{"id":786957,"date":"2023-09-28T19:21:13","date_gmt":"2023-09-28T23:21:13","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/astra-cures-bid-price-deficiency-and-regains-compliance-with-nasdaq-listing-standards\/"},"modified":"2023-09-28T19:21:13","modified_gmt":"2023-09-28T23:21:13","slug":"astra-cures-bid-price-deficiency-and-regains-compliance-with-nasdaq-listing-standards","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/astra-cures-bid-price-deficiency-and-regains-compliance-with-nasdaq-listing-standards\/","title":{"rendered":"Astra Cures Bid Price Deficiency and Regains Compliance with Nasdaq Listing Standards"},"content":{"rendered":"

<\/p>\n

Astra Cures Bid Price Deficiency and Regains Compliance with Nasdaq Listing Standards<\/b><\/p>\n

ALAMEDA, Calif.–(BUSINESS WIRE<\/a>)–
\nAstra Space, Inc. (\u201cAstra\u201d or the \u201cCompany\u201d) (Nasdaq: ASTR) today announced it has received notice from the Nasdaq Capital Market (\u201cNasdaq\u201d) on September 28, 2023, that the Company has regained compliance with Nasdaq\u2019s minimum bid price requirement.<\/p>\n

About Astra Space, Inc.<\/b><\/p>\n

\nAstra\u2019s mission is to Improve Life on Earth from Space\u00ae by creating a healthier and more connected planet. Astra pursues that mission through its Launch Services and Space Products businesses. Astra\u2019s Launch Services business offers one of the lowest cost-per-launch dedicated orbital launch services of any operational launch provider in the world. 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\u2019s Space Products business offers one of the industry\u2019s first flight-proven electric propulsion systems for satellites, the Astra Spacecraft Engine\u2122. Astra Spacecraft Engines\u2122 have extensive on-orbit flight heritage and are available as fully assembled units or as individual components in the Astra Propulsion Kit. Astra (NASDAQ: ASTR) was the first space launch company to be publicly traded on Nasdaq. Visit astra.com<\/a> to learn more about Astra.<\/p>\n

Safe Harbor Statement<\/b><\/p>\n

\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; (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.<\/p>\n

\"\"<\/p>\n

View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20230928349501\/en\/<\/a><\/span><\/p>\n

\nAstra Investor Contact:
\n
Investors@astra.com<\/a><\/p>\n

\nAstra Media Contact:
\n
Press@astra.com<\/a><\/p>\n

KEYWORDS:<\/b> California United States North America<\/p>\n

INDUSTRY KEYWORDS:<\/b> Technology Aerospace Manufacturing Satellite<\/p>\n

MEDIA:<\/b><\/p>\n\n\n\n\n
Logo<\/b><\/font><\/td>\n<\/tr>\n
\"Logo\"<\/td>\n<\/tr>\n
<\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"

Astra Cures Bid Price Deficiency and Regains Compliance with Nasdaq Listing Standards ALAMEDA, Calif.–(BUSINESS WIRE)– Astra Space, Inc. (\u201cAstra\u201d or the \u201cCompany\u201d) (Nasdaq: ASTR) today announced it has received notice from the Nasdaq Capital Market (\u201cNasdaq\u201d) on September 28, 2023, that the Company has regained compliance with Nasdaq\u2019s minimum bid price requirement. About Astra Space, Inc. Astra\u2019s mission is to Improve Life on Earth from Space\u00ae by creating a healthier and more connected planet. Astra pursues that mission through its Launch Services and Space Products businesses. Astra\u2019s Launch Services business offers one of the lowest cost-per-launch dedicated orbital launch services of any operational launch provider in the world. Astra delivered its first commercial launch to low Earth orbit in 2021, … <\/p>\n

Continue reading “Astra Cures Bid Price Deficiency and Regains Compliance with Nasdaq Listing Standards”<\/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-786957","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nAstra Cures Bid Price Deficiency and Regains Compliance with Nasdaq Listing Standards - 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-cures-bid-price-deficiency-and-regains-compliance-with-nasdaq-listing-standards\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Astra Cures Bid Price Deficiency and Regains Compliance with Nasdaq Listing Standards - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Astra Cures Bid Price Deficiency and Regains Compliance with Nasdaq Listing Standards ALAMEDA, Calif.–(BUSINESS WIRE)– Astra Space, Inc. (\u201cAstra\u201d or the \u201cCompany\u201d) (Nasdaq: ASTR) today announced it has received notice from the Nasdaq Capital Market (\u201cNasdaq\u201d) on September 28, 2023, that the Company has regained compliance with Nasdaq\u2019s minimum bid price requirement. About Astra Space, Inc. Astra\u2019s mission is to Improve Life on Earth from Space\u00ae by creating a healthier and more connected planet. Astra pursues that mission through its Launch Services and Space Products businesses. Astra\u2019s Launch Services business offers one of the lowest cost-per-launch dedicated orbital launch services of any operational launch provider in the world. 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