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Astra Space and Holicity have successfully completed their merger, making Astra a publicly traded company under the ticker symbol “ASTR” on Nasdaq as of July 1, 2021. The merger generated approximately $500 million in cash to support Astra's growth and expansion in the space sector, which includes over 50 planned launches starting in Summer 2021. Astra's CEO Chris Kemp commented on the significance of this milestone for the company's mission to improve life on Earth from space.
Holicity Inc. (NASDAQ: HOL) has reiterated its Board of Directors' recommendation for shareholders to approve the business combination with Astra Space, Inc. during a Special Meeting scheduled for June 30, 2021. Stockholders who held shares on May 24, 2021, are urged to vote, as a lack of participation could delay the merger. Holicity emphasizes the importance of retail investors casting their votes and has provided resources for assistance. The registration statement on Form S-4 containing key details about the merger has been filed with the SEC and is available for review.
Holicity Inc. (Nasdaq: HOLUU, HOL, HOLUW) has received SEC approval for its Form S-4 registration statement regarding the business combination with Astra Space, Inc. The definitive proxy statement/prospectus is being mailed to stockholders, with a meeting scheduled for June 30, 2021. Astra has secured contracts with NASA and Planet and is expanding its factory while advancing technology through its acquisition of Apollo Fusion. These developments support Astra's goal to become a publicly-traded space launch company, aiming for significant growth in the burgeoning space economy.
Astra Space Inc. announced that CFO Kelyn Brannon will participate in the Susquehanna Space Industry Conference on May 19 at 10:00 a.m. ET. Astra recently proposed a business combination with Holicity (Nasdaq: HOL), expected to complete in Q2 2021. This transaction is subject to stockholder approval and regulatory conditions. Interested parties can find more information on the investor relations website and the SEC's site. Astra, founded in 2016, aims to launch innovative space services to benefit life on Earth.
Astra Space Inc. is set to host a virtual Investor Day on April 14, 2021, at 8:00 a.m. PT, where its leadership team will present and engage in a Q&A session. This event comes alongside a proposed merger with Holicity Inc. (Nasdaq: HOL), a special purpose acquisition company, initially announced on February 2, 2021. The merger is expected to close in Q2 2021, pending stockholder approval and regulatory conditions. Further details on the merger process, including a forthcoming proxy statement/prospectus, will be available on the SEC and Astra's investor site.
Astra Space announced that CEO Chris Kemp will participate in the Canaccord Genuity 2nd Annual NewSpace Summit on March 30, 2021. He will be part of the “Rising Stars of NewSpace” panel, joining other industry leaders.
The company, along with Holicity Inc. (Nasdaq: HOL), revealed a proposed business combination on February 2, 2021, expected to close in Q2 2021, subject to shareholder and regulatory approvals. Holicity will file necessary documentation with the SEC regarding the transaction.
Astra Space Inc., recognized as the fastest privately-funded company to achieve orbital launch capability, announced CEO Chris Kemp's participation in the BofA Securities Space, Transportation, Aviation, and Autos Research Summit (STAARS 2021) on March 22, 2021. This follows Astra's proposed business combination with Holicity Inc. (Nasdaq: HOL), announced on February 2, 2021, with completion expected in Q2 2021. The transaction awaits stockholder approval and regulatory clearance from the SEC. For further details, visit Astra's investor relations.
Astra Space Inc., the fastest privately funded company to achieve orbital launch capability, announced CEO Chris Kemp's participation in the Roth Capital Partners 33rd Annual Growth Stock Conference on March 16 at 12:30 p.m. ET. Additionally, Astra and Holicity Inc. (Nasdaq: HOL) proposed a business combination on February 2, 2021, expected to finalize in Q2 2021. Holicity, a SPAC, will file registration statements with the SEC for stockholder approval, with relevant details available on both companies' investor relations websites.
Astra, the fastest privately-funded company to achieve orbital launch capability, has announced a business combination with Holicity (NASDAQ: HOL). This agreement values Astra at approximately $2.1 billion and is expected to generate up to $500 million in cash, including $300 million from Holicity's trust account and a $200 million PIPE led by BlackRock. Astra aims to provide daily access to low Earth orbit, with over 50 launches contracted and $150 million in revenue. The transaction is anticipated to close in Q2 2021, pending Holicity's stockholder approval.
