SCHEDULE 13D/A

0001641172-25-019765 — Filed 2025-07-15

Form type: SCHEDULE 13D/A

Filing date: 2025-07-15

Accepted: 2025-07-15 22:17 UTC

Day change: +2.95% (2025-07-16)

Description: N/A

Document: xslSCHEDULE_13D_X01/primary_doc.xml

Format: xml

Size: 24.9 KB

Download status: downloaded

AI Summary

Abel Avellan's beneficial ownership stake in AST SpaceMobile decreased from a higher percentage to 23.0% of Class A Common Stock (78,163,078 shares) following the company's July 3, 2025 registered direct offering and concurrent $225 million repurchase of convertible notes, plus ongoing equity sales under an at-the-market facility. Despite the dilution, Avellan maintains dominant 74.1% voting control through his ownership of all Class C Common Stock, which carries ten votes per share, and he made no personal stock transactions during the period.

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