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Astra secures new debt agreement with assets as collateral

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, connected […]

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source https://techcrunch.com/2023/11/07/astra-secures-new-debt-agreement-with-assets-as-collateral/

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