10-K/A

0000950170-22-005980 — Filed 2022-04-22

Form type: 10-K/A

Filing date: 2022-04-22

Report date: 2021-12-31

Accepted: 2022-04-22 11:53 UTC

Description: 10-K/A

Document: asts-20211231.htm

Format: html (XBRL)

Size: 791.0 KB

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AI Summary

AST SpaceMobile filed an amended 10-K for fiscal year 2021 to add required executive compensation and governance disclosures that were omitted from the original filing. The company, which completed a business combination with New Providence Acquisition Corp. in April 2021 and trades on Nasdaq under ticker ASTS, reported that CEO Abel Avellan waived his salary while CFO Thomas Severson earned $593,879 in total compensation and newly hired General Counsel Brian Heller received $2.27 million including a $2.05 million equity award of restricted stock units. The company maintains a board with ten directors including representatives from major stakeholders Rakuten, Vodafone, and American Tower, with Avellan controlling approximately 88.3% of voting power through Class C common stock holdings.

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