EFFECT

AST SpaceMobile's S-3 registration statement became effective on November 10, 2022, allowing the company to offer and sell securities to the public on an expedited basis. The S-3 form enables AST SpaceMobile to conduct primary and secondary offerings of common stock, preferred stock, debt securities, and other instruments without the full disclosure requirements of other registration forms. This effectiveness provides the company with regulatory clearance to access capital markets for future fundraising needs.