Filings
542 filings found
| Date | Type | Summary | |
|---|---|---|---|
| 2024-07-01 | 3 | Maya Bernal, Chief Accounting Officer of AST SpaceMobile, filed an initial beneficial ownership statement on June 19, 2024, disclosing direct ownership of 78,517 shares of Class A Common Stock. The disclosure includes 55,000 restricted stock units granted in two tranches that vest over two to three years conditional on continued service with the company. | r/ASTS |
| 2024-06-26 | UPLOAD | Annual report to shareholders (PDF document). View the original document for full content. | r/ASTS |
| 2024-06-25 | 8-K | Alexander Coleman resigned from the Board on June 19, 2024, citing no disagreements with the Company, and was replaced by Christopher Sambar, an AT&T executive serving as Head of Network, who was appointed effective June 20, 2024 under AT&T's director nomination rights per a stockholders agreement dated June 5, 2024. Sambar declined all cash and equity compensation for his Board service and will stand for election at the 2024 Annual Meeting as AT&T's director nominee. | r/ASTS |
| 2024-06-25 | 8-K | AST SpaceMobile announced significant executive leadership changes on June 19, 2024, appointing Scott Wisniewski as President, Andrew M. Johnson as Chief Financial Officer, Shanti Gupta as Chief Operating Officer, and Maya Bernal as Chief Accounting Officer, with all four executives retaining or assuming additional responsibilities. Outgoing CFO Sean Wallace will depart effective July 12, 2024, but will continue as a consultant through November 30, 2024, receiving $93,750 in severance payments and acceleration of certain vested equity. The company stated there were no disagreements with Wallace regarding operations or policies. | r/ASTS |
| 2024-06-14 | 144 | Brian Heller, an officer at AST SpaceMobile, proposed selling 154,439 shares of class A common stock on June 14, 2024, with an aggregate market value of approximately $1.53 million through UBS Financial Services. The shares being sold consist of restricted stock awards that vested on various dates between February 2022 and March 2024, representing normal equity compensation exercises rather than a discretionary investment decision. | r/ASTS |
| 2024-06-14 | SC 13D/A | Abel Avellan's beneficial ownership stake in AST SpaceMobile decreased from a higher percentage to 35.2% of Class A Common Stock (78,163,078 shares) due to the company issuing additional shares under an equity distribution agreement, not from any sales by Avellan himself. Despite the dilution in Class A ownership, Avellan maintains an 81% voting interest through his ownership of all Class C Common Stock, which carry ten votes per share with no economic rights. | r/ASTS |
| 2024-06-11 | S-3 | AST SpaceMobile registered 10.4 million shares of Class A Common Stock for resale by Antares Technologies LLC, a entity ultimately controlled by the Cisneros family trust following Gustavo Cisneros's death in December 2023, though the company will receive no proceeds from the sales. The filing reflects AST's advancement toward commercial satellite operations, with five Block 1 BB satellites expected to transport to launch sites between July and August 2024, planned limited service initiation in targeted U.S. areas, and development of next-generation Block 2 BB satellites featuring an in-house ASIC chip designed for significantly higher throughput capacity. | r/ASTS |
| 2024-06-10 | SC 13D/A | Adriana Cisneros filed an amended disclosure correcting her beneficial ownership of 769,838 shares (0.6% of the class) in AST SpaceMobile, including 36,364 directly held Class A shares that were inadvertently omitted from the prior amendment. On June 4-5, 2024, AST SpaceMobile amended its stockholders' and registration rights agreements to transfer rights previously held by Invesat to Antares Technologies and grant AT&T certain governance rights in connection with AT&T's investment and commercial arrangement with the company. | r/ASTS |
| 2024-06-07 | 8-K | AST SpaceMobile amended its Stockholders' Agreement and Registration Rights Agreement to grant AT&T the right to nominate a representative to serve as either a non-voting observer or director on the company's board, fulfilling commitments made in connection with AT&T's convertible notes investment from January 2024. The amendments also replaced Invesat LLC with Antares Technologies LLC as a party to both agreements and removed certain expired rights while streamlining procedures for blocker merger transactions. | r/ASTS |
| 2024-06-05 | 3 | Johan Wibergh, who became a director of AST SpaceMobile on June 3, 2024, filed an initial beneficial ownership statement indicating he holds no securities in the company as of that date. The Form 3 filing is a standard disclosure requirement for newly appointed officers or directors and reflects Wibergh's zero equity position at the time of his appointment. | r/ASTS |
| 2024-06-05 | 4 | Director Johan Wibergh received a grant of 17,899 restricted stock units on June 3, 2024, with no monetary value at grant. The RSUs vest in full on the earlier of the one-year anniversary or the next annual stockholders meeting, contingent on continued service. | r/ASTS |
| 2024-06-04 | 8-K | AST SpaceMobile appointed Johan Wibergh, a retired former Chief Technology and Information Officer of Vodafone with over 35 years of telecommunications and networking experience, to its Board of Directors on June 3, 2024. Wibergh will serve on the Audit and Compensation Committees and will chair a newly formed Network Planning and Spectrum Committee, receiving an annual cash retainer of $50,000 plus $150,000 in restricted stock units and an additional $17,500 for committee service. The appointment was made pursuant to a director designation right held by Abel Avellan under an existing Stockholders' Agreement, and the Board determined Wibergh meets all independence standards under Nasdaq rules. | r/ASTS |
| 2024-06-04 | 4 | Chief Accounting Officer Shanti Gupta received a grant of 50,000 restricted stock units on May 31, 2024 that vested immediately upon satisfaction of performance conditions, with 26,500 shares withheld for tax purposes, leaving a net vested position of 23,500 shares. Following these transactions, Gupta beneficially owns 373,807 shares of AST SpaceMobile Class A Common Stock as of the filing date of June 4, 2024. | r/ASTS |
| 2024-05-29 | 8-K | AST SpaceMobile secured a $100 million investment and commercial commitment from Verizon on May 23, 2024, consisting of a $35 million subordinated convertible note and $65 million in prepaid service revenue commitments. The convertible note matches terms of the company's existing January 2024 convertible notes from AT&T, Google, and Vodafone, while the service payments are creditable against future revenue pending regulatory approval and execution of a definitive commercial agreement. | r/ASTS |
| 2024-05-15 | 8-K | AST SpaceMobile announced its first quarter 2024 financial results on May 15, 2024, releasing earnings details and a business update presentation for investor review. The company held a conference call on the same date to discuss quarterly performance and provided the presentation materials on its website for public access. | r/ASTS |
| 2024-05-15 | 10-Q | AST SpaceMobile raised $110 million in convertible notes from AT&T, Google, and Vodafone in January 2024 and completed a public stock offering that generated approximately $108 million in net proceeds, bringing total cash to $210 million as of March 31, 2024. The company recognized its first revenue of $500,000 during Q1 2024 from government contract work and reported a net loss attributable to common stockholders of $19.7 million for the quarter, with operating expenses of $56 million driven primarily by satellite development and depreciation costs. The company is preparing to launch its five Block 1 BlueBird commercial satellites between July and August 2024 for initial limited service in targeted geographic areas, while also advancing development of its more powerful Block 2 satellites featuring a custom-designed ASIC chip completed in March 2024. | r/ASTS |
| 2024-05-14 | 4 | Chief Financial Officer Sean Wallace sold 9,340 shares of AST SpaceMobile Class A Common Stock on May 10, 2024, at $2.26 per share through a tax withholding arrangement related to the vesting of 100,000 restricted stock units. Following the transaction, Wallace beneficially owns 554,297 shares of the company. | r/ASTS |
| 2024-05-08 | 3 | Andrew Martin Johnson became Chief Legal Officer of AST SpaceMobile as of May 6, 2024, and filed an initial beneficial ownership statement indicating he held no securities in the company at the time of his appointment. This Form 3 filing is a standard disclosure required when an officer takes a position at a public company. | r/ASTS |
| 2024-05-08 | 4 | Andrew Martin Johnson, Chief Legal Officer of AST SpaceMobile, received a grant of 300,000 restricted stock units on May 6, 2024, with no purchase price required. The RSUs vest 25 percent annually over four years contingent on continued employment, with each unit convertible into one share of Class A Common Stock. | r/ASTS |
| 2024-05-06 | 8-K | Brian Heller departed as Executive Vice President, General Counsel and Secretary on May 1, 2024, and will receive 50% of his base salary plus pro rata acceleration of unvested restricted stock units per his employment agreement. Andrew M. Johnson was appointed Chief Legal Officer effective May 6, 2024, with an annual base salary of $250,000, a one-time relocation bonus of $125,000, and a grant of 300,000 restricted stock units vesting 25% annually, along with severance protections in case of a qualifying termination. | r/ASTS |
| 2024-04-01 | 10-K | AST SpaceMobile is developing a satellite-based cellular broadband network designed to provide 4G/5G coverage directly to standard unmodified smartphones in underserved areas, with its BlueWalker 3 test satellite achieving successful voice calls and download speeds exceeding 10 Mbps in 2023. The company is assembling five Block 1 commercial satellites for launch between July and August 2024, followed by larger Block 2 satellites starting December 2024, and estimates needing $350-$400 million in additional capital to deploy 20 Block 2 satellites and operate a 25-satellite constellation, while having accumulated losses of $189.7 million through year-end 2023 with no revenue generated to date. AST has secured preliminary agreements with over 45 mobile network operators and strategic partnerships with Vodafone, Rakuten, AT&T, Google, and American Tower, while facing significant execution risks including regulatory approvals, manufacturing delays from supplier issues, and intense competition from established players like SpaceX's Starlink and upcoming services from Amazon and Apple. | r/ASTS |
| 2024-04-01 | 8-K | AST SpaceMobile issued a press release on April 1, 2024 announcing its financial results for the fourth quarter and full year 2023. The company also provided a business update presentation for the year-end 2023 conference call scheduled for the same date. | r/ASTS |
| 2024-03-19 | 4 | Shanti B. Gupta, Chief Accounting Officer of AST SpaceMobile, acquired 150,000 restricted stock units on March 15, 2024, at no cost as part of a compensation grant that vests 50 percent annually starting May 8, 2023, provided she remains employed through each vesting date. Following this transaction, Gupta beneficially owns 350,307 shares of Class A Common Stock directly. | r/ASTS |
| 2024-03-19 | 4 | Sean Wallace, Chief Financial Officer of AST SpaceMobile, received 150,000 Class A Common Stock shares on March 15, 2024 as a performance-based restricted stock unit award that vested 50% immediately upon certification of performance conditions, with the remaining 50% vesting one year later subject to continued employment. Wallace withheld 9,090 shares at $3.14 per share to cover tax obligations related to the vesting, resulting in a net position of 563,637 beneficially owned shares following the transaction. | r/ASTS |
| 2024-03-19 | 4 | Brian Heller, EVP, General Counsel and Secretary of AST SpaceMobile, acquired 250,000 shares of Class A Common Stock through restricted stock unit grants on March 15, 2024, with vesting schedules ranging from annual milestones to performance-based conditions over two years. He paid approximately $3.14 per share in taxes through net share withholding on 28,529 shares, resulting in a net vested position of 43,971 shares and bringing his total beneficial ownership to 383,190 shares. | r/ASTS |