Summary by Moomoo AI
Ulrich Gall, a director and reported 10% owner of Astra Space, Inc., filed an Initial Statement of Beneficial Ownership of Securities with the SEC on March 18, 2024. The filing, required under Section 16(a) of the Securities Exchange Act of 1934, disclosed Gall's direct ownership of 2,667 shares of Class A Common Stock. Additionally, the document detailed Gall's holding of Senior Secured Convertible Notes due 2025, which are convertible into a maximum of 247,525 shares of Class A Common Stock at a price of approximately $0.808 per share. The notes are convertible at Gall's option, subject to certain limitations and adjustments. The filing also mentioned a group of selected investors, including Gall, who collectively may own more than 10% of Astra Space's registered securities. Gall, however, expressly disclaimed beneficial ownership over the shares owned by the other selected investors. The event requiring this statement occurred on March 8, 2024.