Form type: SC 13D/A
Filing date: 2024-08-26
Accepted: 2024-08-26 20:05 UTC
Day change: -7.90% (2024-08-27)
Description: N/A
Document: formsc13da.htm
Format: html
Size: 60.3 KB
Download status: downloaded
0001493152-24-033869 — Filed 2024-08-26
Form type: SC 13D/A
Filing date: 2024-08-26
Accepted: 2024-08-26 20:05 UTC
Day change: -7.90% (2024-08-27)
Description: N/A
Document: formsc13da.htm
Format: html
Size: 60.3 KB
Download status: downloaded
Abel Avellan's beneficial ownership stake in AST SpaceMobile decreased from a higher percentage to 33.2% of Class A Common Stock (78.2 million shares) due to an increase in outstanding shares from public warrant exercises, though Avellan himself completed no transactions. Despite the dilution, Avellan maintains dominant voting control at 79.9% through his ownership of Class C Common Stock, which carries ten votes per share.