{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-24-056189","form_type":"8-K","ticker":null,"cik":"0001814329","company_name":"Astra Space, Inc.","filed_at":"2024-03-01T23:59:59+00:00","discovered_at":"2026-05-14T18:03:25.647183+00:00","generated_at":"2026-06-05T05:43:45.860190+00:00","sec_items":["1.01","2.03","8.01","9.01"],"event_type":"other_material","sentiment":"negative","materiality_score":0.95,"calibrated_materiality_score":0.95,"confidence":"high","headline":"Astra Space founders cut buyout offer to $0.50/shr; Special Committee says only alternative is Ch.7 liquidation","bullets":["Founders lowered buyout offer to $0.50/shr from $1.50; Feb 26 close $1.76, a 72% discount.","Special Committee: only alternative to revised offer is Chapter 7 bankruptcy liquidation of the company.","Issued $300K in 12% senior secured convertible notes to CEO Chris Kemp and CTO Adam London.","Amendment raises aggregate note cap to $35M and extends further issuances until April 30, 2024.","Revised proposal conditions: $20M cash at closing, Special Committee approval, and definitive financing."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-24-056189","json":"https://secwatch.observer/filing/0001193125-24-056189.json","markdown":"https://secwatch.observer/filing/0001193125-24-056189.md","text":"https://secwatch.observer/filing/0001193125-24-056189.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1814329/000119312524056189/0001193125-24-056189-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1814329/000119312524056189/d759100d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-05T05:43:45.860190+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":"883b8691bf32128249e21ec19414f4ba433bce6a","claim":"Astra Space, Inc. incurred convertible notes of $300,000 in aggregate principal amount with Chris Kemp Trust and Adam London at 12.0% maturing November 15, 2025.","evidence_excerpt":"the Additional Investors purchased $300,000 in aggregate principal amount of a 12.0% Senior Secured Convertible Note due 2025","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1814329/000119312524056189/0001193125-24-056189-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"convertible notes"},{"label":"Principal","value":"$300,000 in aggregate principal amount"},{"label":"Counterparty","value":"Chris Kemp Trust and Adam London"},{"label":"Rate","value":"12.0%"},{"label":"Maturity","value":"November 15, 2025"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"ad90d7cb49138afcd71f0a2ac5bfd5f0b7c68374","claim":"Astra Space, Inc. amended Second Amendment to Securities Purchase Agreement and Second Amendment to Senior Secured Convertible Notes (effective 2024-02-26).","evidence_excerpt":"On February 26, 2024, Astra Space, Inc. (the “ Company ”) entered into that Second Amendment to Securities Purchase Agreement and Second Amendment to Senior Secured Convertible Notes (the “ Amendment ”) which amendment amends (i) that certain Securities Purchase Agreement dated as of August 4, 2023","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1814329/000119312524056189/0001193125-24-056189-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"amendment"},{"label":"Agreement","value":"equity purchase"},{"label":"Effective","value":"2024-02-26"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}