Summary by Moomoo AI
On April 10, 2024, Astra Space, Inc. announced the entry into a Third Amendment to its Securities Purchase Agreement and Senior Secured Convertible Notes. This amendment modifies the terms of the original Securities Purchase Agreement dated August 4, 2023, and subsequent amendments and agreements. Key changes include extending the deadline for Subsequent Closing from April 30, 2024, to June 30, 2024, increasing the maximum principal amount of the convertible notes from $35 million to $50 million, and extending the deadline for filing a registration statement for the resale of the Underlying Shares. The amendment also updates the schedule of buyers. These convertible notes are part of the company's ongoing financing efforts, with previous issuances and amendments reported in several Current Reports on Form 8-K filed with the SEC throughout 2023 and 2024. The amendment is detailed in Exhibit 10.1, which is incorporated by reference.