Registration Statement (S-1)

AST SpaceMobile completed a business combination with New Providence Acquisition Corp. in April 2021 to become a publicly traded satellite communications company developing a space-based cellular broadband network designed to provide direct connectivity to standard mobile phones globally. The company entered into a $75 million committed equity financing arrangement with B. Riley Principal Capital on May 6, 2022, allowing AST to sell up to 10 million shares of Class A Common Stock at its discretion over 24 months, with proceeds intended for working capital and general corporate purposes to support development of its 168-satellite constellation and infrastructure. As a pre-revenue company, AST reported net losses of $30.6 million for 2021 and $70.5 million cumulatively through year-end 2021, with significant capital expenditure requirements estimated at $1.9 billion to complete the full SpaceMobile Service deployment targeted for 2024-2025.