S-3/A

AST SpaceMobile converted its Form S-1 registration statement to a Form S-3 on June 9, 2022, to establish a $75 million committed equity financing facility with B. Riley Principal Capital allowing the company to sell up to 10,087,876 shares of Class A common stock at its discretion over 24 months at volume-weighted average prices with a 3% discount. The company, which designs LEO satellites for direct mobile broadband coverage accessible by standard mobile phones, plans to launch commercial BlueBird satellites in 2023 and expects to achieve substantial global coverage by end of 2024 after deploying 110 satellites, though the service has not yet generated revenue and faces numerous execution and regulatory uncertainties.