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Space hotel startup Above Space settles with SEC over final $91,100 raise

Original: Space hotel startup Above Space settles with SEC after final raise of $91,100

Above Space, a startup developing a space hotel concept, has reached a settlement with the US Securities and Exchange Commission after completing what it described as its final funding raise of $91,100. Details of the terms remain thin, and the small size of the raise has drawn attention given the company's ambitious orbital hospitality plans. Observers are questioning how the regulatory settlement affects its future fundraising.

Why now: A space hotel startup clashing with the SEC while raising a surprisingly small amount invites curiosity about its viability and regulatory troubles.

Above SpaceUS Securities and Exchange Commission

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• Space hotel startup Above Space settles with SEC after final raise of $91,100 · Dealroom

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