Astra secures new debt agreement with assets as collateral

TechCrunch
By Aria AlamalhodaeiNov 7, 2023, 3:13 pm419 ptsTop
Astra has been thrown a critical lifeline in the form of new debt financing, which provides the company with a little more time to find funding to stave off catastrophe. The company said on Monday that it had closed $13.4 million in initial debt financing with JMCM Holdings LLC and Sherpa Venture Funds II,…

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