Form 8-K · Current Report · Filed 2025-03-03
Astera Labs Appoints Dr. Craig Barratt to Board of Directors
On March 2, 2025, Astera Labs, Inc. announced the appointment of Dr. Craig Barratt to its Board of Directors, increasing the board size from seven to eight. Dr. Barratt, an independent director, brings extensive experience in scaling technology companies and has served as a board member for several tech firms. He will receive compensation in line with the company's policy for non-employee directors, including a one-time restricted stock unit award and standard indemnification. Dr. Barratt's expertise is expected to support Astera Labs in its expansion in AI and cloud infrastructure connectivity.
- Filer
- Astera Labs Inc. ALAB · NASDAQ
- Filed
- Accession
- 0001736297-25-000018
- CIK
- 0001736297
- Signal
- High impactTechnology
- Source
- Official filing on sec.gov ↗
Items reported
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers
Financial Statements and Exhibits
Market reaction
Close before filing
$74.35
Next session
-6.3%
Since filing
+318.6%
Latest close
$311.23
What happened, not what will happen — closing prices around the filing date.
Precedent
Previous filings from ALAB reporting the same item, with the next session's move:
Exhibits (1)
About Astera Labs Inc.
Astera Labs Inc. is a semiconductor company that specializes in providing purpose-built connectivity solutions that tackle data and processing bottlenecks in data centers. Its primary function is to design and manufacture chipsets and integrated circuits that optimize the performance of cloud and enterprise datacenter infrastructure. Astera Labs' products are designed to facilitate the smooth transfer of data across high-speed data paths, which is crucial for the operation of machine learning and artificial intelligence workloads. The company serves a diverse range of industries, from cloud service providers to server and storage system developers, addressing the increasing demands for higher data transfer rates and system efficiency. Headquartered in Silicon Valley, Astera Labs plays a pivotal role in advancing semiconductor technology, positioning itself as a key player in the ongoing push towards faster, more reliable data flows in next-generation computing environments. Its innovations are integral to supporting the scalability and performance requirements of modern data-centric applications.
Never miss another ALAB filing
Profitelligence watches EDGAR around the clock and alerts you within seconds.