Form type: 8-K
Filing date: 2024-09-05
Report date: 2024-09-05
Accepted: 2024-09-05 13:35 UTC
Items: 1.01,9.01
Day change: -14.00% (2024-09-05)
Description: 8-K
Document: d651229d8k.htm
Format: html (XBRL)
Size: 28.2 KB
Download status: downloaded
0001193125-24-213775 — Filed 2024-09-05
Form type: 8-K
Filing date: 2024-09-05
Report date: 2024-09-05
Accepted: 2024-09-05 13:35 UTC
Items: 1.01,9.01
Day change: -14.00% (2024-09-05)
Description: 8-K
Document: d651229d8k.htm
Format: html (XBRL)
Size: 28.2 KB
Download status: downloaded
AST SpaceMobile entered into an at-the-market equity distribution agreement on September 5, 2024 to sell up to $400 million of Class A common stock over a three-year period through eight sales agents including B. Riley Securities, Barclays, BofA Securities, and others. The company will pay the agents a 3% commission on gross sales and is not obligated to sell any shares under the agreement, which can be suspended or terminated at any time.