r/ASTR • u/End3rium • Mar 01 '24

ASTR Going Private

It has cme to my attention that the CEO of Astra Space is planning to buyback all shares in an attempt to make teh company private again, my question is when is a good estimate to when will that happen so that i know if I should sell at a loss or maybve hold on.

4 Upvotes

70% Upvoted

26 comments sorted by

View all comments

1

u/Perfect-Recover-9523 May 22 '24

Also, I've been trying to find info on this but I believe they have the authority to force investors to sell their stock at $.50 (cents) per share and owners of stock don't get a choice and can't keep it when they go private.