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
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
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.