AST SpaceMobile, Inc. Announces Launch of Offering of $100,000,000 of Class A Common Stock
ASTSAST SpaceMobile(ASTS) Businesswire·2024-01-19 05:39

MIDLAND, Texas--(BUSINESS WIRE)--AST SpaceMobile, Inc. (NASDAQ: ASTS) (the “Company” or “AST SpaceMobile”) announced today the launch of a public offering of 100,000,000ofitsClassAcommonstock,parvalue100,000,000 of its Class A common stock, par value 0.0001 per share (the “Class A Common Stock”). The Company will grant the underwriter a 30-day option to purchase up to an additional $15,000,000 of shares of Class A Common Stock at the public offering price, less the underwriting discounts and commissions. The Company intends to use the net proceed ...