Form type: 8-K
Filing date: 2025-02-07
Report date: 2025-02-05
Accepted: 2025-02-07 13:30 UTC
Items: 1.01,9.01
Day change: -2.25% (2025-02-07)
Description: N/A
Document: form8-k.htm
Format: html (XBRL)
Size: 37.3 KB
Download status: downloaded
Current Report (8-K)
0001493152-25-005306 — Filed 2025-02-07
Rakuten Mobile reduced its board designation rights at AST SpaceMobile from two directors to one director and gained one observer seat, with the company's board size decreasing from 13 to 12 members to eliminate Rakuten's previously vacant directorship seat. The change was formalized through a First Amendment to the Stockholders' Agreement signed on February 5, 2025, and does not alter the current board composition. This adjustment follows Rakuten's October 2024 completion of a blocker merger that consolidated its economic interests in the company.