Filings
542 filings found
| Date | Type | Summary | |
|---|---|---|---|
| 2024-09-10 | 8-K | On September 10, 2024, AST SpaceMobile held its annual stockholder meeting where shareholders approved the company's new 2024 Incentive Award Plan with 3,415,079 shares available for equity awards to employees, directors, and consultants, and re-elected all 10 board members and ratified KPMG LLP as the independent auditor for 2024. The new plan replaces the prior 2020 plan and includes provisions for annual share increases of up to 2,000,000 shares, with the administrator having broad authority to grant various forms of equity compensation including stock options, restricted stock units, and cash-based awards. | r/ASTS |
| 2024-09-10 | 4 | Director Adriana Cisneros purchased 4,934 shares of AST SpaceMobile Class A Common Stock on September 6, 2024, at prices ranging from $26.17 to $26.44 per share, bringing her total beneficial ownership to 774,772 shares held through various entities including her spouse, investment trusts, and trusts for her minor children. The purchases were made through multiple ownership structures including direct spousal holdings and entities controlled by the reporting person. | r/ASTS |
| 2024-09-09 | 144 | A former director of AST SpaceMobile, Sean Wallace, proposed to sell 100,000 Class A shares on September 9, 2024, with an aggregate market value of approximately $2.67 million at a price of roughly $26.72 per share. The securities were acquired through restricted stock vesting from compensation in November 2022 and May 2023, with no prior sales of the issuer's securities reported in the three months before this filing. | r/ASTS |
| 2024-09-05 | S-3ASR | AST SpaceMobile filed a shelf registration statement on September 5, 2024, allowing the company to offer Class A Common Stock, preferred stock, debt securities, warrants, and other securities in future offerings without specifying amounts or timing. The company is developing a satellite-based cellular broadband network to provide 4G LTE/5G connectivity directly to standard smartphones globally, with five Block 1 BlueBird satellites completed and awaiting launch targeted for September 12, 2024 or later, and plans to deploy approximately 95 satellites for full service coverage while generating initial revenue from government contracts and gateway equipment sales in 2024. Founder Abel Avellan and his permitted transferees control approximately 79.8% of voting power through Class C Common Stock, with the company having also secured $145 million in convertible financing from AT&T, Google, Vodafone, and Verizon Ventures as of the filing date. | r/ASTS |
| 2024-09-05 | 424B5 | AST SpaceMobile established an equity distribution agreement with eight financial institutions to sell up to $400 million in Class A common stock on an at-the-market basis, with the company retaining broad discretion on timing and pricing of share sales. The company has completed assembly of five Block 1 BlueBird satellites awaiting launch in September 2024 to begin limited commercial SpaceMobile Service in the United States, with plans to generate revenue from government contracts and gateway equipment sales in 2024. New investors face significant dilution of approximately $25.52 per share, as the company requires substantial capital to develop its satellite constellation, obtain regulatory approvals, and execute its business plan to provide cellular broadband directly to standard smartphones in areas without terrestrial coverage. | r/ASTS |
| 2024-09-05 | 8-K | AST SpaceMobile entered into an at-the-market equity distribution agreement on September 5, 2024 to sell up to $400 million of Class A common stock over a three-year period through eight sales agents including B. Riley Securities, Barclays, BofA Securities, and others. The company will pay the agents a 3% commission on gross sales and is not obligated to sell any shares under the agreement, which can be suspended or terminated at any time. | r/ASTS |
| 2024-09-04 | 8-K | AST SpaceMobile announced its first five commercial satellites, called Bluebirds, are targeted for launch on or after September 12, 2024, subject to launch provider readiness and weather conditions. The company expects to receive over $155 million in proceeds from the exercise of outstanding public warrants, with $71 million already received, ahead of a warrant redemption scheduled for September 27, 2024. | r/ASTS |
| 2024-08-28 | 8-K | AST SpaceMobile announced on August 28, 2024 the redemption of all outstanding public warrants (ASTSW) at a redemption price of $0.01 per warrant, with any unredeemed warrants to be redeemed by September 27, 2024. The redemption effectively eliminates the company's publicly traded warrant securities from circulation. | r/ASTS |
| 2024-08-26 | SC 13D/A | Abel Avellan's beneficial ownership stake in AST SpaceMobile decreased from a higher percentage to 33.2% of Class A Common Stock (78.2 million shares) due to an increase in outstanding shares from public warrant exercises, though Avellan himself completed no transactions. Despite the dilution, Avellan maintains dominant voting control at 79.9% through his ownership of Class C Common Stock, which carries ten votes per share. | r/ASTS |
| 2024-08-21 | 4 | Maya Bernal, Chief Accounting Officer of AST SpaceMobile, acquired 44,494 restricted stock units on August 19, 2024, at no cost, bringing her total beneficial ownership to 123,011 shares of Class A Common Stock. The RSUs vest over three years with one-third vesting annually on the anniversary date, plus an additional half that vests upon certification of performance condition satisfaction by the compensation committee. | r/ASTS |
| 2024-08-14 | 8-K | AST SpaceMobile issued a press release on August 14, 2024 announcing financial results for the second quarter and first half of 2024. The company also provided a business update presentation that was referenced during its second quarter 2024 conference call held the same day. The specific financial figures and material developments are contained in the attached exhibits but not detailed in this 8-K filing itself. | r/ASTS |
| 2024-08-14 | 10-Q | AST SpaceMobile raised $145 million through convertible notes issued to AT&T, Google, Vodafone, and Verizon in the first half of 2024, while also completing a $107.7 million public stock offering, bringing total cash to $285 million as of June 30. The company recognized $1.4 million in revenue from government contract work and recorded $21.8 million in contract liabilities from advance payments for its SpaceMobile Service and gateway equipment, though commercial service has not yet launched. Operating losses widened significantly to $171.2 million for the six months ended June 30, 2024 compared to $94.8 million in the prior year period, driven by $40.3 million in depreciation expense on satellite and equipment assets, along with $47.9 million in losses from remeasurement of warrant liabilities due to stock price volatility. | r/ASTS |
| 2024-07-30 | DEF 14A | Abel Avellan's company secured over $600 million in capital through equity, convertible notes, and non-dilutive prepayments over the past three years, with the board approving a new 2024 Incentive Award Plan to reserve an additional 2 million shares for future awards to retain executive talent. The filing documents the annual meeting scheduled for September 10, 2024, where stockholders will vote on director elections, auditor ratification, and the new equity plan, with Avellan controlling approximately 80.4% of voting power through his Class C Common Stock holdings. | r/ASTS |
| 2024-07-30 | DEFA14A | AST SpaceMobile filed additional proxy materials with the SEC as definitive supplemental disclosure materials related to a shareholder meeting. The filing itself contains no substantive financial data, business updates, or material events—it is procedurally a cover page indicating no filing fee was required and that the company (rather than an outside party) submitted these materials. | r/ASTS |
| 2024-07-30 | ARS | Annual report to shareholders (PDF document). View the original document for full content. | r/ASTS |
| 2024-07-25 | 8-K | AST SpaceMobile completed assembly of its first five commercial satellites, known as Bluebirds, each equipped with 693-square-foot communications arrays, with shipment to Cape Canaveral scheduled for early August and a targeted September launch window. The satellites will undergo final testing and monitoring before launch vehicle integration, with the exact launch date to be confirmed closer to the launch window, consistent with the company's previous guidance for July or August delivery followed by orbital launch. | r/ASTS |
| 2024-07-22 | 424B3 | AST SpaceMobile completed a corporate reorganization on March 4, 2024, in which Antares Technologies LLC acquired 10,445,200 shares of Class A Common Stock, replacing prior shareholder Invesat LLC in a transaction designed to facilitate tax optimization structures. The company is developing a satellite-based cellular broadband network intended to provide mobile connectivity directly to standard smartphones in areas lacking terrestrial coverage, with five Block 1 commercial satellites scheduled for launch between July and August 2024, expected to achieve initial revenue generation from limited service areas and government contracts while advancing development of more powerful Block 2 satellites. AST SpaceMobile, which has not yet generated commercial revenue from its SpaceMobile Service, continues to operate under the control of founder Abel Avellan and related parties who hold approximately 80.4% voting power through Class C shares, while the company pursues partnerships with mobile network operators globally to deploy its constellation of satellites and establish commercial operations. | r/ASTS |
| 2024-07-22 | EFFECT | AST SpaceMobile's S-3 registration statement became effective on July 22, 2024, allowing the company to offer and sell securities including common stock, preferred stock, debt securities, and warrants under a shelf registration framework. The effectiveness of this S-3 provides AST SpaceMobile with flexibility to raise capital from the public markets over time without requiring separate registration statements for future offerings. | r/ASTS |
| 2024-07-18 | CORRESP | AST SpaceMobile requested acceleration of its Form S-3 registration statement effective date to July 22, 2024, enabling the company to proceed with a securities offering. The filing did not disclose specific financial figures or business developments, instead serving as a procedural request to expedite the regulatory approval process for capital raising purposes. | r/ASTS |
| 2024-07-11 | SC 13D/A | Abel Avellan, the company's founder and controlling shareholder, filed an amended Schedule 13D disclosing that his beneficial ownership of AST SpaceMobile's Class A Common Stock decreased from a higher percentage to 34.2% of outstanding shares (78.2 million shares), solely due to the company issuing additional shares under an equity distribution agreement rather than any sale by Avellan himself. Avellan retains an 80.4% voting interest through his ownership of all Class C Common Stock, which carries ten votes per share with no economic rights, maintaining effective control of the company despite the diluted economic ownership percentage. | r/ASTS |
| 2024-07-03 | S-3/A | AST SpaceMobile filed an amended Form S-3 registration statement on July 3, 2024 to register 10,445,200 shares of Class A Common Stock for resale by Antares Technologies LLC, which acquired these shares through the Antares Reorganization on March 4, 2024 in exchange for shares previously held by Invesat LLC. The company will not receive proceeds from the resale and will bear all registration costs while the selling stockholder bears commissions and discounts, with the shares trading on Nasdaq under ticker ASTS at $11.61 per share as of June 28, 2024. | r/ASTS |
| 2024-07-03 | CORRESP | AST SpaceMobile responded to SEC staff comments on its June 2024 Form S-3 registration statement regarding disclosure of the March 4, 2024 Antares Reorganization, clarifying that the transaction was structured under Section 11.8 of its operating agreement and involved a merger between company subsidiaries and Invesat LLC, Antares Technologies LLC, and Hackney Capital Ventures LTD. The company stated that Class A common stock issued to Antares in the transaction relied on the Section 4(a)(2) exemption from registration as a non-public offering, and referenced previously filed merger documentation in a Schedule 13D/A filing. The company also asserted the merger agreement was immaterial and thus not required to be separately filed as an exhibit to the registration statement. | r/ASTS |
| 2024-07-01 | 3 | Scott Wisniewski, President of AST SpaceMobile, filed an initial beneficial ownership statement on June 19, 2024, disclosing direct ownership of 521,110 shares of Class A Common Stock. His disclosed holdings include restricted stock units valued at 218,750 shares with staggered vesting dates between March and May 2025, subject to continued employment with the company. | r/ASTS |
| 2024-07-01 | 3 | Yao Huiwen, Chief Technology Officer of AST SpaceMobile, filed an initial beneficial ownership statement on June 19, 2024, disclosing indirect ownership of derivative securities consisting of two tranches of AST LLC Incentive Equity Options totaling 762,434 shares underlying Class A Common Stock with exercise prices of $0.0641 and $0.6001 per share. The options vest over time and are exercisable between October 2023 and May 2030, with conversion contingent on a multi-step process involving AST LLC units and redemption rights. | r/ASTS |
| 2024-07-01 | 3 | Christopher Sambar became a director of AST SpaceMobile as of June 19, 2024, and reported no beneficial ownership of any securities or derivative securities in the company as of the filing date. The Form 3 was signed on July 1, 2024, by the company's Chief Legal Officer on Sambar's behalf. | r/ASTS |