EFFECT

AST SpaceMobile's S-3 registration statement became effective on July 1, 2022, allowing the company to offer and sell securities to the public under a streamlined registration process. The S-3 form enables AST SpaceMobile to conduct future securities offerings more efficiently without pre-specifying the exact amounts or prices of securities being registered. This effectiveness provides the company with increased flexibility to raise capital for its satellite-based cellular broadband operations.