Astra announces closing of additional debt financing and waiver of previously announced defaults

Alameda, calif.--(business wire)---- $astr #adastra--astra space, inc. (“astra”)(nasdaq: astr) announced today that it has closed an initial financing with jmcm holdings llc (“jmcm”) and sherpa venture funds ii, llp (together with jmcm, the “investors”), affiliates of two early investors in astra, for a total investment amount of approximately $13.4 million (the “initial financing”) pursuant to a reaffirmation agreement and omnibus amendment agreement dated november 6, 2023 (the “initial financing agreement”). th.
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