Holicity Inc., a Delaware corporation (the “Company”) (Nasdaq: HOLUU, HOL,
HOLUW), announced today that its registration statement on Form S-4 (File No.
333-255703) (as amended, the “Registration Statement”), relating to the
previously announced business combination (the “Business Combination”) with
Astra Space, Inc. (“Astra”), has been declared effective by the U.S.
Securities and Exchange Commission (“SEC”) and that it has commenced mailing
the definitive proxy statement/prospectus relating to the Special Meeting (the
“Special Meeting”) of the Company’s stockholders to be held on June 30, 2021
in connection with the Business Combination. The proxy statement/prospectus is
being mailed to the Company’s stockholders of record as of the close of
business on May 24, 2021 (the “Record Date”).

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