Form type: 8-K
Filing date: 2025-05-13
Report date: 2025-05-13
Accepted: 2025-05-13 12:37 UTC
Items: 1.01,9.01
Day change: -2.25% (2025-05-13)
Description: 8-K
Document: d859773d8k.htm
Format: html (XBRL)
Size: 28.6 KB
Download status: downloaded
Current Report (8-K)
0001193125-25-118366 — Filed 2025-05-13
AST SpaceMobile established a $500 million at-the-market equity offering program on May 13, 2025, allowing the company to sell Class A common stock over a three-year period through nine sales agents including B. Riley Securities, Barclays Capital, and BofA Securities, with agents earning up to 3% commission on sales. The company simultaneously terminated its prior equity distribution agreement from September 2024 and added William Blair & Company as a new agent to the program.