{"id":739198,"date":"2023-03-10T09:08:06","date_gmt":"2023-03-10T14:08:06","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/astra-investigates-potential-illegal-short-selling\/"},"modified":"2023-03-10T09:08:06","modified_gmt":"2023-03-10T14:08:06","slug":"astra-investigates-potential-illegal-short-selling","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/astra-investigates-potential-illegal-short-selling\/","title":{"rendered":"Astra Investigates Potential Illegal Short Selling"},"content":{"rendered":"<p>        <!--body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p><strong>Astra Investigates Potential Illegal Short Selling<\/strong><\/p>\n<p><strong><i>Company Engages ShareIntel to Assist in Identifying Irregular Trading Behavior<\/i><\/strong><\/p>\n<p>ALAMEDA, Calif.&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nAstra Space, Inc. (\u201cAstra\u201d) (Nasdaq: ASTR) today announced that it is taking steps to proactively review stockholder ownership of Astra\u2019s Class A common stock in an effort to identify parties to suspicious, aberrant or unusual trading activity and deploy corrective action steps to help curtail any such activity.\n<\/p>\n<p>\nAs part of its ongoing corporate governance efforts, Astra has engaged ShareIntel-Shareholder Intelligence Services, LLC (\u201cShareIntel\u201d) to assist with this review and analysis. ShareIntel\u2019s service offerings will provide Astra with access and insight into broker-dealer, clearing firm and stockholder position movement that are designed to help coordinate, monitor and enhance corporate governance, stockholder communication, regulatory compliance and surveillance of trading in Astra\u2019s shares.\n<\/p>\n<p>\n\u201cAstra remains committed to protecting our investors and maximizing stockholder value,\u201d said Chris Kemp, Astra Founder, Chairman, and CEO. \u201cPartnering with ShareIntel will allow Astra to track share ownership, monitor any irregular trading behavior, and take appropriate measures, if necessary.\u201d\n<\/p>\n<p>\nDavid Wenger, President and Chief Executive Officer of ShareIntel, stated, \u201cWe look forward to helping Astra Space, Inc. identify parties to potential illegal naked short selling and assist to implement action plans to address any such activity.\u201d\n<\/p>\n<p><strong>About Astra Space, Inc.<\/strong><\/p>\n<p>\nAstra\u2019s mission is to improve life on Earth from space\u00ae by creating a healthier and more connected planet. Today, Astra offers one of the lowest cost-per-launch dedicated orbital launch services of any operational launch provider in the world, and one of the industry\u2019s first flight-proven electric propulsion systems for satellites, Astra Spacecraft Engine\u2122. Astra delivered its first commercial launch to low Earth orbit in 2021, making it the fastest company in history to reach this milestone, just five years after it was founded in 2016. Astra (NASDAQ: ASTR) was the first space launch company to be publicly traded on Nasdaq. Visit <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fastra.com%2F&amp;esheet=53359632&amp;newsitemid=20230310005116&amp;lan=en-US&amp;anchor=astra.com&amp;index=1&amp;md5=aad58f2ceaa5bc4a7cd5e074e35d5044\">astra.com<\/a> to learn more about Astra.\n<\/p>\n<p><strong>About ShareIntel-Shareholder Intelligence Service, LLC<\/strong><\/p>\n<p>\nSIS is a patented compliance driven SAAS retained by public companies to track shareholder ownership, monitor critical broker-dealer and shareholder movement. DRIL-Down\u2122 identifies participants to abusive and illegal short selling providing actionable intelligence. <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.shareintel.com&amp;esheet=53359632&amp;newsitemid=20230310005116&amp;lan=en-US&amp;anchor=www.shareintel.com&amp;index=2&amp;md5=92872cb7b056bd591595fcfca293c44c\">www.shareintel.com<\/a><\/p>\n<p><strong>Safe Harbor<\/strong><\/p>\n<p>\nCertain statements made in this press release are \u201cforward-looking statements\u201d. Forward-looking statements may be identified by the use of words such as \u201canticipate\u201d, \u201cbelieve\u201d, \u201cexpect\u201d, \u201cestimate\u201d, \u201cplan\u201d, \u201coutlook\u201d, and \u201cproject\u201d and other similar expressions that predict or indicate future events or trends or that are not statements of historical matters. These forward-looking statements reflect the current analysis of existing information and are subject to various risks and uncertainties. As a result, caution must be exercised in relying on forward-looking statements. The following factors, among others, could cause actual results to differ materially from those described in these forward-looking statements: (i) our failure to meet projected development and delivery targets, including as a result of the decisions of governmental authorities or other third parties not within our control or delays associated with our move-in to our new production facility; (ii) changes in applicable laws or regulations; (iii) the ability of the Astra to meet its financial and strategic goals, due to, among other things, competition; (iv) the ability of Astra to pursue a growth strategy and manage growth profitability; (v) the possibility that Astra may be adversely affected by other economic, business, and\/or competitive factors; (vi) the effect of the COVID-19 pandemic on Astra and (vii) other risks and uncertainties described discussed from time to time in other reports and other public filings with the Securities and Exchange Commission, including our registration statements and quarterly reports.\n<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20230310005116r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20230310005116\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20230310005116\/en\/<\/a><\/span><\/p>\n<p><strong>Investor Contact:<br \/>\n<\/strong><br \/><a rel=\"nofollow\" href=\"mailto:investors@astra.com\">investors@astra.com<\/a><\/p>\n<p><strong>Media Contact:<br \/>\n<\/strong><br \/><a rel=\"nofollow\" href=\"mailto:press@astra.com\">press@astra.com<\/a><\/p>\n<p><b>KEYWORDS:<\/b> California United States North America<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Professional Services Technology Satellite Aerospace Legal Manufacturing<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20230310005116\/en\/1391681\/3\/Astra_Logo_for_PR.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Astra Investigates Potential Illegal Short Selling Company Engages ShareIntel to Assist in Identifying Irregular Trading Behavior ALAMEDA, Calif.&#8211;(BUSINESS WIRE)&#8211; Astra Space, Inc. (\u201cAstra\u201d) (Nasdaq: ASTR) today announced that it is taking steps to proactively review stockholder ownership of Astra\u2019s Class A common stock in an effort to identify parties to suspicious, aberrant or unusual trading activity and deploy corrective action steps to help curtail any such activity. As part of its ongoing corporate governance efforts, Astra has engaged ShareIntel-Shareholder Intelligence Services, LLC (\u201cShareIntel\u201d) to assist with this review and analysis. ShareIntel\u2019s service offerings will provide Astra with access and insight into broker-dealer, clearing firm and stockholder position movement that are designed to help coordinate, monitor and enhance corporate governance, stockholder &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/astra-investigates-potential-illegal-short-selling\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Astra Investigates Potential Illegal Short Selling&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-739198","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Astra Investigates Potential Illegal Short Selling - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/astra-investigates-potential-illegal-short-selling\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Astra Investigates Potential Illegal Short Selling - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Astra Investigates Potential Illegal Short Selling Company Engages ShareIntel to Assist in Identifying Irregular Trading Behavior ALAMEDA, Calif.&#8211;(BUSINESS WIRE)&#8211; Astra Space, Inc. (\u201cAstra\u201d) (Nasdaq: ASTR) today announced that it is taking steps to proactively review stockholder ownership of Astra\u2019s Class A common stock in an effort to identify parties to suspicious, aberrant or unusual trading activity and deploy corrective action steps to help curtail any such activity. As part of its ongoing corporate governance efforts, Astra has engaged ShareIntel-Shareholder Intelligence Services, LLC (\u201cShareIntel\u201d) to assist with this review and analysis. ShareIntel\u2019s service offerings will provide Astra with access and insight into broker-dealer, clearing firm and stockholder position movement that are designed to help coordinate, monitor and enhance corporate governance, stockholder &hellip; Continue reading &quot;Astra Investigates Potential Illegal Short Selling&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/astra-investigates-potential-illegal-short-selling\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2023-03-10T14:08:06+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20230310005116r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/astra-investigates-potential-illegal-short-selling\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/astra-investigates-potential-illegal-short-selling\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Astra Investigates Potential Illegal Short Selling\",\"datePublished\":\"2023-03-10T14:08:06+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/astra-investigates-potential-illegal-short-selling\\\/\"},\"wordCount\":650,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/astra-investigates-potential-illegal-short-selling\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/cts.businesswire.com\\\/ct\\\/CT?id=bwnews&amp;sty=20230310005116r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/astra-investigates-potential-illegal-short-selling\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/astra-investigates-potential-illegal-short-selling\\\/\",\"name\":\"Astra Investigates Potential Illegal Short Selling - 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