Filings
564 filings found
| Date | Type | Summary | |
|---|---|---|---|
| 2022-09-09 | 8-K | AST SpaceMobile entered into an at-the-market equity distribution agreement with Evercore Group and B. Riley Securities on September 8, 2022, authorizing the sale of up to $150 million in Class A common stock over two years at a commission rate of 3.0%. The company is not obligated to sell any shares under the agreement and may suspend the offering at any time, while also maintaining a separate $75 million common stock purchase agreement with B. Riley that will remain subordinate to this new distribution arrangement. | r/ASTS |
| 2022-09-08 | 8-K | AST SpaceMobile completed the sale of its 51% stake in subsidiary NanoAvionics to Norway-based Kongsberg Defence & Aerospace AS on September 8, 2022, receiving approximately €27 million in cash proceeds subject to customary working capital and debt adjustments. Additionally, InMotion Holdings LLC, owned by CEO Abel Avellan, received approximately €7.7 million from exercising an option to acquire NanoAvionics shares as part of the transaction. | r/ASTS |
| 2022-09-08 | 8-K | AST SpaceMobile announced that its BlueWalker 3 test satellite is planned to launch to orbit on September 10, 2022 from Kennedy Space Center in Cape Canaveral, Florida, marking a key milestone for the company's mobile satellite service deployment. The company cautioned that the actual launch date remains subject to change based on factors including launch vehicle readiness, weather conditions, and technical problems, and that even a successful launch could reveal necessary modifications that might result in material additional costs and timeline delays. | r/ASTS |
| 2022-08-16 | NT 10-Q | AST SpaceMobile filed a late notification for its Q2 2022 10-Q due to technical difficulties connecting to the SEC's EDGAR system, with the quarterly report ultimately submitted on August 15, 2022 at 6:26 p.m. Eastern time, approximately 56 minutes after the deadline. The company indicated no significant changes in operating results compared to the prior year period and confirmed all other required periodic reports had been filed on time during the preceding 12 months. | r/ASTS |
| 2022-08-15 | 8-K | AST SpaceMobile released its financial results for the six months ended June 30, 2022, along with a second quarter business update on August 15, 2022. The company, which operates a satellite-based mobile broadband network and is headquartered in Midland, Texas, filed this disclosure as an emerging growth company traded on NASDAQ under ticker ASTS. | r/ASTS |
| 2022-08-15 | 10-Q | AST SpaceMobile completed assembly of its BlueWalker 3 test satellite and incurred $88.5 million in operating cash burn during the first half of 2022 while revenues of $9.7 million came solely from its Nano subsidiary's satellite manufacturing operations. The company's cash position declined to $202.4 million from $321.8 million at year-end 2021, driven by $33.6 million in capital expenditures including $21.4 million for satellite construction and a $22.8 million SpaceX multi-launch agreement payment, while warrant liability gains of $17.6 million partially offset operating losses of $45.9 million. | r/ASTS |
| 2022-08-05 | DEF 14A | AST SpaceMobile held its 2022 annual meeting of stockholders on September 15, 2022, to elect ten directors and ratify KPMG LLP as the independent auditor. Founder and CEO Abel Avellan controls approximately 88.3% of voting power through Class C shares and dominates board composition with seven designated seats, while strategic investors including Rakuten, Vodafone, American Tower, and Invesat each hold nomination rights tied to their ownership stakes. The company operates as a controlled company under Nasdaq rules, exempting it from certain corporate governance requirements, and is pursuing commercial partnerships with major telecommunications carriers while advancing its satellite-based mobile service technology. | r/ASTS |
| 2022-08-05 | DEFA14A | AST SpaceMobile filed definitive additional proxy materials with the SEC as supplemental information for stockholder consideration in an upcoming vote. The filing does not disclose specific financial figures, business developments, or material events beyond indicating this is additional disclosure material related to a proxy solicitation. Without access to the substantive content of the additional materials referenced, the specific impact or key issues being addressed cannot be determined from this document header alone. | r/ASTS |
| 2022-07-18 | 8-K | AST SpaceMobile issued a press release on July 18, 2022 announcing preliminary estimated financial results for the second quarter ended June 30, 2022. The filing contains forward-looking statements with customary risk disclaimers and references the company's prior SEC filings for additional risk factor disclosures. The specific financial results and operational details are contained in the attached press release exhibit. | r/ASTS |
| 2022-07-05 | 8-K | AST SpaceMobile agreed to sell its 51% stake in NanoAvionics subsidiary to Norwegian company Kongsberg Defence & Aerospace AS for approximately €27 million in cash proceeds, with the transaction expected to close in the third quarter of 2022 subject to regulatory approvals including CFIUS clearance. The total enterprise value for NanoAvionics is set at no less than €65 million, and separately, CEO Abel Avellan's investment entity will receive approximately €7.7 million for its option to acquire additional shares in the subsidiary. | r/ASTS |
| 2022-07-01 | 424B3 | AST SpaceMobile completed a business combination with New Providence Acquisition Corp. in April 2021 to become a public company developing a satellite-based cellular broadband network designed to serve standard mobile phones globally, with preliminary agreements covering approximately 1.8 billion mobile subscribers and an estimated market opportunity exceeding $1.1 trillion. The company plans to deploy 168 high-powered LEO satellites to provide connectivity in underserved areas, with commercial satellite launches targeted to begin in 2023 and substantial global coverage expected by end of 2024, though the service has not yet generated revenue and deployment faces numerous uncertainties including regulatory approvals and launch availability. This prospectus registers 28.75 million shares of Class A common stock and 6.1 million warrants held by various stockholders for potential resale, plus up to 141.5 million additional shares issuable upon redemption of ownership units in the underlying operating company, with founder Abel Avellan controlling approximately 88.3% of voting power through super-voting Class C shares until certain triggering events occur. | r/ASTS |
| 2022-07-01 | 424B3 | AST SpaceMobile entered into a $75 million committed equity financing agreement with B. Riley Principal Capital on May 6, 2022, giving the company the right to sell up to 10 million shares at volume-weighted average prices with a fixed 3% discount, allowing AST to raise capital for its satellite broadband network while B. Riley can resell the shares it purchases. The company, which has not yet generated revenue, is developing a constellation of 168 low-earth-orbit satellites designed to provide mobile broadband connectivity to standard phones globally, targeting to launch commercial satellites beginning in 2023 with substantial coverage by end of 2024 and full capabilities by 2025. | r/ASTS |
| 2022-07-01 | 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. | r/ASTS |
| 2022-07-01 | EFFECT | AST SpaceMobile's S-3 registration statement became effective on July 1, 2022, enabling the company to offer and sell securities to the public under a streamlined registration process. This effectiveness allows AST SpaceMobile greater flexibility to raise capital for its space-based cellular broadband network by offering various types of securities without requiring individual prospectuses for each offering. | r/ASTS |
| 2022-07-01 | EFFECT | AST SpaceMobile's S-3 registration statement became effective on July 1, 2022, allowing the company to offer and sell securities including common stock, preferred stock, debt securities, warrants, and units in one or more offerings. The effective registration provides the company with shelf registration rights, enabling it to access capital markets more efficiently for future financing needs without requiring separate registration statements for each offering. | r/ASTS |
| 2022-06-29 | 8-K | AST SpaceMobile announced that its launch provider Space Exploration Technologies Corp. notified the company of a revised launch window for the BlueWalker 3 test satellite, pushing it to early to mid-September from the previously targeted week of August 15, 2022. The actual launch date remains subject to change based on final testing, vehicle readiness, weather conditions, and other technical factors. | r/ASTS |
| 2022-06-29 | CORRESP | The company requested that the SEC accelerate the effective date of its Form S-3 registration statement to July 1, 2022, to enable securities offerings. No specific financial figures or business details were disclosed in this procedural filing, which was primarily a formal request for expedited processing of the registration statement. | r/ASTS |
| 2022-06-29 | CORRESP | AST SpaceMobile requested acceleration of its Form S-3 registration statement effective date to July 1, 2022, enabling the company to proceed with a registered securities offering. The request was made pursuant to Securities Act Rule 461 and directed to the SEC's Division of Corporation Finance on June 29, 2022. | r/ASTS |
| 2022-06-29 | CORRESP | AST SpaceMobile requested the SEC accelerate the effective date of its Form S-3 registration statement to July 1, 2022, enabling the company to conduct a securities offering. The filing provided no financial figures or details about the intended use of capital, serving only as a procedural request to expedite the registration process through the SEC. | r/ASTS |
| 2022-06-21 | UPLOAD | Annual report to shareholders (PDF document). View the original document for full content. | r/ASTS |
| 2022-06-21 | UPLOAD | Annual report to shareholders (PDF document). View the original document for full content. | r/ASTS |
| 2022-06-13 | 8-K | AST SpaceMobile announced plans to launch its BlueWalker 3 test satellite from Cape Canaveral, Florida during the week of August 15, 2022. The actual launch date remains subject to change pending final testing, integration, ground transport, launch vehicle readiness, weather conditions, and other technical factors. | r/ASTS |
| 2022-06-10 | S-3/A | AST SpaceMobile converted its Form S-1 registration statement to a Form S-3 on June 9, 2022, to establish a $75 million committed equity financing facility with B. Riley Principal Capital allowing the company to sell up to 10,087,876 shares of Class A common stock at its discretion over 24 months at volume-weighted average prices with a 3% discount. The company, which designs LEO satellites for direct mobile broadband coverage accessible by standard mobile phones, plans to launch commercial BlueBird satellites in 2023 and expects to achieve substantial global coverage by end of 2024 after deploying 110 satellites, though the service has not yet generated revenue and faces numerous execution and regulatory uncertainties. | r/ASTS |
| 2022-06-10 | S-3 | AST SpaceMobile filed a Form S-3 registration statement on June 9, 2022, enabling up to 28.75 million shares of Class A common stock, 6.1 million private placement warrants, and 141.5 million additional shares issuable upon exchange of LLC units to be resold by existing stockholders through a shelf offering process. The company, which designs and manufactures LEO satellites for a planned global direct-to-mobile broadband network, will not receive proceeds from these resales, though it will receive cash from any warrant exercises and will bear registration costs while selling stockholders bear transaction costs. | r/ASTS |
| 2022-06-10 | S-3 | AST SpaceMobile filed a shelf registration statement on June 9, 2022, authorizing up to $500 million in potential offerings of Class A common stock, preferred stock, and debt securities to fund its satellite-based mobile broadband network ambitions. The company, which has not yet generated revenue, plans to deploy 168 low-earth-orbit satellites called BlueWalker to provide direct cellular connectivity to standard mobile phones globally, with preliminary agreements covering approximately 1.8 billion mobile subscribers and an estimated market opportunity exceeding $1.1 trillion. CEO Abel Avellan and his affiliates control approximately 88.3% of voting power through Class C shares, giving them effective control of the company's strategic direction until specified triggering events occur. | r/ASTS |