Form type: SC 13D/A
Filing date: 2024-09-26
Accepted: 2024-09-26 20:57 UTC
Day change: +6.25% (2024-09-27)
Description: N/A
Document: formsc13da.htm
Format: html
Size: 61.7 KB
Download status: downloaded
SC 13D/A
0001493152-24-038336 — Filed 2024-09-26
Abel Avellan's beneficial ownership stake in AST SpaceMobile decreased from a higher percentage to 32.2% of Class A Common Stock (78.2 million shares) due to the company issuing new shares through warrant exercises and an at-the-market equity offering, though Avellan made no sales himself. Despite the dilution in Class A ownership, Avellan maintains a 79.3% voting control through his ownership of all Class C Common Stock, which carries ten votes per share.