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Astra outlines its plan to avoid Nasdaq delisting, including possible reverse stock split

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Summary
Nutrition label

72% Informative

Small rocket builder Astra is seeking a 180-day extension to Nasdaq's deadline for the company's stock to return above $1 a share.

If successful, the appeal would give Astra until Oct. 1 to get its shares above.

Astra also noted the possibility of conducting a reverse stock split to get back into compliance.

VR Score

77

Informative language

77

Neutral language

82

Article tone

semi-formal

Language

English

Language complexity

48

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

no external sources

Source diversity

no sources

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