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Vodafone Ventures Ltd and its parent Vodafone Group Plc disclosed beneficial ownership of over 10% of AST SpaceMobile following the April 6, 2021 business combination between New Providence Acquisition Corp. and AST & Science LLC, acquiring 1 million Class A shares, 9.04 million Class B shares, and 9.04 million AST Common Units that are convertible to Class A shares starting April 6, 2022. The AST Common Units were issued through a reclassification of existing limited liability company units at a conversion ratio of 1-to-14.50149869, establishing Vodafone as a significant strategic investor in the newly public satellite communications company.