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AST SpaceMobile announced a registered direct offering of 1.86 million shares at $96.92 per share, raising approximately $180.5 million to help fund the repurchase of $46.5 million principal amount of 4.25% convertible notes. Concurrently, the company is offering $1 billion in 2.25% convertible senior notes due 2036 and conducting a separate offering of 4.48 million shares to repurchase $250 million principal amount of 2.375% convertible notes, as the satellite broadband company continues funding its constellation deployment and the Ligado spectrum transaction.