---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-024828"
form_type: "8-K"
ticker: null
cik: "0001814329"
company_name: "Astra Space, Inc."
filed_at: "2024-02-06T23:59:59+00:00"
generated_at: "2026-06-06T08:24:09.091982+00:00"
event_type: "debt"
sentiment: "negative"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Astra defers Feb 2024 debt payment; $23.8M notes amended, first payment now May 2024 at 22.22%

## Summary
- Amendment defers $2.64M (11.11% of stated principal) from Feb 1, 2024; combined with May 2024 payment to equal 22.22%.
- May 1, 2024 payment of ~$5.28M covers both deferred and regular quarterly amortization.
- Company may issue up to $1.18M additional Convertible Notes but cautions no assurance of closing.
- Holders include JMCM Holdings ($9.69M), SherpaVentures ($5.13M), Chris Kemp Trust ($2M), and others.
- Deferral lets Astra prioritize cash for operations; holders retain right to convert deferred payments.

## SEC filing metadata
- accession: 0001193125-24-024828
- form_type: 8-K
- cik: 0001814329
- company_name: Astra Space, Inc.
- filed_at: 2024-02-06T23:59:59+00:00
- event_type: debt
- sentiment: negative
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1814329/000119312524024828/0001193125-24-024828-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1814329/000119312524024828/d767492d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-024828
- JSON: https://secwatch.observer/filing/0001193125-24-024828.json
- Plain text: https://secwatch.observer/filing/0001193125-24-024828.txt

## Key facts
- Debt Financings
  Astra Space, Inc. amended senior notes of approximately $23.8 million outstanding aggregate principal amount with each of the holders (the " Holders ") of the approximately $23.8 million outstanding aggregate principal amount of the Note Parties’ 12.0% Senior Secured Convertible Notes due 2025 at 12.0% maturing due 2025.
  - Instrument: senior notes
  - Principal: approximately $23.8 million outstanding aggregate principal amount
  - Counterparty: each of the holders (the " Holders ") of the approximately $23.8 million outstanding aggregate principal amount of the Note Parties’ 12.0% Senior Secured Convertible Notes due 2025
  - Rate: 12.0%
  - Maturity: due 2025
  - Event: amendment
  source text: On January 31, 2024, Astra Space, Inc. (the “ Company ”) and its subsidiaries (collectively with the Company, the “ Note Parties ”) entered into an Amendment to Senior Secured Convertible Notes (the “ Amendment ”) with each of the holders (the “ Holders ”) of the approximately $23.8 million outstanding aggregate principal amount of the Note Parties’ 12.0% Senior Secured Convertible Notes due 2025 (the “ Convertible Notes ”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1814329/000119312524024828/0001193125-24-024828-index.htm
- Material Agreements
  Astra Space, Inc. amended Amendment to Senior Secured Convertible Notes with each of the holders of the approximately $23.8 million outstanding aggregate principal amount of the Note Parties’ 12.0% Senior Secured Convertible Notes due 2025 valued at approximately $23.8 million (effective 2024-01-31).
  - Action: amendment
  - Agreement: notes offering
  - Counterparty: each of the holders of the approximately $23.8 million outstanding aggregate principal amount of the Note Parties’ 12.0% Senior Secured Convertible Notes due 2025
  - Value: approximately $23.8 million
  - Effective: 2024-01-31
  source text: On January 31, 2024, Astra Space, Inc. (the “ Company ”) and its subsidiaries (collectively with the Company, the “ Note Parties ”) entered into an Amendment to Senior Secured Convertible Notes (the “ Amendment ”) with each of the holders (the “ Holders ”) of the approximately $23.8 million outstanding aggregate principal amount of the Note Parties’ 12.0% Senior Secured Convertible Notes due 2025
  evidence_url: https://www.sec.gov/Archives/edgar/data/1814329/000119312524024828/0001193125-24-024828-index.htm

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