---
schema_version: "secwatch.filing_event.v1"
accession: "0001477932-22-008174"
form_type: "8-K"
ticker: null
cik: "0001231339"
company_name: "Astra Energy, Inc."
filed_at: "2022-11-07T23:59:59+00:00"
generated_at: "2026-06-22T05:02:00.885887+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Astra Energy acquires 50% stake in Astra-Holcomb Energy Systems for 5M shares and $10M license fee

## Summary
- Acquired 50% (50 of 100 shares) of Astra-Holcomb Energy Systems LLC from HRE Scientific Holdings Ltd.
- Consideration: 5,000,000 shares of Astra common stock plus $10M license fee for exclusive California use of the In-Line Power Generator.
- License fee: $5M due within 30 days of execution; additional $5M due 12 months from execution.
- Transaction effective October 21, 2022; agreement executed October 27, 2022.
- Shares issued in unregistered transaction under Section 4(a)(2) of the Securities Act.

## SEC filing metadata
- accession: 0001477932-22-008174
- form_type: 8-K
- cik: 0001231339
- company_name: Astra Energy, Inc.
- filed_at: 2022-11-07T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 2.01, 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1231339/000147793222008174/0001477932-22-008174-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1231339/000147793222008174/astra_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001477932-22-008174
- JSON: https://secwatch.observer/filing/0001477932-22-008174.json
- Plain text: https://secwatch.observer/filing/0001477932-22-008174.txt

## Key facts
- M&A Transactions
  Astra Energy, Inc. completed an acquisition involving HRE Scientific Holdings Ltd. for 5,000,000 shares of common stock of the Company and an agreement to license for the exclusive use of the ILPG, for the territory of California for a license fee (closed 2022-10-27).
  - Action: acquisition
  - Counterparty: HRE Scientific Holdings Ltd.
  - Consideration: 5,000,000 shares of common stock of the Company and an agreement to license for the exclusive use of the ILPG, for the territory of California for a license fee
  - Closing: 2022-10-27
  source text: System In Line Power Generator (" ILPG "). Pursuant to the Agreement, HRE has agreed to sell to the Company 50 shares of common stock of Astra-Holcomb LLC in consideration of 5,000,000 shares of common stock of the Company and an agreement to license for the exclusive use of the ILPG, for the territory of California for a license fee of $5,000,000 within 30 days
  evidence_url: https://www.sec.gov/Archives/edgar/data/1231339/000147793222008174/0001477932-22-008174-index.htm
- Material Agreements
  Astra Energy, Inc. entered into Sale of Shares Agreement with HRE Scientific Holdings Ltd. valued at $5,000,000 (effective 2022-10-21).
  - Action: entry
  - Agreement: asset purchase
  - Counterparty: HRE Scientific Holdings Ltd.
  - Value: $5,000,000
  - Effective: 2022-10-21
  source text: On October 27, 2022, Astra Energy Inc. (the " Company ") executed a Sale of Shares Agreement, with an effective date of October 21, 2022 (the " Agreement ") with HRE Scientific Holdings Ltd.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1231339/000147793222008174/0001477932-22-008174-index.htm

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