Astra Space, Inc. announced that it has entered into a Purchase Agreement with returning investor SherpaVentures Fund II, LP managed by ACME, LLC and new investors Kemp Trust, London and Wynn to issue 12% senior secured convertible promissory notes due 2025 in the aggregate principal amount of $500,000 and Common Stock Purchase Warrant to purchase up to 216,584 shares of the Class A Common Stock at a purchase price of $0.125 per Subsequently Purchased Warrant for an aggregate purchase price of $27,073, for total gross proceeds of $527,073 on July 3, 2024. The Subsequently Purchased Warrants are exercisable at an exercise price of $0.808 per share of Class A Common Stock, subject to certain adjustments and expire on days between June 28, 2029 and July 3, 2029. The Subsequently Purchased Convertible Notes and the Subsequently Purchased Warrants were offered and sold, as applicable, to the Subsequent Financing Investors in transactions exempt from registration under the Securities Act in reliance on Section 4(a)(2) thereof and Rule 506(b) of Regulation D thereunder.