From CNBC.:

Space company Astra will go private in a deal with founders Kemp and London to acquire all stock at 50 cents a share, expected to close in the second quarter. Astra’s market value at $13 million, a fraction of its $2.6 billion IPO valuation. Company halted rocket launches after multiple failures and revenue challenges.



Read more at CNBC.: Space company Astra going private to avoid bankruptcy