Filings
542 filings found
| Date | Type | Summary | |
|---|---|---|---|
| 2025-03-03 | 10-K | AST SpaceMobile is building a satellite-based cellular broadband network designed to deliver 4G LTE/5G speeds directly to standard smartphones, with five first-generation commercial satellites launched in September 2024 and plans to deploy approximately 60 next-generation Block 2 satellites during 2025-2026 to enable continuous service coverage in key markets. The company has secured definitive commercial agreements with AT&T and Vodafone and approximately 50 preliminary agreements with other mobile network operators, positioning it to generate revenue through wholesale revenue-sharing arrangements once the SpaceMobile Service becomes commercially operational. As of December 31, 2024, AST SpaceMobile had accumulated losses and was investing heavily in satellite manufacturing, assembly, and ground infrastructure, with approximately 578 employees worldwide supporting development of proprietary technology including over 3,500 patent and patent-pending claims. | r/ASTS |
| 2025-02-28 | 3 | Keith Larson, a director of AST SpaceMobile, filed an initial beneficial ownership statement on January 31, 2025, disclosing that he owns no securities in the company as of that date. The filing indicates no direct or indirect holdings of common stock, options, warrants, or other derivative securities. | r/ASTS |
| 2025-02-27 | 4 | Maya Bernal, Chief Accounting Officer of AST SpaceMobile, acquired 3,000 restricted stock units on February 24, 2025, which will vest on February 15, 2026, subject to continued employment. Following this transaction, Bernal beneficially owns 123,579 shares of Class A Common Stock directly. | r/ASTS |
| 2025-02-10 | SCHEDULE 13D | AT&T and its venture investment arm converted a $35 million subordinated convertible note into 6,260,440 shares of AST SpaceMobile Class A Common Stock on February 3, 2025, giving them a 2.7% ownership stake in the satellite communications company. The initial conversion price was $5.75 per share with a 5.50% annual interest rate, and the conversion became optional for AT&T after January 22, 2025. As part of the investment, AT&T Venture Investments secured a board seat and director nomination rights, along with registration rights for the converted shares, positioning AT&T as a strategic investor in AST SpaceMobile's cellular broadband satellite network initiative. | r/ASTS |
| 2025-02-10 | 3 | AT&T Inc. and its subsidiary AT&T Venture Investments LLC filed an initial beneficial ownership statement disclosing indirect ownership of 6,260,440 shares of AST SpaceMobile Class A Common Stock as of February 3, 2025. The reporting persons are part of a stockholder group under AST SpaceMobile's Amended and Restated Stockholders' Agreement dated June 5, 2024, and disclaim beneficial ownership except to the extent of their pecuniary interest in the securities. | r/ASTS |
| 2025-02-07 | 8-K | Rakuten Mobile reduced its board designation rights at AST SpaceMobile from two directors to one director and gained one observer seat, with the company's board size decreasing from 13 to 12 members to eliminate Rakuten's previously vacant directorship seat. The change was formalized through a First Amendment to the Stockholders' Agreement signed on February 5, 2025, and does not alter the current board composition. This adjustment follows Rakuten's October 2024 completion of a blocker merger that consolidated its economic interests in the company. | r/ASTS |
| 2025-02-03 | 8-K | Christopher Sambar resigned as AT&T's designee on the board effective January 29, 2025, with no disagreement cited as the reason, and was replaced by Keith Larson, a retired Intel Capital executive and current AT&T consultant. Additionally, Andrew Johnson, who joined the company in May 2024 as Chief Financial Officer and Chief Legal Officer, was appointed as a director on January 30, 2025, filling an existing board vacancy. | r/ASTS |
| 2025-01-31 | 8-K | The company announced that its 2025 Annual Meeting of Stockholders will be held on May 15, 2025. Due to the meeting date differing by more than 30 days from the prior year's anniversary date, stockholders have until February 14, 2025 to submit director nominations, business proposals, or Rule 14a-8 proposals for inclusion in proxy materials. | r/ASTS |
| 2025-01-27 | SCHEDULE 13D/A | Abel Avellan, the controlling shareholder and CEO of AST SpaceMobile, filed an amendment to his Schedule 13D on January 27, 2025, disclosing that his beneficial ownership stake decreased to 25.0% of Class A common stock following the company's forced conversion of approximately $148.5 million in 2024 convertible notes into 25.8 million shares. Avellan maintains 76.1% voting control through his ownership of Class C common stock, which carries ten votes per share, and has not engaged in any stock transactions over the past 60 days. | r/ASTS |
| 2025-01-27 | 8-K | AST SpaceMobile completed a private offering of $460 million in 4.25% convertible senior notes due 2032, with net proceeds of approximately $446.3 million after fees and $44.5 million spent on capped call transactions. The notes are convertible into Class A common stock at an initial conversion price of $26.99 per share, representing a 20% premium to the January 22, 2025 closing price, and cannot be redeemed by the company before March 6, 2029. The company plans to use the remaining net proceeds for working capital and general corporate purposes, including potential strategic transactions. | r/ASTS |
| 2025-01-22 | 8-K | AST SpaceMobile announced a proposed private offering of $400 million in convertible senior notes due 2032, with an additional $60 million option for initial purchasers, and intends to enter into capped call transactions. The company also exercised its option to force conversion of approximately $148 million in principal amount of existing 2034 convertible notes into approximately 25.8 million shares of Class A common stock at $5.75 per share. The offering is intended to supplement liquidity, with preliminary financial results for the full year 2024 provided in connection with the transaction. | r/ASTS |
| 2025-01-07 | 8-K | On January 5, 2025, AST SpaceMobile agreed to a strategic collaboration with Ligado Networks LLC, gaining long-term access to up to 45 MHz of lower mid-band spectrum for direct-to-device satellite services, contingent on Ligado's Chapter 11 bankruptcy restructuring approval. In exchange, AST will provide Ligado with approximately 4.7 million penny warrants, between $350-550 million in cash or equity, $80 million in annual spectrum usage payments through 2107, and revenue share payments, while securing a $550 million non-recourse financing facility to support these obligations. | r/ASTS |
| 2025-01-06 | 8-K | AST SpaceMobile entered into a binding agreement with Ligado Networks on January 6, 2025 to receive long-term access to up to 45 MHz of lower mid-band spectrum in the United States for direct-to-device satellite applications. The spectrum access agreement represents a significant strategic development for the company's satellite communications business, enabling direct connectivity capabilities in the U.S. market. | r/ASTS |
| 2024-11-20 | 8-K | CEO Abel Avellan entered into a variable prepaid forward contract through a special purpose vehicle on November 20, 2024, representing approximately 3.2% of his personal holdings and less than 1% of the company's outstanding shares, with settlement scheduled for January 2026 at a forward floor price of $18.24 and cap price of $34.20 per share covering up to 2.5 million shares. The non-dilutive transaction, which was board-approved and does not involve the sale of his existing shares, was structured for personal financial planning purposes and demonstrates Avellan's confidence in the company, as he maintains voting rights and retains upside participation up to the cap price while affirming his intention to remain a long-term shareholder. | r/ASTS |
| 2024-11-20 | 144 | Abel Avellan, AST SpaceMobile's Chairman and CEO, proposed to sell 2.5 million shares of Class A Common Stock valued at approximately $58.95 million through a pre-paid forward contract with Citigroup, with the sale scheduled for November 20, 2024. The shares being sold were pledged as collateral under the contract and originated from common units of AST & Science, LLC that Avellan contributed to AA Gables, LLC, the entity executing the transaction. This represents an insider securities sale subject to Rule 144 restrictions and public disclosure requirements. | r/ASTS |
| 2024-11-20 | 4 | CEO Abel Avellan's entity AA Gables entered into a variable prepaid forward contract on November 20, 2024, obligating it to deliver up to 2.5 million shares of AST SpaceMobile Class A Common Stock to an unaffiliated dealer in January 2026, with settlement amounts determined by volume-weighted average prices against a floor of $18.24 and cap of $34.20 per share. In exchange for this obligation, AA Gables received approximately $42 million in upfront cash and pledged 2.5 million common units of AST & Science, LLC as collateral while retaining voting rights. | r/ASTS |
| 2024-11-20 | SC 13D/A | Abel Avellan, AST SpaceMobile's chairman and CEO, entered into a variable prepaid forward contract on November 20, 2024, through his entity AA Gables LLC, receiving approximately $42 million in upfront cash in exchange for an obligation to deliver up to 2.5 million shares of Class A Common Stock in January 2026, with the number of shares determined by volume-weighted average pricing between a floor of $18.24 and cap of $34.20 per share. Avellan pledged 2.5 million AST Common Units to secure the obligation while retaining voting rights, and maintains beneficial ownership of 78.2 million shares representing 28.1 percent of the Class A Common Stock outstanding. | r/ASTS |
| 2024-11-14 | 8-K | AST SpaceMobile announced its financial results for the third quarter and nine months ended September 30, 2024, through a press release issued on November 14, 2024. The company also provided a Third Quarter 2024 Business Update presentation for discussion during a conference call held the same day. The specific financial figures and material developments are contained in the attached exhibits but are not detailed in this 8-K filing cover. | r/ASTS |
| 2024-11-14 | 10-Q | AST SpaceMobile launched five commercial BlueBird satellites in September 2024 and completed their deployment in October 2024, marking a major operational milestone for the company's direct-to-cell satellite broadband network. The company raised approximately $431 million in gross proceeds during the first nine months of 2024 through various equity offerings and warrant exercises, significantly strengthening its cash position to $516 million as of September 30, increasing from $86 million at year-end 2023. Despite these achievements, the company reported a net loss of $264 million for the nine-month period, driven primarily by a $285 million non-cash loss on warrant liability remeasurement, along with $186 million in operating expenses including engineering, general and administrative, research and development, and depreciation costs. | r/ASTS |
| 2024-11-12 | SC 13G/A | The Vanguard Group reported beneficial ownership of 10,031,410 shares of AST SpaceMobile common stock as of September 30, 2024, representing 6.62% of the class, with sole dispositive power over 9,804,744 shares and shared voting power over 98,990 shares. Vanguard holds these securities on behalf of its investment adviser clients and registered investment companies, with no single client's interest exceeding 5% of the company's outstanding shares. The filing certifies that the securities were not acquired for the purpose of controlling or influencing AST SpaceMobile's management. | r/ASTS |
| 2024-11-08 | SC 13G | BlackRock, Inc. reported beneficial ownership of 10,003,612 shares of AST SpaceMobile Class A Common Stock as of September 30, 2024, representing 6.3 percent of the outstanding class. BlackRock holds sole voting power over 9,756,449 shares and sole dispositive power over all 10,003,612 shares, with no shared voting or dispositive rights, and certified that the securities were acquired in the ordinary course of business without intent to influence company control. | r/ASTS |
| 2024-11-04 | SC 13G/A | The Vanguard Group reported beneficial ownership of 10,031,410 shares of AST SpaceMobile Inc common stock as of September 30, 2024, representing 6.62% of the class, filed pursuant to Rule 13d-1(b) as an investment adviser. Vanguard holds sole dispositive power over 9,804,744 shares and shared voting power over 98,990 shares, with no single client owning more than 5% of the reported securities. | r/ASTS |
| 2024-11-04 | SC 13G/A | The Vanguard Group reported beneficial ownership of 10,031,410 common shares of AST SpaceMobile as of September 30, 2024, representing 6.62% of the class. Vanguard holds sole dispositive power over 9,804,744 shares and shared voting power over 98,990 shares, with the securities held on behalf of various Vanguard clients and managed accounts. No individual client's interest in these securities exceeds 5% ownership. | r/ASTS |
| 2024-11-04 | SC 13G/A | The Vanguard Group reported beneficial ownership of 10,031,410 common shares of AST SpaceMobile Inc as of September 30, 2024, representing 6.62% of the class. Vanguard has sole dispositive power over 9,804,744 shares and shared voting power over 98,990 shares, with the holdings managed on behalf of its clients including registered investment companies and managed accounts. This Schedule 13G/A filing documents Vanguard's significant passive investment position in the satellite communications company. | r/ASTS |
| 2024-10-22 | SC 13G | BlackRock, Inc. disclosed beneficial ownership of 10,003,612 Class A Common Stock shares in AST SpaceMobile, representing 6.3% of the outstanding class as of September 30, 2024. The filing was made on behalf of BlackRock's various subsidiaries and investment advisory entities, with BlackRock certifying the securities were acquired in the ordinary course of business without intent to change or influence control of the issuer. | r/ASTS |