Astra Space, Inc.: Nasdaq/NYSE listing notice — Astra Space receives NASDAQ deficiency notice for bid price below $1.00

Astra Space, Inc.

Received deficiency notice on April 17, 2024 for non-compliance with minimum bid price of $1.00.
Has 180 days, until October 14, 2024, to regain compliance by closing at $1.00 for 10 consecutive days.
If not cured by Oct 14, may be eligible for an additional 180-day period if other listing standards met.
Pending merger with Apogee Parent, if closed before Oct 14, would result in delisting.

item 3.01

Key facts

Extracted from this filing and checked against the source text.

Listing & Compliance Notices SEC 8-K Item 3.01 confidence 0.9

Astra Space, Inc. received a nasdaq deficiency notice notice regarding minimum bid price (rules 5450(a)(1)).

Exchange: nasdaq
Notice: deficiency notice
Deficiency: minimum bid price
Rules: 5450(a)(1)

Exact text from the filing

April 17, 2024, Astra Space, Inc. (“Astra”) received a deficiency notice from NASDAQ that Astra is not in compliance with Rule 5450(a)(1) of the listing requirements because its per share closing bid price has been below $1.00 for the last thirty consecutive business days. This notice has no immediate effect on the listing of Astra’s Class A common stock. Pursuant to Rule 5810(c)(3)(A), Astra has 180 calendar days, or until October 14, 2024, to regain compliance with the minimum bid price requirement set forth in Rule 5450(a)(1) (the “Minimum Bid Price Requirement”). NASDAQ’s notice stated tha

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Source: SEC EDGAR

accession 0001193125-24-102891

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