secwatch.observer — SEC 8-K summary
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Issuer:     Astra Energy, Inc. (—)
CIK:        0001231339
Form:       8-K
Filed at:   2022-11-07T23:59:59+00:00
Accession:  0001477932-22-008174
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 2.01, 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1231339/000147793222008174/0001477932-22-008174-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1231339/000147793222008174/astra_8k.htm
  HTML page:      https://secwatch.observer/filing/0001477932-22-008174

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