Filings
542 filings found
| Date | Type | Summary | |
|---|---|---|---|
| 2022-12-15 | POS AM | AST SpaceMobile filed a post-effective amendment on December 15, 2022 to remove all remaining unsold securities from a previous $500 million Form S-3 registration statement filed in September 2022. The company had used that registration statement to issue Class A common stock under an equity distribution agreement with sales agents, and subsequently filed a new Form S-3 registration on November 15, 2022 to continue offering remaining shares under the same sales agreement. The de-registration of the previous statement does not impact the ongoing equity distribution arrangement. | r/ASTS |
| 2022-12-13 | SC 13D/A | Abel Avellan's beneficial ownership stake in AST SpaceMobile decreased from a higher percentage to 52.3% of outstanding Class A Common Stock following the company's issuance of approximately 18.1 million new shares in late November and early December 2022, which raised the total outstanding Class A shares to 71.2 million. Despite the dilution, Avellan maintains majority voting control through his ownership of all Class C Common Stock, which carries ten votes per share, giving him an 86.51% voting interest in the company. | r/ASTS |
| 2022-12-05 | 4 | Director Adriana Cisneros purchased 36,364 shares of Class A common stock on December 2, 2022 at $5.50 per share as part of a public offering that closed on that date. Cisneros holds additional beneficial interests in the company through Invesat LLC (200,000 Class A shares acquired via PIPE investment in 2021), her spouse (5,600 Class A shares), and AST Common Units representing approximately 9.9 million shares that are convertible to Class A stock on a one-to-one basis beginning April 6, 2022. | r/ASTS |
| 2022-12-05 | 4 | Chief Accounting Officer Shanti Gupta purchased 18,182 shares of AST SpaceMobile Class A Common Stock on December 2, 2022 at $5.50 per share as part of the company's public offering underwritten by B. Riley Securities, bringing his total beneficial ownership to 200,307 shares. The transaction represents an insider purchase during a previously announced equity offering that closed on the same date, which involved the issuance of approximately 13.6 million shares of Class A Common Stock. | r/ASTS |
| 2022-12-05 | 4 | Sean Wallace, AST SpaceMobile's Chief Financial Officer, purchased 22,727 shares of Class A Common Stock on December 2, 2022 at $5.50 per share as part of the company's public offering underwritten by B. Riley Securities. Following this transaction, Wallace beneficially owned 422,727 shares of the company. | r/ASTS |
| 2022-12-05 | 4 | Edward Knapp, a director of AST SpaceMobile, purchased 10,000 shares of Class A Common Stock on December 2, 2022 at $5.50 per share as part of the company's public offering that closed on that date, which involved the sale of approximately 13.6 million shares through B. Riley Securities. Following this transaction, Knapp directly owned 10,000 shares of the company. | r/ASTS |
| 2022-12-02 | 8-K | AST SpaceMobile closed a public offering of 13,636,364 shares of Class A common stock on December 2, 2022, raising $75 million in gross proceeds with B. Riley Securities as the sole book-running manager. The company also granted B. Riley a 30-day option to purchase up to 2,045,454 additional shares to cover over-allotments, which could generate an additional $11.25 million if fully exercised. | r/ASTS |
| 2022-12-01 | 424B5 | AST SpaceMobile raised $75 million through a public offering of 13.6 million shares of Class A common stock at $5.50 per share in November 2022, with net proceeds of approximately $69.8 million after underwriting fees. The company is developing a space-based cellular broadband network using low-earth orbit satellites designed to provide direct mobile connectivity to standard unmodified phones globally, with plans to launch five commercial BlueBird satellites in late 2023 and achieve revenue-generating service following regulatory approvals and network operator partnerships. | r/ASTS |
| 2022-11-29 | 424B5 | AST SpaceMobile raised $65 million through a public offering of Class A Common Stock in November 2022, with an option for underwriters to purchase an additional $9.75 million to cover overallotments. The company is developing a satellite-based cellular broadband network designed to provide mobile connectivity directly to standard smartphones globally, with plans to launch five commercial satellites in late 2023 and generate revenue from limited service offerings, though significant capital will be required before any revenue is realized and the company has yet to generate meaningful commercial revenues. | r/ASTS |
| 2022-11-15 | 424B5 | AST SpaceMobile established an at-the-market equity distribution agreement in September 2022 with Evercore Group and B. Riley Securities to sell up to $150 million of Class A Common Stock, with $12.1 million already sold as of the filing date, leaving approximately $137.9 million available for future offerings. The company, which is building a satellite-based cellular broadband network designed to work with standard mobile phones, plans to use net proceeds of roughly $133.5 million for general corporate purposes to fund development of its BlueWalker 3 test satellite and BlueBird constellation satellites, satellite manufacturing, regulatory approvals, and other business expansion activities. Investors purchasing shares face immediate dilution of $2.68 per share at the assumed offering price of $8.83, with additional substantial dilution expected as the company will require significant future capital to execute its business plan before generating any revenue. | r/ASTS |
| 2022-11-15 | 8-K | AST SpaceMobile filed a prospectus supplement on November 15, 2022, in connection with its at-the-market offering program under its effective Form S-3 registration statement. The filing enables the company to sell securities to the public on an ongoing basis through its ATM program, providing flexibility for capital raising without a fixed offering amount or timeline. | r/ASTS |
| 2022-11-14 | 8-K | AST SpaceMobile successfully completed deployment of its BlueWalker 3 test satellite's communications array in orbit on November 14, 2022, marking a major milestone in the company's effort to provide direct cellular service to standard mobile devices using 3GPP standard frequencies. The company noted that while testing may proceed as planned, various factors including loss of satellite connectivity or communication failures could delay commercialization and result in material additional costs. The filing emphasizes substantial risks around completing planned testing, raising future capital, and converting preliminary agreements with mobile network operators into definitive contracts. | r/ASTS |
| 2022-11-14 | 8-K | AST SpaceMobile issued a press release on November 14, 2022 announcing its financial results for the three and nine months ended September 30, 2022, along with a third quarter business update presentation. The specific financial figures and operational details from the results are not included in this 8-K cover page itself, as the actual press release and presentation are referenced as separate exhibits. | r/ASTS |
| 2022-11-14 | 10-Q | The company successfully launched its BlueWalker 3 test satellite in September 2022 and completed deployment of its communication array in orbit by November 2022, demonstrating direct communication with standard cellular devices at 5G speeds. During the nine months ended September 30, 2022, the company reported revenues of $13.8 million but a net loss of $78.0 million, with operating expenses of $110.3 million driven primarily by engineering services ($38.2 million), research and development ($31.0 million), and general and administrative costs ($37.6 million). The company also completed the sale of its 51% stake in Lithuanian subsidiary NanoAvionika in September 2022 for approximately $26.7 million in net proceeds and recognized a $24.6 million gain on the transaction, while cash and equivalents decreased from $321.8 million at year-end 2021 to $198.9 million by quarter-end due to capital investments in satellite construction and operating activities. | r/ASTS |
| 2022-11-10 | 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. | r/ASTS |
| 2022-11-08 | S-3/A | AST SpaceMobile filed an amendment to its Form S-3 registration statement on November 8, 2022, solely to add two exhibits related to debt securities indentures (Forms of Indenture for Senior and Subordinated Debt Securities) without modifying any prospectus provisions. The company, classified as a smaller reporting company and emerging growth company, is registering securities for delayed or continuous offering under Rule 415, with Sullivan & Cromwell LLP serving as legal counsel and the company headquartered at Midland International Air & Space Port in Texas. | r/ASTS |
| 2022-11-08 | UPLOAD | Annual report to shareholders (PDF document). View the original document for full content. | r/ASTS |
| 2022-11-08 | CORRESP | AST SpaceMobile requested the SEC accelerate the effective date of its Form S-3 registration statement to November 10, 2022, enabling the company to proceed with a securities offering. The filing provides no details on the offering size, use of proceeds, or other material business information, serving only as a procedural request to expedite the registration process. | r/ASTS |
| 2022-10-31 | 8-K | AST SpaceMobile filed a new Form S-3 registration statement on October 31, 2022, and intends to suspend use of its previously filed registration statement following the effectiveness of the new one. The filing is a routine administrative action related to the company's securities registration for potential future offerings. | r/ASTS |
| 2022-10-31 | S-3 | AST SpaceMobile registered $500 million in securities for potential future offerings on October 31, 2022, to support development of its satellite-based cellular broadband network. The company had successfully launched its BlueWalker 3 test satellite in September 2022 after incurring approximately $92 million in capitalized costs, and planned to launch five commercial BlueBird satellites in late 2023 to initiate limited revenue-generating service in select countries. Founder Abel Avellan maintained effective control of the company through Class C Common Stock holdings representing approximately 88.3% of voting power, with this control set to expire upon the earlier of his retirement, death, or if his stake falls below 20% of post-merger ownership levels. | r/ASTS |
| 2022-10-26 | 8-K | AST SpaceMobile released preliminary financial results for the third quarter ended September 30, 2022, and provided an update on its BlueWalker 3 test satellite. The filing does not disclose specific financial figures or operational details in the 8-K itself, instead directing readers to the attached press release for the actual results and satellite status information. | r/ASTS |
| 2022-10-06 | 4 | Chief Accounting Officer Shanti Gupta received a vesting of 50,000 restricted stock units on September 16, 2022, with 17,875 shares withheld at $9 per share to cover tax obligations, resulting in a net vesting of 32,125 shares and bringing her total beneficial ownership to 182,125 Class A common shares. This transaction represents standard equity compensation vesting under Rule 16b-3 for an executive officer at AST SpaceMobile. | r/ASTS |
| 2022-09-19 | 4 | Director Richard Sarnoff acquired 16,667 restricted stock units on September 15, 2022, at no cost, bringing his total beneficial ownership of AST SpaceMobile Class A Common Stock to 28,422 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, contingent on continued service. | r/ASTS |
| 2022-09-19 | 4 | Ronald L. Rubin, a director of AST SpaceMobile, acquired 16,667 restricted stock units on September 15, 2022 at no cost, bringing his total beneficial ownership of Class A Common Stock to 28,422 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, contingent on continued service. | r/ASTS |
| 2022-09-19 | 4 | Coleman Alexander, a director of AST SpaceMobile, acquired 16,667 restricted stock units on September 15, 2022 at no cost, which vest within one year or at the next annual stockholder meeting, whichever comes first. Following this transaction, Alexander's total beneficial ownership of Class A Common Stock increased to 1,829,979 shares held directly. | r/ASTS |