Form type: SC 13D/A
Filing date: 2024-06-14
Accepted: 2024-06-14 21:08 UTC
Day change: +14.97% (2024-06-17)
Description: N/A
Document: formsc13da.htm
Format: html
Size: 59.9 KB
Download status: downloaded
0001493152-24-023917 — Filed 2024-06-14
Form type: SC 13D/A
Filing date: 2024-06-14
Accepted: 2024-06-14 21:08 UTC
Day change: +14.97% (2024-06-17)
Description: N/A
Document: formsc13da.htm
Format: html
Size: 59.9 KB
Download status: downloaded
Abel Avellan's beneficial ownership stake in AST SpaceMobile decreased from a higher percentage to 35.2% of Class A Common Stock (78,163,078 shares) due to the company issuing additional shares under an equity distribution agreement, not from any sales by Avellan himself. Despite the dilution in Class A ownership, Avellan maintains an 81% voting interest through his ownership of all Class C Common Stock, which carry ten votes per share with no economic rights.