Form type: 424B3
Filing date: 2021-05-18
Accepted: 2021-05-18 14:37 UTC
Description: N/A
Document: form424b3.htm
Format: html
Size: 421.3 KB
Download status: downloaded
0001493152-21-012088 — Filed 2021-05-18
Form type: 424B3
Filing date: 2021-05-18
Accepted: 2021-05-18 14:37 UTC
Description: N/A
Document: form424b3.htm
Format: html
Size: 421.3 KB
Download status: downloaded
New Providence Acquisition Corp. completed its merger with AST & Science LLC on April 6, 2021, acquiring approximately $227 million in trust account proceeds and raising an additional $230 million through private investment, resulting in the renamed AST SpaceMobile, Inc. beginning trading on Nasdaq under ticker ASTS with an up-C corporate structure. The company identified a material weakness in its warrant accounting controls related to improper classification of warrants issued during its September 2019 initial public offering, which required amendment of its prior-year financial statements following SEC guidance issued in April 2021.