Astra announces $100 million committed equity facility

Alameda, calif.--(business wire)--astra space, inc. (“astra”) (nasdaq: astr) today announced that it has entered into a common stock purchase agreement with b. riley principal capital ii, llc (“b. riley principal capital ii”). the agreement governs a committed equity facility that provides astra the right, in its discretion and without obligation, to sell and issue up to $100 million of its class a common stock over the course of 24 months to b. riley principal capital ii, subject to certain li
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