424B5

AST SpaceMobile entered into an at-the-market equity offering agreement with Evercore and B. Riley Securities to sell up to $150 million in Class A Common Stock, with the company retaining broad discretion over proceeds use for general corporate purposes. The offering carried a 3% agent commission and an assumed dilution of $3.47 per share for new investors at the $10.25 September 2022 share price, while existing shareholders would see a $0.87 per share increase in net tangible book value.