424B3

AST SpaceMobile completed its business combination with New Providence Acquisition Corp on April 6, 2021, raising $456.4 million in net proceeds and acquiring $360.4 million in cash by September 30, 2021, while advancing development of its BlueWalker 3 test satellite with $56.7 million invested in construction-in-progress. The company reported nine-month revenues of $6.2 million but operating losses of $60.5 million before accounting adjustments, driven primarily by $60.3 million in operating expenses for engineering, R&D, and general administrative costs as it continues designing and developing satellite technology for global cellular broadband connectivity.