NEW YORK, Sept. 1, 2026 /PRNewswire/ -- Levi & Korsinsky, LLP hereby issues the following Summary Notice pursuant to an order of the Court of Chancery of the State of Delaware issued on July 17, 2026:

IN THE COURT OF CHANCERY OF THE STATE OF DELAWARE

SUMMARY NOTICE OF PENDENCY AND PROPOSED SETTLEMENT OF STOCKHOLDER CLASS ACTION,
SETTLEMENT HEARING, AND RIGHT TO APPEAR

TO: All record and beneficial holders of shares of Astra Space, Inc. common stock as of July 18, 2024 who received cash consideration as a result of the merger between Astra Space, Inc. and Apogee Merger Sub Inc., including their heirs, successors-in-interest, successors, transferees, and assigns.

Any capitalized terms used in this Summary Notice that are not otherwise defined in this Summary Notice shall have the meanings given to them in the Stipulation and Agreement of Settlement, Compromise, and Release, dated July 13, 2026 (the "Stipulation" or "Settlement"). Copies of the Stipulation and the full Notice of Pendency and Proposed Settlement of Stockholder Class Action, Settlement Hearing, and Right to Appear (the "Notice") are available at the Settlement website: www.AstraStockholderSettlement.com. 

PLEASE READ THIS SUMMARY NOTICE CAREFULLY. YOUR RIGHTS WILL BE AFFECTED BY A CLASS ACTION LAWSUIT PENDING IN THIS COURT.

YOU ARE HEREBY NOTIFIED, pursuant to an Order of the Court of Chancery of the State of Delaware (the "Court"), that the above-captioned stockholder class action (the "Action") is pending in the Court.

YOU ARE ALSO NOTIFIED that (plaintiffs (i) Jonathan Horner, Michael Krene, and Jerry Hamelton ("Plaintiffs"), individually and on behalf of the Class (defined in the Stipulation); and (ii) defendants Chris C. Kemp and Adam P. London ("Defendants") have reached a proposed settlement for a cash payment in the amount of $2,700,000 in total (the "Settlement Amount"), as set forth in the Stipulation. The Settlement, if approved, will resolve all claims in the Action against the Defendants (collectively with Plaintiffs, the "Settling Parties," and each a "Settling Party"). A copy of the Stipulation of Settlement is available at www.astraspacestockholdersettlement.com. The Settlement, if approved by the Court, will resolve all claims in the Action against the Defendants.

A hearing (the "Settlement Hearing") will be held on October 27, 2026 at 11:00 a.m., before The Honorable Nathan A. Cook, Vice Chancellor, either in person at the Court of Chancery of the State of Delaware, Leonard L. Williams Justice Center, 500 North King Street, Wilmington, Delaware, 19801, or remotely by telephone or videoconference  (in  the  discretion  of  the  Court),  to,  among  other  things: (i) determine whether to finally certify the Class for settlement purposes only, pursuant to Court of Chancery Rules 23(a), 23(b)(1), and 23(b)(2); (ii) determine whether Plaintiffs and Plaintiffs' Counsel have adequately represented the Class, and whether Plaintiffs should be finally appointed as Class representatives for the Class and Plaintiffs' Counsel should be finally appointed as Plaintiffs' Counsel for the Class; (iii) determine whether the proposed Settlement should be approved as fair, reasonable, and adequate to the Class and in the best interests of the Class; (iv) determine whether the Action should be dismissed with prejudice and the Releases provided under the Stipulation should be granted; (v) determine whether the Order and Final Judgment approving the Settlement should be entered; (vi) determine whether the proposed Plan of Allocation of the Net Settlement Fund is fair and reasonable, and should therefore be approved; (vii) determine whether and in what amount any Fee and Expense Award should be paid to Plaintiffs' Counsel out of the Settlement Fund; (viii) determine whether and in what amount any service award should be paid to each plaintiff out of any Fee and Expense Award; (ix) to hear and rule on any objections to the Settlement, the proposed Plan of Allocation, and/or Plaintiffs' Counsel's application for a Fee and Expense Award; and (x) consider any other matters that may properly be brought before the Court in connection with the Settlement. Any updates regarding the Settlement Hearing, including any changes to the date or time of the hearing or updates regarding in-person or remote appearances at the hearing, will be posted to the Settlement website, www.AstraStockholderSettlement.com.

If you are a member of the Class, your rights will be affected by the pending Action and the Settlement, and you may be entitled to share in the Net Settlement Fund. You may obtain a copy of the Notice by downloading it from the Settlement website, www.astraspacestockholdersettlement.com, or by contacting the Settlement Administrator at P.O. Box 59479, Philadelphia, PA 19102-9497 or info@rg2claims.com.

If the Settlement is approved by the Court and the Effective Date occurs, the Net Settlement Fund will be distributed on a pro rata basis to Eligible Class Members in accordance with the terms of the proposed Plan of Allocation stated in the Notice or such other plan of allocation as is approved by the Court. Pursuant to the proposed Plan of Allocation, each Eligible Class Member will be eligible to receive a pro rata payment from the Net Settlement Fund equal to the product of: (a) the Net Settlement Fund; and (b) a fraction, the numerator of which is the number of Eligible Shares held by the Eligible Class Member, and the denominator of which is a number representing the total number of Eligible Shares. As explained in further detail in the Notice at Paragraphs 39-46, Eligible Class Members do not have to submit a claim form to receive a payment from the Settlement.

Any objections to the Settlement, the proposed Plan of Allocation, or Plaintiffs' Counsel's application for the Fee and Expense Award must be filed with the Register in Chancery in the Court of Chancery of the State of Delaware and delivered to Plaintiffs' Counsel and Defendants' Counsel such that they are received no later than October 12, 2026, in accordance with the instructions set forth in the Notice.

Please do not contact the Court or the Office of the Register in Chancery regarding this Summary Notice. All questions about this Summary Notice, the Settlement, or your eligibility to participate in the Settlement should be directed to the Settlement Administrator or Plaintiffs' Counsel.

Requests for the Notice should be made to the Settlement Administrator:

RG/2 Claims Administration
 P.O. Box 59479,
Philadelphia, PA 19102-9497
info@rg2claims.com 

Inquiries, other than requests for the Notice, should be made to Plaintiffs' Counsel:

Christopher P. Quinn, Esq.
Kahn Swick & Foti, LLC
112 French Street, Suite 201
Wilmington, DE 19801
chris.quinn@ksfcounsel.com

BY ORDER OF THE COURT OF CHANCERY OF THE STATE OF DELAWARE:

Dated: July 17, 2026

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SOURCE Levi & Korsinsky, LLP