Filings
564 filings found
| Date | Type | Summary | |
|---|---|---|---|
| 2021-09-10 | 8-K | AST SpaceMobile disclosed that company executives will present materials regarding operations and performance to investors at various meetings and events throughout September 2021. The presentation materials were filed as an exhibit and made available on the company's website. | r/ASTS |
| 2021-08-25 | 4 | Coleman Alexander, a director and 10% owner of AST SpaceMobile, received a grant of 11,755 restricted stock units on August 24, 2021, valued at zero dollars per share, bringing his total beneficial ownership to 5,721,755 Class A common shares. The restricted stock units vest fully on the earlier of the one-year anniversary or the date of the annual stockholder meeting following the grant, with the earliest vesting date being the 2022 annual meeting, subject to continued service. | r/ASTS |
| 2021-08-25 | 4 | Richard Sarnoff, a director of AST SpaceMobile, received a grant of 11,755 restricted stock units on August 24, 2021, with no monetary consideration. The restricted stock units vest in full on the earlier of the one-year anniversary of the grant date or the date of the 2022 annual stockholder meeting, contingent on continued service through the vesting date. | r/ASTS |
| 2021-08-25 | 4 | Director Julio A. Torres received a grant of 11,755 restricted stock units on August 24, 2021, with no purchase price, vesting in full on the earlier of the one-year anniversary or the 2022 annual stockholder meeting subject to continued service. This was a standard equity compensation arrangement for a board member with no material financial transaction or change in ownership structure. | r/ASTS |
| 2021-08-25 | 4 | Director Ronald L. Rubin acquired 11,755 restricted stock units on August 24, 2021, valued at no monetary consideration, as part of a compensatory grant. The restricted stock units vest in full on the earlier of the one-year anniversary of the grant date or the date of the annual stockholders meeting following the grant, with the earliest vesting date set for the 2022 annual meeting. | r/ASTS |
| 2021-08-20 | 4 | Director Adriana Cisneros acquired 3,400 shares of Class A common stock at $8.525 per share on August 18, 2021, and beneficially owns approximately 9.9 million Class B common units and 200,000 Class A shares through her company Invesat LLC, which participated in the PIPE investment during AST SpaceMobile's April 2021 business combination. The Class B common units are redeemable for Class A shares on a one-to-one basis beginning April 6, 2022, representing substantial economic interest in the company. | r/ASTS |
| 2021-08-17 | 424B3 | AST SpaceMobile completed a business combination with a SPAC on April 6, 2021, raising approximately $456 million in net proceeds and gaining Nasdaq listing under ticker ASTS, while simultaneously recording $115.5 million in warrant liabilities that generated a $41.7 million non-cash loss in the first half of 2021. The company reported $3.7 million in revenue for the six months ended June 30, 2021 (primarily from its NanoAvionika subsidiary), but posted a net loss of $77.3 million as it continued advancing development of its BlueWalker 3 test satellite and first-generation constellation of space-based cellular broadband satellites, with $402.6 million in cash on hand as of mid-2021. | r/ASTS |
| 2021-08-17 | 424B3 | AST SpaceMobile completed a business combination in April 2021 that brought the satellite company public, raising approximately $416.9 million in net cash and $230 million from private investors, with the company reporting $3.7 million in revenue for the first half of 2021 but a net loss of $77.3 million as it continued developing its BlueWalker 3 test satellite for a planned 2022 launch. The company's warrant liabilities increased $41.7 million in fair value during the period, and it maintained $402.6 million in cash as of June 30, 2021 to fund ongoing satellite development and testing operations. | r/ASTS |
| 2021-08-16 | 10-Q | The company completed a business combination with New Providence Acquisition Corp. on April 6, 2021, raising $456.4 million in gross proceeds and receiving an additional $230 million from private placement investors, positioning it as a publicly traded satellite communications company on Nasdaq. For the six months ended June 30, 2021, the company reported revenue of $3.7 million (primarily from its subsidiary NanoAvionika), a net loss of $77.3 million including a $41.7 million non-cash loss from warrant liability fair value changes, and ended the period with $402.6 million in cash. The company is developing its BlueWalker 3 test satellite targeted for launch in March 2022 and building out a constellation of low Earth orbit satellites intended to provide direct cellular broadband connectivity to standard smartphones globally. | r/ASTS |
| 2021-08-16 | 8-K | AST SpaceMobile released its financial results for the first half of 2021 on August 16, 2021, along with a business update presentation for the second quarter. The company held a conference call on the same date to discuss the results and business progress with investors. | r/ASTS |
| 2021-08-13 | 4 | Rulfo Fernando Hernandez, Chief Accounting Officer of AST SpaceMobile, acquired 203,020 restricted stock units on August 11, 2021, with a grant value of $0 at acquisition. The restricted stock units vest at 25% per year over four years starting January 31, 2021, contingent on continued employment. | r/ASTS |
| 2021-08-13 | 4 | Brian Heller, EVP, General Counsel and Secretary of AST SpaceMobile, acquired 205,000 restricted stock units on August 11, 2021 at no cost as part of a compensation grant. The units vest 25 percent annually over four years beginning February 8, 2021, subject to continued employment and certain acceleration provisions. | r/ASTS |
| 2021-07-29 | 8-K | AST SpaceMobile signed a launch agreement with SpaceX on July 23, 2021 to launch its BlueWalker 3 test satellite, with an available launch window beginning in March 2022, after the company's original launch provider experienced delays with a primary payload. The exact launch timing depends on successful completion and testing of the BlueWalker 3 satellite. | r/ASTS |
| 2021-07-29 | 8-K | The filing itself contains minimal substantive information, only referencing a press release issued on July 29, 2021 without disclosing its contents in the 8-K document. To summarize the material event and its business impact, the actual press release text would need to be reviewed, as the 8-K only indicates that a disclosure was made but does not specify what announcement or development occurred. | r/ASTS |
| 2021-07-29 | 424B3 | AST SpaceMobile signed a launch agreement with SpaceX on July 23, 2021, to launch its BlueWalker 3 test satellite between March and April 2022, after the original launch with another provider was delayed. The agreement includes redacted pricing and detailed terms covering payload specifications, customer responsibilities, schedule contingencies, and liability limitations, with SpaceX retaining all payments if the satellite is not ready by the launch date or if the customer terminates the agreement. | r/ASTS |
| 2021-07-29 | 424B3 | AST SpaceMobile signed a launch agreement with SpaceX on July 23, 2021, to launch its BlueWalker 3 test satellite during a window between March and April 2022 after the original launch provider delayed their primary payload. The prospectus supplement filed on July 29, 2021, updated information regarding the possible issuance of approximately 141.5 million shares of Class A common stock in exchange for ownership units in AST & Science, LLC, with the company's stock trading at $10.87 per share at that time. | r/ASTS |
| 2021-07-09 | 8-K | AST SpaceMobile changed its independent registered public accounting firm from Marcum LLP to KPMG LLP, effective July 6, 2021. Marcum's audit reports contained substantial doubt about the company's ability to continue as a going concern without completing a business combination, and the company disclosed material weaknesses in internal controls. There were no disagreements between the company and Marcum regarding accounting principles, practices, or audit scope during Marcum's engagement. | r/ASTS |
| 2021-07-09 | 424B3 | AST SpaceMobile changed its independent auditor from Marcum LLP to KPMG LLP effective July 6, 2021, with no disagreements or reportable events cited during Marcum's engagement. The company filed this prospectus supplement on July 9, 2021 to update information related to the sale of 28.75 million shares of Class A common stock and 6.1 million private placement warrants, along with up to 17.6 million shares underlying warrant exercises. As of July 8, 2021, the company's Class A shares traded on Nasdaq at $12.46 per share while public warrants traded at $5.20. | r/ASTS |
| 2021-07-09 | 424B3 | AST SpaceMobile changed its independent auditor from Marcum LLP to KPMG LLP effective July 6, 2021, with no disagreements or adverse opinions from the departing firm. The company was simultaneously filing a prospectus supplement related to up to 141.5 million shares of Class A common stock being issued in exchange for ownership units in its underlying operating entity, with the stock trading at $12.46 per share on July 8, 2021. | r/ASTS |
| 2021-07-09 | S-8 | AST SpaceMobile registered 12.8 million shares of Class A common stock for issuance under its 2020 Incentive Award Plan and 2020 Employee Stock Purchase Plan, with a maximum aggregate offering price of approximately $155.1 million based on a stock price of $12.12 per share as of July 8, 2021. The registration statement incorporates by reference the company's recent 10-K, 10-Q, and multiple 8-K filings, establishing the foundation for employee equity compensation programs. The company is classified as a non-accelerated filer, smaller reporting company, and emerging growth company. | r/ASTS |
| 2021-07-02 | 424B3 | AST SpaceMobile completed a business combination with New Providence Acquisition Corp. on April 6, 2021, becoming a publicly traded company and raising capital to develop a satellite-based global mobile broadband network called SpaceMobile Service that would provide connectivity to standard smartphones via 168 low-Earth-orbit satellites, with estimated gross costs of $1.7 billion and first commercial service expected in 2023. The company has partnership agreements with mobile network operators representing approximately 1.3 billion mobile subscribers, though it faces substantial risks including significant development and capital requirements, extensive regulatory hurdles for spectrum access, intense competition from other satellite providers like Starlink, and the inherent dangers of satellite launch failures and on-orbit malfunctions that could delay or prevent revenue generation. | r/ASTS |
| 2021-07-02 | EFFECT | AST SpaceMobile's registration statement on Form S-1 became effective on July 2, 2021, allowing the company to proceed with its initial public offering. This effectiveness notice cleared the way for the satellite communications company to publicly offer and sell its securities to raise capital for its space-based cellular network operations. | r/ASTS |
| 2021-06-30 | CORRESP | AST SpaceMobile requested acceleration of its Form S-1 registration statement to become effective on July 2, 2021, enabling the company to proceed with its initial public offering. The request was submitted on June 30, 2021, just five days after filing the original registration statement, indicating the company was prepared to move quickly to market. | r/ASTS |
| 2021-06-29 | UPLOAD | Annual report to shareholders (PDF document). View the original document for full content. | r/ASTS |
| 2021-06-25 | S-1 | AST SpaceMobile completed a business combination with New Providence Acquisition Corp. on April 6, 2021, transforming into a publicly traded company trading on Nasdaq under ticker ASTS, with estimated total development costs of approximately $1.7 billion to build a 168-satellite LEO constellation designed to deliver mobile broadband service to standard unmodified phones globally in partnership with mobile network operators. The company is a pre-revenue stage with net losses of $52.1 million since inception through March 31, 2021, and expects revenues to begin in 2023 following planned commercial satellite launches, with founder Abel Avellan controlling approximately 88.3% of voting power through multi-class stock structure. The offering registered 141.5 million shares of Class A common stock valued at approximately $1.35 billion at the filing price of $9.54 per share, with about 90.5% of shares subject to one-year lock-up agreements from major investors including Rakuten USA, Vodafone, and American Tower. | r/ASTS |