---
title: "Astra Space Inc. Countdown to Delisting?"
id: 27357
type: "post"
slug: "astra-space-inc-countdown-to-delisting-astr-astraspace"
author: "NSE"
published: "2022-12-22T19:40:03+00:00"
modified: "2023-11-11T06:12:58+00:00"
canonical: "https://newspaceeconomy.ca/2022/12/22/astra-space-inc-countdown-to-delisting-astr-astraspace/"
markdown_url: "https://newspaceeconomy.ca/2022/12/22/astra-space-inc-countdown-to-delisting-astr-astraspace.md"
description: "Astra’s stock price continues its downward plummet, hitting an all time low of $0.405 on December 20, 2022. How much time do they have left?"
language: "en-US"
category:
  - "Space Economy"
  - "Space SPACs"
post_tag:
  - "Business"
  - "Space Companies"
---

# Astra Space Inc. Countdown to Delisting?

### Astra received an extension to October 2, 2023 to regain compliance

Please see this updated article[Astra Space Inc. Countdown to Delisting?](https://newspaceeconomy.ca/2023/04/11/astra-space-inc-countdown-to-delisting/)

Astra’s stock price continues its downward plummet, hitting an all time low of $0.405 on December 20, 2022. The downward trend is “not good” since the closing price of their stock must be at least $1 for a minimum of 10 consecutive business days in order to avoid a delisting notification from NASDAQ on April 4, 2023.

Astra has a few options to raise their stock price: positive news regarding customer contracts and cash position will certainly deliver a pop; and the other option is to do a reverse stock split. Time will tell… and the clock is ticking.

To understand how Astra ended up in this situation take a look at [Astra Space Inc. Company History 2016 to the Present](https://newspaceeconomy.ca/2022/09/23/astra-space-inc-company-history-2016-to-september-2022-astr-astraspace-stocks/). For more information about how the delisting process works see [Will Astra be delisted from the Nasdaq?](https://newspaceeconomy.ca/2022/08/24/will-astra-be-delisted-from-the-nasdaq-astr-astra-astraspace/) To see how Astra stacks up against other Space SPAC companies check this out [Space SPAC Companies Performance](https://newspaceeconomy.ca/2022/10/01/space-spac-companies-performance/). For a wider perspective on relative performance read [Space Companies Relative Performance (Publicly Listed)](https://newspaceeconomy.ca/2022/10/07/publicly-listed-space-related-companies-performance/).

![](https://i0.wp.com/newspaceeconomy.ca/wp-content/uploads/2022/12/img_1161.jpg?resize=696%2C489&ssl=1)

*Source: Apple Stocks*

![](https://i0.wp.com/newspaceeconomy.ca/wp-content/uploads/2022/12/img_1186.jpg?resize=696%2C587&ssl=1)

*Source: Astra SEC filing*