bridge Note by an additional $2.5 million.","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1814329/000119312523279896/0001193125-23-279896-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"term loan"},{"label":"Principal","value":"$2.5 million"},{"label":"Counterparty","value":"JMCM Holdings LLC"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"354a2f68c85bcb324a774c0fa0460b4cfa400ff1","claim":"Astra Space, Inc. reported a default on senior notes of $5.5 million with JMCM Holdings LLC and SherpaVentures Fund II, LLP maturing November 17, 2023.","evidence_excerpt":"The Company and the Investors continue to negotiate with respect to a refinancing of the Initial Financing and Additional Advance and have mutually agreed to extend the maturity date for the approximately $5.5 million, plus accrued interest, due on the Bridge Notes on November 17, 2023.","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1814329/000119312523279896/0001193125-23-279896-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"senior notes"},{"label":"Principal","value":"$5.5 million"},{"label":"Counterparty","value":"JMCM Holdings LLC and SherpaVentures Fund II, LLP"},{"label":"Maturity","value":"November 17, 2023"},{"label":"Event","value":"default"}],"fact_type":"debt_financing"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}