424B3

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

AI Summary

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.

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