Astra Space gains as firm confirms access to its entire cash held at SVB

Astra Space

14/03/2023 11:51

** Shares of rocket-maker firm Astra Space Inc  ASTR.O  rise
5.3% to 46 cents premarket
    ** Co says it has access to all of its cash held on deposit
with Silicon Valley Bank
    ** Earlier on Monday, ASTR said it had 15% of its cash and
cash equivalents held at SVB Financial Group  SIVB.O  
    ** Up to last close, stock had risen ~1% YTD

 (Reporting by Akash Sriram in Bengaluru)
 ((Akash.Sriram@thomsonreuters.com; https://twitter.com/hoodieonveshti;))