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RE: LeoThread 2024-10-25 09:33

The company spent a number of months searching — and failing to secure — enough financing to stay afloat on the public markets. The saga culminated in March when the company announced that the board had accepted an offer from co-founders Chris Kemp and Adam London to purchase the remaining Astra stock at a price of just $0.50 per share. Astra ceased trading on the Nasdaq in July.