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.
AST SpaceMobile, Inc. (ASTS) reported that Chief Accounting Officer Bernal Maya had 2,919 shares of Class A Common Stock withheld on 2026-08-15 to satisfy tax liability associated with the vesting of Restricted Stock Units. The RSU vesting covered 7,416 shares, resulting in a net of 4,497 shares delivered. Following this tax-withholding disposition, Maya directly holds 112,449 shares of Class A Common Stock.
AST SpaceMobile, Inc. (ASTS) reported that President Scott Wisniewski had two Form 4 transactions coded "F", both described as payments of tax liability by withholding shares rather than open-market sales. On 2026-08-15, 9,838 and 12,297 shares of Class A Common Stock were withheld at $70.98 per share in connection with the vesting of equity awards. These relate to the vesting of 25,000 Restricted Stock Units and 31,250 performance-based stock unit awards, resulting in net vested amounts of 15,162 and 18,953 shares, respectively.
AST SpaceMobile, Inc. reported rapidly growing early-stage revenue but significantly higher losses for the quarter ended June 30, 2026. Total revenue was $31,520 (thousands), up from $1,156 (thousands) a year earlier, driven mainly by $24,428 (thousands) of product sales to mobile network operators and $7,092 (thousands) of services revenue, largely from U.S. government-related contracts.
Operating scale-up continues to be costly. Total operating expenses were $329,097 (thousands), including high engineering services costs, stock-based compensation and a $125,911 (thousands) loss on involuntary conversion related to the BB7 satellite de-orbit. Net loss attributable to common stockholders was $(230,909) (thousands) for the quarter and $(421,921) (thousands) for the first half, both wider than the prior year.
The company remains heavily capitalized and investment-focused, with total assets of $5,854,885 (thousands), including substantial cash, cash equivalents and restricted cash of $2,722,834 (thousands), and property and equipment of $2,069,336 (thousands). Long-term debt totaled $3,022,152 (thousands) in principal, mainly convertible notes. AST SpaceMobile reported remaining performance obligations of about $1.2 billion, reflecting multi-year contracts with mobile operators and government customers.
AST SpaceMobile reported rapid top-line growth but heavy losses for the quarter ended June 30, 2026. Second quarter revenue was $31.5 million, up from $1.2 million a year earlier, driven by gateway deliveries and U.S. government milestones, and management reiterated full-year 2026 revenue guidance of $150–200 million.
Total operating expenses rose to $329.1 million, including an $125.9 million loss on involuntary conversion, leading to a quarterly net loss attributable to common stockholders of $230.9 million and a six‑month loss of $421.9 million. Non‑GAAP adjusted operating expenses were $119.1 million in the quarter, up from $91.2 million in Q1. Operating cash outflow was $145.2 million for the first half, alongside $859.2 million of capital expenditures.
AST SpaceMobile highlighted a $1.30 billion revenue backlog, over 60 mobile network operator partnerships covering more than 3 billion subscribers, and multiple U.S. government awards totaling over $125 million. As of June 30, 2026, it held $2.7 billion in cash, cash equivalents and restricted cash, and subsequently raised $1.150 billion via 1.625% convertible senior notes, bringing pro forma liquidity above $3.7 billion while continuing to invest in a 13‑satellite constellation and nearly 50 planned gateways.
AST SpaceMobile, Inc. executive Christopher Edward Turco, EVP and Chief of Staff, reported initial beneficial ownership of 500 shares of Class A Common Stock held directly as of 2026-07-14. This Form 3 reflects a holding entry only, with no reported purchases or sales.
AST SpaceMobile, Inc. completed a private offering of $1.0 billion aggregate principal amount of 1.625% Convertible Senior Notes due February 1, 2034, plus an option for initial purchasers to buy up to an additional $150 million.
The unsecured notes pay 1.625% interest semiannually and are convertible upon specified stock-price and trading-condition triggers, and at any time from November 1, 2033, at an initial conversion rate of 12.5672 shares per $1,000 (conversion price approximately $79.57 per share). AST SpaceMobile may settle conversions in cash, stock or a combination. A capped call, costing $96.9 million, is designed to reduce potential dilution and/or offset cash paid above principal.
Net proceeds are estimated at $983.6 million (rising to $1,131.2 million if the option is fully exercised). The company plans to fund growth initiatives and secure additional launch and orbital access for its space-based cellular broadband network. Initially, based on an initial maximum conversion rate of 15.0806 shares per $1,000, up to 15,080,600 Class A shares may be issued upon conversion, subject to adjustments.
AST SpaceMobile, Inc. plans a private offering of $1.0 billion aggregate principal amount of convertible senior notes due 2034 to qualified institutional buyers, with an option for initial purchasers to buy up to an additional $150 million. The notes will be senior unsecured, pay interest semiannually, mature on February 1, 2034, and be convertible into cash, Class A common stock, or a combination, at the company’s election. Final interest and conversion terms will be set at pricing. The company also intends to enter into capped call transactions to help reduce potential dilution and/or offset cash payments above principal upon conversion.
Preliminary unaudited figures indicate total cash, cash equivalents and restricted cash of approximately $2,723 million as of June 30, 2026. Based on current expectations, the launch campaign is targeting about 45 BlueBird satellites in early 2027, subject to launch readiness and other factors. AST SpaceMobile is in advanced discussions with Rakuten regarding preliminary selection of RAST Co., Ltd. as an indirect subsidy recipient for Japan’s J-LEO project, with a total expected value up to 148 billion yen (about $1 billion), though there is no assurance a joint venture or government financing will be finalized.
AST SpaceMobile, Inc. President Scott Wisniewski reported a routine tax-withholding transaction related to restricted stock unit (RSU) vesting. On this Form 4/A, 16,395 shares of Class A Common Stock were withheld to cover tax liabilities when RSUs representing 41,666 shares vested.
After this withholding, the net number of vested shares was 25,271, which were retained as part of his equity position. Following the transaction, Wisniewski directly owned 729,578 shares of Class A Common Stock. The amendment corrects the previously reported withheld amount from 16,377 shares to 16,395 shares.
AST SpaceMobile’s chairman and CEO Abel Avellan updated his ownership report, showing beneficial ownership of 78,252,625 shares of Class A Common Stock, or 20.8% of the class, and a 71.6% voting interest through his ownership of all Class C Common Stock.
Through his wholly owned LLC AA Gables 2, Avellan entered a variable prepaid forward transaction under Rule 144 covering up to 2,500,000 shares. AA Gables 2 received about $146.7 million upfront and pledged 2,500,000 AST Common Units as collateral. Settlement in March 2028 depends on the stock’s future price, with a floor of $59.58 and a cap of $111.72, and AA Gables 2 retains voting rights on the pledged securities during the contract term.
AST SpaceMobile Chief Executive Officer Abel Avellan, through AA Gables 2, LLC, entered into a variable prepaid forward contract covering up to 2,500,000 shares of Class A Common Stock. The contract is structured in four components of up to 625,000 shares each, settling on specified dates in March 2028.
The settlement share amount will depend on the volume-weighted average price on each valuation date, with a floor price of $59.58 and a cap price of $111.72. AA Gables 2 received an upfront cash payment of about $146.7 million and pledged 2,500,000 common units of AST & Science, LLC as collateral, while retaining voting rights in the pledged securities.