Form type: 424B3
Filing date: 2022-04-28
Accepted: 2022-04-28 00:53 UTC
Description: N/A
Document: form424b3.htm
Format: html
Size: 300.4 KB
Download status: downloaded
0001493152-22-011371 — Filed 2022-04-28
Form type: 424B3
Filing date: 2022-04-28
Accepted: 2022-04-28 00:53 UTC
Description: N/A
Document: form424b3.htm
Format: html
Size: 300.4 KB
Download status: downloaded
AST SpaceMobile filed an amended annual report for 2021 to add required corporate governance disclosures including information on directors, executive compensation, and board committee structure. The company's CEO Abel Avellan holds approximately 88.3% of voting power through Class C shares, while strategic investors including Rakuten, Vodafone, and American Tower hold board seats and have exclusivity or partnership agreements with the company. Executive compensation included a $350,000 bonus for CFO Thomas Severson and a $2.05 million equity award to General Counsel Brian Heller, who joined in February 2021 at a $250,000 annual salary.