S-1/A

AST SpaceMobile entered into a $75 million committed equity financing arrangement with B. Riley Principal Capital on May 6, 2022, allowing the company to sell up to 10 million shares of Class A Common Stock at its discretion over 24 months, with the selling stockholder receiving commitment fees of up to 87,876 additional shares. The company, which is developing a satellite-based mobile broadband network to provide global cellular coverage through 168 LEO satellites expected to launch starting in 2023, reported a net loss of $10.7 million for Q1 2022 and faces significant capital requirements estimated at approximately $1.9 billion to complete its full constellation and infrastructure.