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ONGOING INVESTIGATION NOTICE: The Schall Law Firm Announces it is Investigating Claims Against Astra Space, Inc. and Encourages Investors to Contact the Firm

Monday, 11 March 2024 12:00 AM

The Schall Law Firm

LOS ANGELES, CA / ACCESSWIRE / March 11, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors in Astra Space, Inc. ("Astra" or "the Company") (NASDAQ:ASTR) for potential breaches of fiduciary duty on the part of its directors and management.

The investigation focuses on determining if the Astra board breached its fiduciary duties to shareholders. The Company announced on March 7, 2024, "that it has entered into a definitive merger agreement pursuant to which the acquiring entity (the "Parent") has agreed, subject to customary closing conditions, to acquire all shares of Astra common stock not already owned by it for $0.50 per share in cash. On March 6, 2024, the closing price of Astra's Class A common stock was $0.86 per share."

If you are a shareholder, click here to participate.

We also encourage you to contact Brian Schall of the Schall Law Firm, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm's website at, or by email at [email protected].

The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.


The Schall Law Firm
Brian Schall, Esq.,
Office: 310-301-3335
[email protected]

SOURCE: The Schall Law Firm

Class Action
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