Filings
545 filings found
| Date | Type | Summary | |
|---|---|---|---|
| 2021-04-16 | SC 13D | Rakuten Mobile and founder Hiroshi Mikitani acquired a combined 38.64% stake in AST SpaceMobile following the company's April 6, 2021 business combination with New Providence Acquisition Corp., consisting of 28.5 million convertible units and 2.5 million Class A shares purchased for $25 million in a PIPE investment. The transaction established an umbrella partnership-C corporation structure with multiple governance provisions, including board representation rights for Rakuten and transfer restrictions on the acquired securities until April 6, 2022, after which the convertible units may be redeemed for additional Class A shares on a one-to-one basis. | r/ASTS |
| 2021-04-16 | SC 13D | The Cisneros family and their vehicle Invesat LLC acquired approximately 16.4-16.6% ownership stakes in AST SpaceMobile on April 6, 2021, following the company's business combination with blank-check acquisition company New Providence Acquisition Corp., investing $2 million in a PIPE offering at $10 per share and receiving 9.9 million convertible operating units of the underlying business. The investment grants the Cisneros entities board representation rights, director nomination privileges, and voting agreements with other major shareholders including Vodafone, Rakuten, and American Tower, with conversion rights to Class A Common Stock beginning April 6, 2022. | r/ASTS |
| 2021-04-16 | SC 13D | Vodafone Ventures Limited and Vodafone Group Plc completed their investment in AST SpaceMobile on April 6, 2021, acquiring 10.04 million shares and units representing a 16.5% stake through a combination of a $10 million direct equity purchase of 1 million Class A Common Stock and 9.04 million operating units in the underlying business entity. The transaction was structured as part of AST SpaceMobile's merger with New Providence Acquisition Corp., and Vodafone obtained board nomination rights, registration rights for resale of securities, and the ability to convert its operating units to Class A Common Stock beginning April 2022, subject to transfer restrictions and lock-up provisions through a stockholders agreement with other major investors including Abel Avellan, Rakuten, American Tower, and Invesat. | r/ASTS |
| 2021-04-16 | 3 | Vodafone Ventures Ltd and its parent Vodafone Group Plc disclosed beneficial ownership of over 10% of AST SpaceMobile following the April 6, 2021 business combination between New Providence Acquisition Corp. and AST & Science LLC, acquiring 1 million Class A shares, 9.04 million Class B shares, and 9.04 million AST Common Units that are convertible to Class A shares starting April 6, 2022. The AST Common Units were issued through a reclassification of existing limited liability company units at a conversion ratio of 1-to-14.50149869, establishing Vodafone as a significant strategic investor in the newly public satellite communications company. | r/ASTS |
| 2021-04-16 | 3 | Gustavo A. Cisneros and his affiliated entity Invesat LLC disclosed their initial beneficial ownership stakes in AST SpaceMobile following the company's April 6, 2021 business combination closing, acquiring approximately 10.2 million Class B common units and 200,000 Class A shares through a $2 million PIPE investment plus earlier purchases of New Providence Acquisition Corp units. The reporting persons also hold derivative securities including warrants exercisable at $11.50 per share, call options at $20 per share, and incentive equity options, with their holdings subject to a stockholders' agreement requiring coordinated voting on certain company matters alongside other major shareholders including Vodafone Ventures and Rakuten Mobile. | r/ASTS |
| 2021-04-12 | 8-K | On April 6, 2021, AST SpaceMobile completed its merger with special purpose acquisition company New Providence Acquisition Corp., raising approximately $456 million in gross proceeds to fund satellite development and operations. The combined company began trading on Nasdaq under ticker symbols ASTS and ASTSW, with existing AST equityholders and sponsors retaining approximately 77.8% ownership while public stockholders and PIPE investors each hold 12.7%, though the founders maintain 95.5% voting control through multi-class share structure. AST is manufacturing its BlueWalker 3 test satellite targeted for launch in late 2021 and holds strategic partnerships with major telecom companies including Rakuten Mobile, Vodafone, and others for providing satellite-based mobile services. | r/ASTS |
| 2021-04-08 | 3 | Director Adriana Cisneros disclosed beneficial ownership of 5,600 shares of Class A Common Stock and warrants to purchase 2,800 shares held indirectly through her spouse, acquired via purchases of New Providence Acquisition Corp. units in December 2020 and January 2021 at prices ranging from $10.80 to $15.82 per unit. The warrants are exercisable at $11.50 per share and become active 30 days after completion of the initial business combination or 12 months after the IPO closing, whichever is later, expiring five years after the business combination. | r/ASTS |
| 2021-04-08 | 4 | Director Adriana Cisneros acquired 200,000 shares of Class A common stock at $10 per share and approximately 9.9 million Class B common units through Invesat LLC as part of the April 6, 2021 business combination closing between New Providence Acquisition Corp. and AST & Science, LLC. She also received stock options totaling over 1 million shares exercisable at $0.0642 per share, with vesting and redemption provisions tied to the business combination anniversary dates. | r/ASTS |
| 2021-04-08 | 3 | Amin Tareq filed an initial Form 3 statement on April 6, 2021, disclosing his position as a director at AST SpaceMobile, Inc. The filing indicates that Tareq beneficially owns no securities in the company as of the filing date. This is a standard initial disclosure form required when a new officer or director joins a public company. | r/ASTS |
| 2021-04-08 | 3 | Hernandez Rulfo Fernando, Chief Accounting Officer of AST SpaceMobile, filed an initial beneficial ownership statement on April 6, 2021, disclosing that he owns no securities in the company. The filing was signed by attorney Brian Heller on April 8, 2021 and included a power of attorney exhibit. | r/ASTS |
| 2021-04-08 | 3 | Abel Antonio Avellan filed an initial Form 3 on April 6, 2021, upon becoming Chief Executive Officer and Director of AST SpaceMobile. The filing indicates that Avellan beneficially owned no securities in the company at the time of filing. | r/ASTS |
| 2021-04-08 | 3 | Luke Ibbetson filed an initial Form 3 statement on April 6, 2021 indicating he became a director of AST SpaceMobile but reported no beneficial ownership of any securities. The filing was executed with a power of attorney on behalf of Ibbetson by Brian Heller on April 8, 2021. | r/ASTS |
| 2021-04-08 | 3 | Edward D. Knapp filed an initial Form 3 statement on April 6, 2021, disclosing his position as a director of AST SpaceMobile, Inc. The filing indicates that Knapp beneficially owned no securities in the company at the time of the filing. This was a standard disclosure document required upon Knapp's assumption of his director role. | r/ASTS |
| 2021-04-08 | 3 | Hiroshi Mikitani filed an initial Form 3 statement on April 6, 2021, disclosing his position as a director of AST SpaceMobile, Inc. The filing indicates that Mikitani owns no securities in the company at the time of this initial beneficial ownership statement. | r/ASTS |
| 2021-04-08 | 3 | Ronald L. Rubin filed an initial Form 3 statement on April 6, 2021, disclosing his position as a Director at AST SpaceMobile, Inc. The filing indicates that Rubin beneficially owned no securities in the company at the time of filing. This is a standard disclosure required when a company insider assumes a new officer or director role. | r/ASTS |
| 2021-04-08 | 3 | Richard Sarnoff filed an initial Form 3 statement on April 6, 2021, indicating he became a director of AST SpaceMobile, Inc. The filing shows that Sarnoff held no beneficial ownership of any securities in the company at the time of filing. This is a standard disclosure required when a new officer or director assumes their position. | r/ASTS |
| 2021-04-08 | 3 | Thomas E. Severson Jr. filed an initial Form 3 on April 6, 2021, disclosing his positions as Director and Chief Financial & Operating Officer of AST SpaceMobile, Inc. The filing indicates that Severson held no beneficial ownership of any securities in the company at the time of filing. | r/ASTS |
| 2021-04-08 | 3 | Julio A. Torres, a director of AST SpaceMobile, filed an initial beneficial ownership statement on April 6, 2021, disclosing that he owned no securities in the company at the time of filing. The form was signed on April 8, 2021, by Brian Heller as attorney-in-fact, with no derivative securities or other holdings reported. | r/ASTS |
| 2021-04-08 | 3 | Brian Heller, Executive Vice President, General Counsel and Secretary of AST SpaceMobile, filed an initial Form 3 statement on April 8, 2021, disclosing that he beneficially owns no securities in the company as of April 6, 2021. The filing indicates Heller's officer position but shows no direct or indirect equity holdings, derivative securities, or options in AST SpaceMobile at the time of this initial beneficial ownership disclosure. | r/ASTS |
| 2021-04-08 | 4 | Abel Antonio Avellan, CEO and 10% owner of AST SpaceMobile, acquired 78,163,078 shares of Class C Common Stock and an equivalent number of Common Units on April 6, 2021, as part of the company's business combination between New Providence Acquisition Corp. and AST & Science, LLC. The Common Units held by Avellan are redeemable for Class A Common Stock on a one-to-one basis starting April 6, 2022, and do not have an expiration date. | r/ASTS |
| 2021-04-08 | 4 | Coleman Alexander, a director and 10% owner of AST SpaceMobile, acquired 5,710,000 shares of Class A Common Stock on April 6, 2021, when his Class B Common Stock automatically converted on a one-for-one basis following the closing of the business combination between New Providence Acquisition Corp. and AST & Science, LLC. This transaction reflects the completion of the SPAC merger that took AST SpaceMobile public. | r/ASTS |
| 2021-04-08 | 4 | On April 6, 2021, Hiroshi Mikitani, founder and CEO of Rakuten, acquired approximately 28.5 million Class B Common Stock shares and 2.5 million Class A Common Stock shares valued at $10 per share through his control of Rakuten entities in connection with the business combination closing between New Providence Acquisition Corp. and AST & Science, LLC. Mikitani's ownership was structured indirectly through Rakuten Mobile USA Service Inc. and Rakuten Mobile, Inc., with the Class B shares originally issued as Common Units that were reclassified as part of the merger on a 1-to-14.50149869 basis. | r/ASTS |
| 2021-04-08 | 4 | Director Richard Sarnoff acquired 348,035 stock options with an exercise price of $0.06 per share on April 6, 2021, as part of AST SpaceMobile's business combination between New Providence Acquisition Corp. and AST & Science, LLC. The options vest in 24 equal monthly installments beginning May 16, 2019, and expire on May 16, 2029. This transaction reflects the equity restructuring that occurred when the SPAC merger closed and existing AST common units were reclassified and reissued on a 1-to-14.50149869 basis. | r/ASTS |
| 2021-04-08 | 4 | On April 6, 2021, Thomas E. Severson Jr., Chief Financial and Operating Officer of AST SpaceMobile, acquired 1,595,165 Class B Common Stock shares and 1,595,165 Common Units as part of the business combination closing between New Providence Acquisition Corp. and AST & Science, LLC, along with stock options for 1,566,161 Common Units exercisable at $0.06 per share. The Common Units are redeemable for Class A Common Stock on a one-to-one basis beginning April 6, 2022, and the stock options vest 20% on October 1, 2018, with the remainder vesting in 48 equal monthly installments. | r/ASTS |
| 2021-04-06 | 25-NSE | AST SpaceMobile voluntarily withdrew its securities from listing on the Nasdaq Stock Market, effective April 6, 2021, through the filing of a Form 25 notification with the SEC. The company complied with all applicable exchange rules and SEC requirements governing the delisting process. This action removed AST SpaceMobile's securities from public trading on Nasdaq and terminated their registration under Section 12(b) of the Securities Exchange Act. | r/ASTS |