---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-117973"
form_type: "8-K"
ticker: null
cik: "0001814329"
company_name: "Astra Space, Inc."
filed_at: "2024-04-26T23:59:59+00:00"
generated_at: "2026-06-03T06:39:04.362209+00:00"
event_type: "regulatory"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Astra Space receives Nasdaq deficiency notice for low equity, issues $400K convertible note

## Summary
- On Apr 23, Nasdaq notified Astra of non-compliance with minimum stockholders' equity requirement ($2.5M) per 10-K.
- Astra has 45 days (until June 7) to submit plan to regain compliance; may get extension to Oct 20.
- Closed subsequent financing with RBH: $400K principal 12% senior secured convertible note due 2025; net proceeds ~$390K.
- Total outstanding convertible notes now $3.399M; notes mature Nov 2025 with minimum return 150%-175% if prepaid.
- Merger with Apogee Parent pending; if closed before June 7, stock will be delisted in connection with Merger.

## SEC filing metadata
- accession: 0001193125-24-117973
- form_type: 8-K
- cik: 0001814329
- company_name: Astra Space, Inc.
- filed_at: 2024-04-26T23:59:59+00:00
- event_type: regulatory
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.03, 3.01, 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1814329/000119312524117973/0001193125-24-117973-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1814329/000119312524117973/d821196d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-117973
- JSON: https://secwatch.observer/filing/0001193125-24-117973.json
- Plain text: https://secwatch.observer/filing/0001193125-24-117973.txt

## Key facts
- Listing & Compliance Notices
  Astra Space, Inc. received a nasdaq deficiency notice notice regarding stockholders equity (rules 5550(b)(1)).
  - Exchange: nasdaq
  - Notice: deficiency notice
  - Deficiency: stockholders equity
  - Rules: 5550(b)(1)
  source text: April 23, 2024, the Company received a deficiency notice from Nasdaq that the Company is not in compliance with the minimum stockholders’ equity listing requirement set forth in Rule 5550(b)(1) (the “ Minimum Stockholders’ Equity Requirement ”) because its Annual Report on Form 10-K for the period ended December 31, 2023 filed with the SEC on April 18, 2024, reported stockholders’ equity below $2,500,000. Additionally, as of the date of this Report, the Company does not meet the alternative Nasdaq continued listing standards under Nasdaq Listing Rules. This notice of noncompliance has had no i
  evidence_url: https://www.sec.gov/Archives/edgar/data/1814329/000119312524117973/0001193125-24-117973-index.htm

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