Form type: SC 13D
Filing date: 2022-03-11
Accepted: 2022-03-11 22:22 UTC
Description: N/A
Document: formsc13d.htm
Format: html
Size: 94.3 KB
Download status: downloaded
SC 13D
0001493152-22-006680 — Filed 2022-03-11
Abel Avellan, founder and CEO of AST SpaceMobile, beneficially owns 78,163,078 shares representing 60.2% of Class A Common Stock plus 78,163,078 shares of Class C Common Stock carrying ten votes per share, giving him 88.31% total voting control. Through a business combination completed April 6, 2021, Avellan's existing ownership in AST & Science LLC was reclassified into redeemable common units and super-voting Class C shares, with restrictions on transfers until April 6, 2022, and contractual rights to nominate seven board members and serve as chairman under a stockholders' agreement with co-investors including Vodafone, Rakuten, and American Tower.