---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-015565"
form_type: "8-K"
ticker: null
cik: "0001814329"
company_name: "Astra Space, Inc."
filed_at: "2024-01-25T23:59:59+00:00"
generated_at: "2026-06-06T18:27:56.811738+00:00"
event_type: "debt"
sentiment: "negative"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Astra Space closes $6M 12% convertible note and warrant financing, extends closing window

## Summary
- Issued $6.0M in 12% senior secured convertible notes due 2025; net proceeds ~$5.85M.
- Warrants to purchase up to 2,599,010 shares at $0.808/share, exercisable immediately, expiring Jan 2029.
- Amendment extends subsequent closing date to Feb 19, 2024; up to $1.18M additional notes possible.
- Notes carry minimum return of 125%-175% of principal; registration statement due by May 1, 2024.
- Investors include MH Orbit LLC (JMCM affiliate) and RBH Ventures Astra SPV.

## SEC filing metadata
- accession: 0001193125-24-015565
- form_type: 8-K
- cik: 0001814329
- company_name: Astra Space, Inc.
- filed_at: 2024-01-25T23:59:59+00:00
- event_type: debt
- sentiment: negative
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 2.03, 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1814329/000119312524015565/0001193125-24-015565-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1814329/000119312524015565/d696820d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-015565
- JSON: https://secwatch.observer/filing/0001193125-24-015565.json
- Plain text: https://secwatch.observer/filing/0001193125-24-015565.txt

## Key facts
- Debt Financings
  Astra Space, Inc. incurred convertible notes of $6.0 million in aggregate principal amount with MH Orbit LLC, RBH Ventures Astra SPV, LLC at 12.0% maturing November 15, 2025.
  - Instrument: convertible notes
  - Principal: $6.0 million in aggregate principal amount
  - Counterparty: MH Orbit LLC, RBH Ventures Astra SPV, LLC
  - Rate: 12.0%
  - Maturity: November 15, 2025
  - Event: incurrence
  source text: Ventures Astra SPV, LLC (“ RBH ” and together with MH Orbit, the “ Additional Investors ”), pursuant to the Purchase Agreement, in which the Additional Investors purchased (i) $6.0 million in aggregate principal amount of a 12.0% Senior Secured Convertible Note due 2025 (the “ Subsequently Purchased Convertible Notes ”) in the form of the Senior Secured Convertible
  evidence_url: https://www.sec.gov/Archives/edgar/data/1814329/000119312524015565/0001193125-24-015565-index.htm
- Material Agreements
  Astra Space, Inc. amended Amendment to Securities Purchase Agreement (effective 2024-01-19).
  - Action: amendment
  - Agreement: equity purchase
  - Effective: 2024-01-19
  source text: On January 19, 2024, Astra Space, Inc. (the “ Company ”) entered into an Amendment to Securities Purchase Agreement (the “ Amendment ”) dated as of August 4, 2023 (as amended by the Reaffirmation Agreement and Omnibus Amendment Agreement dated as of November 6, 2023, the Limited Waiver and Consent and Omnibus Amendment No. 2 Agreement dated as of November 17, 2023 and the Omnibus Amendment No. 3 Agreement dated as of November 21, 2023) (as so amended, the “ Purchase Agreement ”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1814329/000119312524015565/0001193125-24-015565-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.