Filings
542 filings found
| Date | Type | Summary | |
|---|---|---|---|
| 2025-08-11 | 8-K | AST SpaceMobile issued a press release on August 11, 2025 announcing financial results for the second quarter and first half of 2025. The company also furnished a Second Quarter 2025 Business Update presentation that was referenced during a conference call held the same day. The specific financial figures and material business developments are contained in the attached exhibits but are not detailed in this 8-K filing document itself. | r/ASTS |
| 2025-08-11 | 10-Q | AST SpaceMobile completed the deployment of five first-generation commercial BlueBird satellites in 2024 and achieved major milestones in 2025 including successful voice and video calls over its network with multiple carriers (AT&T, Verizon, Vodafone, Rakuten Mobile), demonstrating its direct-to-cell satellite technology. The company raised significant capital during the first half of 2025 through convertible notes ($460 million in January and $575 million in July) and at-the-market equity offerings, bringing cash to $923.6 million as of June 30, 2025, while incurring a net loss of $145.1 million on revenues of $1.9 million. Warrant liability remeasurement losses of $68.2 million and substantial capital expenditures of $430.6 million for satellite manufacturing and assembly reflected the company's heavy investment phase as it progresses toward commercial service deployment. | r/ASTS |
| 2025-08-07 | 8-K | AST SpaceMobile agreed to acquire EllioSat Ltd. from CCUR Holdings for $26 million upfront plus $10 million each on the second and third anniversaries of closing, with an additional $16.65 million payable upon successful launch and in-service operation of an L/S satellite and $1.85 million after 90 days of continuous operation. The acquisition gives AST SpaceMobile access to S-Band ITU priority rights for Mobile Satellite Services frequencies in the 1980-2010 MHz and 2170-2200 MHz ranges for low Earth orbit use, with the transaction expected to close in the second half of 2025. The company may pay consideration in cash, Class A common stock, or a combination thereof at its discretion. | r/ASTS |
| 2025-07-31 | 8-K | On July 31, 2025, AST SpaceMobile completed a registered direct offering of 5.78 million shares of Class A common stock at $60.06 per share, raising approximately $347 million in net proceeds. The company used these proceeds to repurchase $135 million in principal amount of its 4.25% convertible senior notes due 2032 for an aggregate repurchase price of approximately $346.9 million, including accrued interest, in separately negotiated transactions with select note holders. | r/ASTS |
| 2025-07-29 | 8-K | AST SpaceMobile completed a private offering of $575 million in 2.375% Convertible Senior Notes due 2032, with net proceeds of approximately $560 million after underwriting fees and $54.1 million in capped call transaction costs. The Notes are convertible at $72.07 per share (representing a 20% premium to the July 24, 2025 stock price), mature on October 15, 2032, and cannot be redeemed by the company before October 22, 2029. The company intends to use the remaining proceeds for working capital and general corporate purposes, including potential strategic transactions. | r/ASTS |
| 2025-07-28 | 424B5 | AST SpaceMobile raised approximately $347 million in a registered direct offering of 5.78 million shares at $60.06 per share, concurrent with a $500 million convertible notes offering, with plans to use proceeds to repurchase $135 million of existing convertible debt and fund satellite manufacturing and launch operations. The company is developing satellite-based cellular broadband service through its Block 1 and next-generation Block 2 BlueBird satellites, with successful testing milestones achieved including 5G calls to unmodified smartphones and partnership agreements with major carriers like AT&T, Verizon, and Vodafone, while also securing spectrum access through a pending Ligado Networks transaction valued at $550 million. | r/ASTS |
| 2025-07-25 | FWP | AST SpaceMobile raised approximately $346 million through a registered direct placement of 5.78 million shares at $60.06 per share on July 24, 2025, with settlement on July 31, 2025. Concurrently, the company issued $500 million of 2.375% convertible senior notes due 2032 (potentially $575 million with the greenshoe option) expected to net approximately $487 million, with $47 million allocated to capped call transactions. The company intends to use the equity offering proceeds to repurchase $135 million principal amount of its higher-yielding 4.25% convertible notes due 2032 for approximately $347 million total cost, effectively refinancing at a lower rate while managing dilution. | r/ASTS |
| 2025-07-24 | 8-K | AST SpaceMobile announced a proposed offering of $500 million in convertible senior notes due 2032 and a concurrent registered direct offering of Class A common stock to fund the repurchase of up to $135 million of existing convertible notes. As of June 30, 2025, the company had approximately $939.4 million in cash and cash equivalents with total consolidated indebtedness of $278.6 million, and it has nearly exhausted its $500 million at-the-market offering program by selling 13.6 million shares for $488.7 million in net proceeds. | r/ASTS |
| 2025-07-24 | 424B5 | AST SpaceMobile is raising capital through a registered direct offering of Class A common stock and a concurrent offering of $500 million in convertible senior notes due 2032 to fund satellite development, operations, and a $550 million payment obligation to Ligado for spectrum access rights. The company, which operates a satellite-based cellular broadband network designed to work with standard smartphones, has launched five first-generation Block 1 satellites and successfully completed video calls with major carriers including Vodafone, AT&T, and Verizon, with plans to launch over 60 next-generation Block 2 satellites beginning in 2025 to achieve continuous service coverage across key markets like the United States, Europe, and Japan. | r/ASTS |
| 2025-07-18 | 8-K | AST SpaceMobile's subsidiary Spectrum USA I, LLC entered into a $550 million non-recourse senior secured loan agreement with Sound Point Agency LLC on July 15, 2025, to fund payments to Ligado Networks for acquiring up to 45 MHz of lower mid-band spectrum in the United States and Canada for satellite direct-to-device applications. The loan carries an interest rate of Term SOFR plus 8.0% or an alternate base rate plus 9.0%, with a maturity ranging from 48 to 60 months depending on funding timing, and is secured by substantially all assets of the borrower and a special purpose subsidiary guarantor but not by AST SpaceMobile's own assets or operations. | r/ASTS |
| 2025-07-15 | SCHEDULE 13D/A | Abel Avellan's beneficial ownership stake in AST SpaceMobile decreased from a higher percentage to 23.0% of Class A Common Stock (78,163,078 shares) following the company's July 3, 2025 registered direct offering and concurrent $225 million repurchase of convertible notes, plus ongoing equity sales under an at-the-market facility. Despite the dilution, Avellan maintains dominant 74.1% voting control through his ownership of all Class C Common Stock, which carries ten votes per share, and he made no personal stock transactions during the period. | r/ASTS |
| 2025-07-03 | 8-K | AST SpaceMobile secured a $100 million equipment financing facility from Trinity Capital with $25 million drawn immediately and up to $75 million available through June 2027, with monthly payments of approximately $556,650 over five years on the initial draws. The company simultaneously completed a $502.9 million repurchase of $225 million in convertible notes funded by a $503 million equity offering of 9.45 million shares at $53.22 per share, eliminating approximately 8.3 million underlying shares and $63.8 million in remaining interest obligations. | r/ASTS |
| 2025-07-01 | 8-K | AST SpaceMobile completed an issuance and sale of Class A Common Stock pursuant to a prospectus supplement dated June 25, 2025, with Freshfields US LLP providing legal opinion on the legality of the offering. The filing contains no material financial figures or specific details about the offering size, pricing, or use of proceeds beyond documenting the legal opinion required for the stock issuance. | r/ASTS |
| 2025-06-26 | 8-K | On June 23, 2025, a Delaware bankruptcy court approved AST SpaceMobile's transaction with Ligado Networks to acquire long-term access to up to 45 MHz of lower mid-band spectrum in the United States and Canada for direct-to-device satellite applications. The company will pay approximately $550 million in consideration, with $535 million directed to Inmarsat as part of a settlement, structured as $420 million by October 31, 2025, $100 million by March 31, 2026, and $15 million upon regulatory approval and closing, supported by a $550 million non-recourse financing commitment and supplemented by Inmarsat's agreement to support the company's regulatory applications. SpectrumCo will also pay at least $80 million annually for spectrum usage rights and provide Ligado long-term net revenue sharing rights, with spectrum access payments beginning September 30, 2025, subject to regulatory approvals and other closing conditions. | r/ASTS |
| 2025-06-26 | 4/A | Director Julio A. Torres received a grant of 4,810 restricted stock awards on June 6, 2025, at no cost, bringing his total beneficial ownership to 57,438 Class A common shares. This Form 4/A amendment corrects the original filing to reflect the award as restricted stock awards rather than restricted stock units, with the shares vesting in full on the earlier of the one-year anniversary or the next annual stockholder meeting, contingent on continued service. | r/ASTS |
| 2025-06-26 | 4/A | Director Ronald L. Rubin received a grant of 4,810 restricted stock awards on June 6, 2025, with no purchase price, bringing his total beneficial ownership to 70,438 Class A common shares. The filing is an amendment correcting the award type from restricted stock units to restricted stock awards, which vest on the earlier of the one-year anniversary or the next annual stockholders meeting, contingent on continued service. | r/ASTS |
| 2025-06-26 | 4/A | Director Johan Wibergh received a grant of 4,810 restricted stock awards in AST SpaceMobile on June 6, 2025, with no monetary cost, bringing his total beneficial ownership to 28,200 shares. The restricted stock awards vest in one year or at the next annual stockholder meeting, whichever comes first, subject to continued service. This Form 4/A amendment corrects the original filing to reclassify the award type from restricted stock units to restricted stock awards. | r/ASTS |
| 2025-06-26 | 4/A | Richard Sarnoff, a director and 10% owner of AST SpaceMobile, received a grant of 4,810 restricted stock awards on June 6, 2025 with no monetary consideration, bringing his total beneficial ownership to 77,438 Class A shares. The filing is an amendment correcting the award type from restricted stock units to restricted stock awards, with the shares vesting on the earlier of one year from the grant date or the next annual stockholder meeting, contingent on continued service. | r/ASTS |
| 2025-06-26 | 4/A | Director Adriana Cisneros acquired 4,810 restricted stock awards of AST SpaceMobile Class A Common Stock on June 6, 2025, with no monetary consideration, bringing her total beneficial ownership to 782,526 shares. This Form 4/A amendment corrects the original filing to reflect that the awards were granted as restricted stock awards rather than restricted stock units, vesting in full on the one-year anniversary of the grant date or at the next annual stockholder meeting, whichever occurs earlier, contingent on continued service. | r/ASTS |
| 2025-06-26 | 4 | Director Adriana Cisneros acquired 801 restricted stock awards of AST SpaceMobile Class A Common Stock on June 24, 2025, with no monetary consideration, bringing her total beneficial ownership to 783,327 shares. The restricted stock awards vest in full on the earlier of the one-year anniversary of June 6, 2025, or the next annual stockholder meeting, contingent on continued service. | r/ASTS |
| 2025-06-26 | 4 | Director Julio A. Torres acquired 801 restricted stock awards in AST SpaceMobile on June 24, 2025, at no cost, bringing his total beneficial ownership to 58,239 Class A common shares. The restricted awards vest in full on the earlier of the one-year anniversary from June 6, 2025, or the next annual stockholder meeting, subject to continued service. | r/ASTS |
| 2025-06-26 | 4 | Richard Sarnoff, a director and 10% owner of AST SpaceMobile, acquired 801 restricted stock awards on June 24, 2025, at no cost, bringing his total beneficial ownership to 78,239 shares. The restricted shares vest in full on the earlier of June 6, 2026, or the next annual stockholder meeting, subject to continued service. | r/ASTS |
| 2025-06-26 | 4 | Director Johan Wibergh acquired 801 restricted stock awards of AST SpaceMobile Class A Common Stock on June 24, 2025, at no monetary cost, bringing his total beneficial ownership to 29,001 shares. The restricted awards vest in full on the earlier of the one-year anniversary of June 6, 2025, or the next annual stockholder meeting, contingent on continued service. | r/ASTS |
| 2025-06-26 | 4 | Director Ronald L. Rubin acquired 801 restricted stock awards of AST SpaceMobile Class A Common Stock on June 24, 2025, with no monetary consideration, bringing his total beneficial ownership to 71,239 shares. The restricted stock awards vest in full on the earlier of June 6, 2026 or the next annual stockholder meeting, contingent on continued service as a director. | r/ASTS |
| 2025-06-25 | 8-K | On June 25, 2025, AST SpaceMobile priced a registered direct offering of Class A common stock and announced a concurrent repurchase of a portion of its 4.25% convertible senior notes due 2032, with proceeds from the stock offering intended to fund the convertible note buyback. The specific terms and financial figures for both transactions were detailed in an accompanying press release filed with the SEC. | r/ASTS |