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0001104659-21-051552 — Filed 2021-04-16

Form type: 3

Filing date: 2021-04-16

Report date: 2021-04-06

Accepted: 2021-04-17 01:49 UTC

Description: OWNERSHIP DOCUMENT

Document: xslF345X02/tm2112493d2_3.xml

Format: xml

Size: 28.7 KB

Download status: downloaded

AI Summary

Gustavo A. Cisneros and his affiliated entity Invesat LLC disclosed their initial beneficial ownership stakes in AST SpaceMobile following the company's April 6, 2021 business combination closing, acquiring approximately 10.2 million Class B common units and 200,000 Class A shares through a $2 million PIPE investment plus earlier purchases of New Providence Acquisition Corp units. The reporting persons also hold derivative securities including warrants exercisable at $11.50 per share, call options at $20 per share, and incentive equity options, with their holdings subject to a stockholders' agreement requiring coordinated voting on certain company matters alongside other major shareholders including Vodafone Ventures and Rakuten Mobile.

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