Astra (NASDAQ:ASTR) announced that it will be calling its warrants for shares as of December 27 based on the share trading above the $10.00 trigger price.
Warrantholders have until 5 pm EST on the 27th of December to exercise their warrants on a “cashless basis”. Alternatively, warrantholders may elect to receive 0.25226 shares of common stock per warrant instead of redeeming at the redemption price or exercising it on a “cashless basis.”
Holicity, Inc. completed its combination with Astra on June 30th. Astra has developed a satellite-delivery rocket system that reached space successfully in December 2020 and aims to begin commercial launches in 2021.
Astra has developed a satellite-delivery rocket system that reached space successfully in December of 2020 and recently completed its first commercial orbital launch in November 2021. ASTR closed at $10.47 on Wednesday, November 24.
AltC (NYSE:ALCC) has reportedly been taking the pitch deck for its combination with nuclear fission firm Oklo on the road in recent weeks, which has generated the rare result of a SPAC trading significantly above its trust value still well before completing its deal. The SPAC has an estimated $10.59 per share in its trust...
Trump Media (NASDAQ:DJT) is down about -15% in the pre-market following the filing of its first S-1 since closing its combination with Digital World, and this includes the issuance of the 21,491,251 shares. Of these, 14,375,000 are to be made available for those exercising warrants while the rest would go out to note holders from...
At the SPAC of Dawn This week, bookended by the end of Ramadan and the beginning of Passover, could wind up stacked with events to avoid those holiday times, but for now SPACs have scheduled just six extension votes for this stretch. Redwood (NASDAQ:RWOD) and Genesis Growth Tech (OTC:GGAAF) have yet to release results from...
Terms Tracker for the Week Ending April 12, 2024 Welcome to our weekly column where we discuss the findings from our IPO terms tracker based on the previous week’s pricings. The month of April is still feeling pretty sleepy, but there’s reason to believe that will change relatively soon with some notable events lined up...
The SPAC boom of 2020-2021 brought the asset class into sectors they had never entered before and that had generated few if any public companies of any kind. Space was one of these, but it appeared to be a passing fascination as soon as macro financial winds changed. That could be about to change once...