AST SpaceMobile filings document the development, financing, governance, and material events of a public company building a direct-to-device satellite broadband network. Its 8-K reports cover financial results, business-update materials, BlueBird satellite launch matters, and capital-structure transactions involving Class A common stock and convertible senior notes.
Proxy materials describe annual meeting voting matters, board composition, stockholder agreement rights, executive compensation, and governance practices. Registration and financing disclosures address shelf offerings, registered direct offerings, note indentures, conversion terms, risk factors, indebtedness, and the funding needs associated with satellite manufacturing and deployment.
Vodafone Ventures Limited and Vodafone Group Plc report beneficial ownership of 14,516,197 AST SpaceMobile Class A-equivalent shares, representing 5% of the class. This consists of 5,471,743 shares of Class A Common Stock and 9,044,454 AST Common Units, plus 9,044,454 shares of Class B Common Stock.
Each AST Common Unit may be redeemed or exchanged for one Class A share or, at AST SpaceMobile’s election, a cash payment based on the Class A share value, with an equivalent number of Class B shares forfeited on exchange. The 5% figure assumes 277,628,960 Class A shares outstanding as of November 6, 2025 and conversion of the 9,044,454 AST Common Units.
The amendment states that Vodafone ceased to be a beneficial owner of more than 5% of the Class A Common Stock because the total number of AST SpaceMobile Class A shares increased, rather than due to any transactions by Vodafone. The reporting persons confirm that they have not traded AST SpaceMobile Class A stock in the past 60 days.
AST SpaceMobile is issuing 1,862,741 shares of Class A common stock in a registered direct offering at $96.92 per share, for gross proceeds of about $180.5 million and estimated net proceeds of about $180.2 million. The company plans to use these funds, together with cash on hand, to repurchase approximately $46.5 million principal amount of its 4.25% convertible notes for about $180.5 million in cash, in cross-conditional transactions. Concurrently but separately, it is marketing $1.0–1.15 billion of new 2.25% convertible notes and a separate registered direct sale of 4,475,223 shares to help fund a planned $250.0 million repurchase of 2.375% convertible notes. The filing also highlights the successful unfolding of the BlueBird 6 satellite and preliminary 2025 figures showing revenues of $63–71 million, operating expenses of $355–363 million, cash and restricted cash of about $2,780 million, total indebtedness of about $2,264 million, and approximately $1.6 billion in gross capitalized property and equipment.
AST SpaceMobile, Inc. is selling 4,475,223 shares of Class A Common Stock in a registered direct offering at $96.92 per share, raising approximately $433.3 million in gross proceeds.
The company plans to use these proceeds, together with cash on hand, to repurchase $250.0 million principal amount of its 2.375% convertible senior notes due 2032 in privately negotiated cash transactions. Separately, it is also running a $1.0 billion offering of 2.25% convertible senior notes due 2036 and a concurrent registered direct equity sale of 1,862,741 additional shares to fund further repurchases of 4.25% convertible notes.
AST SpaceMobile also provides preliminary 2025 figures, with revenues estimated between $63 million and $71 million, operating expenses between $355 million and $363 million, and adjusted operating expenses between $257 million and $263 million. As of December 31, 2025, it reports approximately $2,780 million in total cash and equivalents, $1.6 billion in gross capitalized property and equipment, and about $2,264 million in total consolidated indebtedness across multiple convertible note series and secured facilities.
AST SpaceMobile, Inc. is launching a registered direct offering of Class A common stock, alongside a planned $1,000,000,000 Concurrent Offering of new convertible senior notes due 2036 and a separate additional registered direct stock sale. The company plans to use proceeds, together with cash on hand, to repurchase up to $50,000,000 principal of 4.25% convertible notes and up to $250,000,000 principal of 2.375% convertible notes in privately negotiated cash transactions.
Preliminary 2025 results show revenues of approximately $63–$71 million and operating expenses of approximately $355–$363 million, with adjusted operating expenses of about $257–$263 million. As of December 31, 2025, cash and restricted cash were about $2,780 million, total consolidated indebtedness about $2,264 million, and gross capitalized property and equipment costs about $1.6 billion. The company also reports successful deployment of its BlueBird 6 satellite, designed to deliver higher-capacity 4G and 5G broadband directly to standard smartphones.
AST SpaceMobile, Inc. plans a primary registered direct offering of Class A common stock while simultaneously arranging a new convertible note issuance and a second registered direct equity sale. Together with existing cash, these financings are aimed at repurchasing up to $200 million of 2.375% convertible notes and up to $50 million of 4.25% convertible notes through privately negotiated transactions, reducing higher‑coupon debt.
The company reports strong liquidity, with preliminary 2025 cash, cash equivalents and restricted balances of about $2.78 billion against total consolidated indebtedness of about $2.264 billion, including three series of convertible notes and secured borrowings. Preliminary 2025 revenue is estimated between $63–$71 million, with operating expenses of about $355–$363 million and adjusted operating expenses of $257–$263 million.
AST SpaceMobile continues to build its space-based cellular broadband network, highlighting the successful unfolding of its BlueBird 6 satellite and cumulative capitalized property and equipment costs of roughly $1.6 billion. The filing also details significant regulatory, funding and execution risks tied to satellite deployment, spectrum transactions, multi-class voting control and potential future dilution from equity and convertible securities.
AST SpaceMobile, Inc. outlined a major financing plan and shared preliminary 2025 figures. The company plans a private offering of $1.0 billion in convertible senior notes due 2036, with an option for an additional $150 million, alongside two registered direct equity offerings to fund up to $300 million of repurchases of its 2032 convertible notes.
Preliminary 2025 revenues are estimated at $63–$71 million, with operating expenses of $355–$363 million and adjusted operating expenses of $257–$263 million. As of December 31, 2025, cash and restricted cash were about $2,780 million and total consolidated indebtedness about $2,264 million, reflecting significant use of debt to fund its satellite constellation and the Ligado spectrum transaction.
The Vanguard Group filed an amended Schedule 13G reporting beneficial ownership of 21,488,180 shares of AST SpaceMobile common stock, representing 7.68% of the class as of 12/31/2025. Vanguard reports no sole voting or dispositive power, with all voting and dispositive authority shared across accounts it manages.
Vanguard notes that, following an internal realignment effective January 12, 2026, certain subsidiaries or business divisions are expected to report beneficial ownership separately on a disaggregated basis, while continuing the same investment strategies. Vanguard also certifies the position is held in the ordinary course of business and not for the purpose of changing or influencing control of AST SpaceMobile.
AST SpaceMobile’s Chief Operating Officer reported a tax-related share withholding and corrected a past share count error. On 09/15/2024, 25,575 shares of Class A Common Stock were withheld at $29.83 per share to cover taxes upon vesting of Restricted Stock Units tied to 50,000 shares, leaving a net 24,425 shares from that grant. After this transaction, the officer directly holds 348,232 Class A shares. The filing also explains that a Form 4 filed on September 17, 2024, and subsequent Forms 4 had overstated the officer’s direct Class A Common Stock holdings by 50,000 shares due to an administrative error, which this amendment corrects.
AST SpaceMobile, Inc. reported a change in its board of directors following the resignation of Mr. Hiroshi Mikitani on January 13, 2026, effective the same day. Mr. Mikitani had served as the designee of Rakuten Group, Inc. under a stockholders agreement, but subsequent issuances of Class A common stock reduced Rakuten’s ownership below the level required to continue designating a director. Rakuten still has the contractual right to appoint one observer to the board. The company stated that Mr. Mikitani’s resignation was not due to any disagreement regarding its operations, policies, or practices. On January 16, 2026, the board reduced its size from 12 directors to 11 to remove the vacant seat previously held by Mr. Mikitani.
AST SpaceMobile director Keith Larson reported buying additional shares of the company’s Class A common stock. On 12/24/2025, he acquired 625 shares at a price of $ 80 per share, recorded as an indirect holding through an IRA account. Following this transaction, he beneficially owned 2,015 Class A shares in total through this indirect arrangement.
The filing notes that the purchase was made under a pre-established Rule 10b5-1 trading plan that Larson adopted on September 8, 2025. A Rule 10b5-1 plan is a preset trading program that allows insiders to buy or sell stock according to predetermined instructions.