Summary by Moomoo AI
Astra Space, Inc. has filed a Form 12b-25 with the Securities and Exchange Commission to notify a delay in the submission of its annual report on Form 10-K for the period ended December 31, 2023. The company cited the significant resources required for preparing the Form 10-K, alongside ongoing negotiations and finalization of a merger with Apogee Parent Inc. and its subsidiary, as well as recent financing transactions, as reasons for the delay. Astra Space is working diligently to complete its financial statements and expects to file the Form 10-K within the fifteen-day extension period provided by Rule 12b-25. The company has been actively engaged in discussions regarding additional senior secured convertible notes issuances. All other periodic reports have been filed as required, and no significant changes in results of operations are anticipated in the earnings statements from the last fiscal year. The notification was signed by Axel Martinez on March 29, 2024.