Brief: Astra Provides An Update On Preserving Co's Nasdaq listing

Astra Space

16/03/2023 20:30

March 16 (Reuters) - Astra Space Inc  ASTR.O :
    * ASTRA- ON MARCH 13, ASTRA SUBMITTED AN APPLICATION TO
NASDAQ FOR
AN ADDITIONAL 180-DAY PERIOD TO COMPLY WITH THE MINIMUM BID
PRICE REQUIREMENT
    * ASTRA- EXPECT TO HEAR BACK FROM NASDAQ REGARDING STATUS OF
APPLICATION ON OR AROUND APRIL 5; NOT AWARE REASON WHY
APPLICATION WOULD NOT BE APPROVED
    * ASTRA- IF STOCK PRICE REACHES $1.00 MINIMUM FOR 10
CONSECUTIVE
DAYS DURING EXTENDED COMPLIANCE PERIOD, EXPECT NASDAQ TO CONFIRM
COMPLIANCE

Source text: https://bit.ly/3YVoLyW
Further company coverage:  ASTR.O 

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