The post Astra to raise up to $65 million in stock sale appeared first on SpaceNews.
Astra to raise up to $65 million in stock sale
Written by Jeff Foust Monday, 10 July 2023 22:18![](/plugins/content/jlexcomment/assets/icon.png)
![Astra Rocket 4](https://i0.wp.com/spacenews.com/wp-content/uploads/2023/05/astra-rocket4.jpg?fit=300%2C199&ssl=1)
Faced with dwindling cash and a stock delisting, Astra Space announced plans July 10 to perform a reverse split of its stock and sell up to $65 million of it.