Filings
542 filings found
| Date | Type | Summary | |
|---|---|---|---|
| 2024-03-06 | SC 13D/A | On March 4, 2024, the Cisneros Group entities completed an internal reorganization whereby Invesat LLC exercised 319,033 equity options, merged with newly formed subsidiaries, and transferred 10,445,200 shares of AST SpaceMobile Class A Common Stock to Antares Technologies LLC to facilitate a pledge of shares as collateral for an unrelated margin loan financing arrangement with JPMorgan Chase Bank. Following the death of Gustavo A. Cisneros on December 29, 2023, the 2014 Scesaplana I Trust became irrevocable and now reports beneficial ownership of approximately 10.5 million shares representing 7.6 percent of the company through Antares and affiliated entities, while Invesat and Mr. Cisneros filed exit amendments to the original Schedule 13D. | r/ASTS |
| 2024-03-06 | SC 13D/A | Abel Avellan, AST SpaceMobile's chairman and CEO, filed this amendment to disclose a change in his beneficial ownership stake from an increase in the company's outstanding Class A Common Stock resulting from Invesat LLC's acquisition of 10,445,200 Class A shares on March 4, 2024 in exchange for AST Common Units and other consideration. Avellan's beneficial ownership percentage decreased to 36.2% of Class A shares (down from prior levels) due solely to this dilution from new shares issued, while he maintained his 81.5% voting control through Class C stock holdings and made no personal transactions in the company's securities. | r/ASTS |
| 2024-02-16 | 8-K | AST SpaceMobile announced that Rakuten Mobile, one of its stockholders, plans to launch satellite-to-mobile service in Japan using AST SpaceMobile's technology beginning in 2026. The company cautioned that the actual timing and scope of service deployment remain uncertain and subject to various factors, including regulatory approvals and factors outside AST SpaceMobile's control. | r/ASTS |
| 2024-02-12 | 4 | Brian Heller, Executive Vice President, General Counsel and Secretary of AST SpaceMobile, received a vesting of 51,250 restricted stock units on February 8, 2024, with 22,603 shares withheld for tax obligations at $3.18 per share, leaving him with a net vested amount of 28,647 shares. Following this transaction, Heller directly beneficially owns 161,719 shares of Class A Common Stock. This transaction represents routine equity compensation vesting under Rule 16b-3. | r/ASTS |
| 2024-02-07 | SC 13G/A | BlackRock disclosed that it beneficially owns 5,488,255 Class A shares of AST SpaceMobile, representing 4.5% of the outstanding stock as of January 31, 2024, and subsequently ceased to be a beneficial owner of more than 5% of the class. The filing was made by BlackRock, Inc., a parent holding company, through various subsidiaries including BlackRock Advisors LLC and BlackRock Fund Advisors, with sole voting power over 5,449,048 shares. | r/ASTS |
| 2024-01-29 | SC 13G | BlackRock, Inc. reported beneficial ownership of 5,658,123 shares of AST SpaceMobile Class A Common Stock as of December 31, 2023, representing 6.3 percent of the outstanding class. BlackRock holds sole voting power over 5,620,742 shares and sole dispositive power over all 5,658,123 shares, and certifies the securities were acquired in the ordinary course of business without intent to change or influence control of the issuer. | r/ASTS |
| 2024-01-29 | 8-K | AST SpaceMobile completed the exercise of underwriters' options to purchase 4,838,709 additional shares of Class A common stock on January 29, 2024, raising net proceeds of $14.1 million before offering expenses. This followed the company's initial offering of 32,258,064 shares closed on January 23, 2024, pursuant to an underwriting agreement with UBS Securities and Barclays Capital as lead underwriters. | r/ASTS |
| 2024-01-25 | SC 13D/A | Abel Avellan's beneficial ownership stake in AST SpaceMobile decreased from approximately 40% to 38.9% of Class A Common Stock following the company's January 23, 2024 closing of a 32.3 million share offering that he did not participate in, diluting his position while he maintained voting control through his ownership of all Class C Common Stock. Avellan continues to beneficially own 78.2 million shares through common units convertible to Class A stock and retains an 81.9% voting interest in the company despite the reduced economic ownership percentage. | r/ASTS |
| 2024-01-23 | 8-K | AST SpaceMobile closed a public offering of 32.3 million Class A common shares on January 23, 2024, raising $94.0 million in net proceeds before offering expenses. The company also granted underwriters a 30-day option to purchase an additional 4.8 million shares that could generate an additional $14.1 million if exercised in full. | r/ASTS |
| 2024-01-19 | 424B5 | AST SpaceMobile raised approximately $100 million through a public offering of 32.3 million Class A shares at $3.10 per share in January 2024, while simultaneously securing $110 million in subordinated convertible notes from strategic investors AT&T, Google, and Vodafone, along with commitments for commercial partnerships and equipment purchases. The company, which is developing satellite-based cellular broadband service and has demonstrated successful 5G connectivity tests via its BlueWalker 3 test satellite, plans to launch its first five commercial BlueBird satellites in the second quarter of 2024 and estimates needing an additional $300-350 million beyond its current $333.8 million cash position to build and operate a 25-satellite constellation. | r/ASTS |
| 2024-01-18 | 424B5 | AST SpaceMobile raised $100 million in a public stock offering on January 18, 2024, with shares priced at $4.28 each, while simultaneously securing $110 million in convertible notes from strategic investors AT&T, Google, and Vodafone who also committed to commercial partnerships and service revenue agreements. The company, which is building a satellite-based cellular broadband network to provide connectivity to unmodified smartphones, had $88.1 million in cash as of December 31, 2023 (down from $239.3 million a year prior) due to increased spending on satellite assembly and infrastructure, with preliminary full-year 2023 operating expenses between $216.8 million and $222.5 million compared to $152.9 million in 2022. | r/ASTS |
| 2024-01-18 | 8-K | AST SpaceMobile secured $155 million in commitments from AT&T, Google, and Vodafone consisting of $110 million in subordinated convertible notes bearing 5.50% interest and $45 million in commercial payments, with an additional $100 million public stock offering and up to $51.5 million available under an existing credit facility for total potential proceeds of $306.5 million. The company's cash position declined to $88.1 million as of December 31, 2023 from $239.3 million a year earlier due to capitalized property and equipment costs of $234.1 million to $242.1 million, while operating expenses increased to $216.8 million to $222.5 million for the full year 2023. The company plans to launch its first five commercial BlueBird satellites in the second quarter of 2024 and has secured purchase orders for network equipment and service commitments from its strategic investors to support commercial operations following the launch. | r/ASTS |
| 2024-01-18 | 4 | Vodafone Ventures Ltd and Vodafone Group Public Ltd Co acquired a 5.5% convertible note worth $25 million due in 2034 on January 16, 2024, which converts into approximately 4.3 million shares of Class A Common Stock. The transaction resulted in Vodafone entities becoming 10% beneficial owners of AST SpaceMobile, crossing a significant ownership threshold that requires disclosure under securities regulations. | r/ASTS |
| 2024-01-18 | SC 13D/A | Vodafone Ventures Limited and Vodafone Group Plc amended their Schedule 13D filing to disclose a new $110 million convertible notes investment agreement with AST SpaceMobile, with Vodafone committing to purchase $25 million in convertible notes at 5.5% interest convertible into Class A shares at $5.75 per share after twelve months. The investment maintains Vodafone's 10.1% beneficial ownership stake in AST SpaceMobile through a combination of 1 million Class A shares and 9.04 million common units held with shared voting and dispositive power. | r/ASTS |
| 2023-11-14 | 8-K | AST SpaceMobile announced its financial results for the three and nine months ended September 30, 2023 on November 14, 2023, along with a third quarter business update presentation. The filing does not disclose specific financial figures or operational details in the 8-K itself, instead referencing attached press release and presentation materials for those details. | r/ASTS |
| 2023-11-14 | 10-Q | AST SpaceMobile successfully completed two-way voice calls and achieved 4G/5G download speeds exceeding 10 Mbps to standard smartphones using its BlueWalker 3 test satellite during the first nine months of 2023, validating core technology capabilities. The company spent $124 million in operating cash during the period while securing $63.5 million in debt financing and raising approximately $63.5 million in equity through a public offering and at-the-market program, bringing total debt to $71.8 million as of September 30, 2023. Net loss attributable to common stockholders reached $55.6 million for the nine months ended September 30, 2023, compared to $23.4 million in the prior year period, reflecting significantly higher depreciation expense of $34.9 million following the capitalization of the test satellite and accelerated investment in satellite construction and ground infrastructure. | r/ASTS |
| 2023-10-25 | 8-K | AST SpaceMobile issued a press release on October 25, 2023 announcing preliminary estimated financial results for the third quarter ended September 30, 2023. The filing contains forward-looking statements regarding the company's operations and includes standard risk disclosures, with no specific financial figures or material business developments disclosed in the 8-K itself. | r/ASTS |
| 2023-08-21 | 4 | Richard Sarnoff, a director and 10% owner of AST SpaceMobile, received a grant of 38,462 restricted stock units on August 17, 2023, with no monetary cost, bringing his total beneficial ownership to 66,884 Class A Common Stock shares. The RSUs vest in full on the earlier of the one-year anniversary of the grant date or the next annual stockholder meeting, contingent on his continued service. | r/ASTS |
| 2023-08-21 | 4 | Director Ronald L. Rubin acquired 38,462 restricted stock units on August 17, 2023 at no cost as part of a compensation grant, bringing his total beneficial ownership to 66,884 shares of AST SpaceMobile Class A Common Stock. The restricted stock units vest on the earlier of the one-year anniversary or the next annual stockholder meeting, contingent on continued service. | r/ASTS |
| 2023-08-21 | 4 | Director Coleman Alexander received a grant of 38,462 restricted stock units on August 17, 2023, with no monetary consideration, bringing his total beneficial ownership to 1,468,441 shares of AST SpaceMobile Class A Common Stock. The restricted stock units vest in full on the earlier of the one-year anniversary of the grant date or the next annual stockholder meeting, contingent on continued service as a director. | r/ASTS |
| 2023-08-21 | 4 | Director Julio A. Torres acquired 38,462 restricted stock units on August 17, 2023 at no cost, bringing his total beneficial ownership of Class A Common Stock to 66,884 shares. The restricted stock units vest in full on the earlier of the one-year anniversary of the grant date or the next annual stockholder meeting, subject to continued service. | r/ASTS |
| 2023-08-17 | 8-K | On August 17, 2023, AST SpaceMobile held its annual stockholders meeting where all nine director nominees were elected and KPMG LLP was ratified as the independent auditor for fiscal year 2023, with 90% voting power represented. Tareq Amin did not stand for re-election, and the remaining directors including Abel Avellan, Adriana Cisneros, Alexander Coleman, Luke Ibbetson, Edward Knapp, Hiroshi Mikitani, Ronald Rubin, Richard Sarnoff, and Julio A. Torres were all elected with substantial shareholder support. | r/ASTS |
| 2023-08-15 | 8-K | On August 14, 2023, the company secured $100 million in financing through two loan agreements: a $48.5 million senior secured term loan from Atlas Credit Partners at 14.75% fixed interest due in 2026, with an additional $51.5 million available upon future equity raises and insurance coverage, and a $15 million term loan from Lone Star State Bank secured by Texas facility assets at Prime plus 0.75%, maturing in 2029. The company received net proceeds of $37.3 million from the Atlas facility after fees and escrow deposits, which it intends to use for general corporate purposes to support operations and satellite deployment. | r/ASTS |
| 2023-08-14 | 10-Q | AST SpaceMobile reported net losses of $94.8 million for the first half of 2023, driven by $102.5 million in operating expenses including $39.3 million in engineering services and $15.8 million in depreciation as the BlueWalker 3 test satellite was placed into service after successfully completing two-way voice calls and achieving 4G download speeds exceeding 10 Mbps in April and June 2023. The company raised $63.6 million in net proceeds through a public stock offering and at-the-market program during the period, bringing cash to $190.8 million as of June 30, 2023, while simultaneously entering into $100 million and $15 million senior secured credit facilities in August 2023 to fund continued satellite development and operations. | r/ASTS |
| 2023-08-14 | 8-K | AST SpaceMobile released financial results for the first half of 2023 on August 14, 2023, along with a business update presentation for the second quarter. The company held a conference call the same day to discuss results and provide operational updates to investors. | r/ASTS |