Welcome to our dedicated page for AST SpaceMobile SEC filings (Ticker: ASTS), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
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. filed its annual report describing progress toward building a space-based Cellular Broadband network that connects directly to everyday 2G/4G‑LTE/5G smartphones. The company reported a net loss attributable to common stockholders of $341.9 million for the year ended December 31, 2025.
AST SpaceMobile is testing its BlueWalker and BlueBird satellite platforms, has launched Block 1 satellites and its first Block 2 satellite BB6, and is working with more than 50 mobile network operators covering nearly 3 billion subscribers. It plans 45–60 additional Block 2 satellites by the end of 2026 to support initial noncontinuous and later continuous service in key markets.
The report highlights significant capital needs to fund satellite production, launches, ground infrastructure and a $550.0 million Ligado spectrum transaction, as well as dependence on regulatory approvals and commercial agreements with partners like AT&T, Verizon, Vodafone and STC. As of February 26, 2026, shares outstanding were 292,637,039 Class A, 11,215,111 Class B and 78,163,078 Class C common shares.
AST SpaceMobile reported its first meaningful year of revenue in 2025, generating $70.9 million, up from about $4.4 million in 2024. Fourth quarter revenue was $54.3 million, mainly from delivering 15 gateways across five continents and U.S. government service contracts.
The company is still deeply loss‑making, with a 2025 net loss attributable to common stockholders of $341.9 million and total operating expenses of $358.6 million. AST SpaceMobile ended 2025 with $2.8 billion in cash, cash equivalents and restricted cash and cites over $3.9 billion in total liquidity pro forma for a new $1.075 billion 10‑year convertible notes deal. It has incurred about $1.6 billion in capitalized property and equipment, is ramping its BlueBird satellite constellation toward 45–60 satellites by the end of 2026, and reports over $1.2 billion of contracted revenue commitments from partners.
AST SpaceMobile, Inc. disclosed that on February 20 and 23, 2026 it completed cash repurchases of approximately $46.5 million principal of its 4.25% convertible senior notes due 2032 and $250.0 million principal of its 2.375% convertible senior notes due 2032 in privately negotiated deals with noteholders.
The company paid about $180.5 million in cash for the 4.25% notes and about $433.7 million for the 2.375% notes, with the latter amount including accrued interest. These repurchases were funded using cash on hand and net proceeds from concurrent registered direct offerings of 1,862,741 and 4,475,223 Class A shares at $96.92 per share.
AST SpaceMobile, Inc. has closed an additional private offering of its 2.25% Convertible Senior Notes due 2036. Initial purchasers exercised their option to buy an extra $75,000,000 of these notes, which settled on February 20, 2026.
This brings the total outstanding principal amount of the convertible notes to $1,075,000,000. Based on the initial maximum conversion rate of 10.3177 shares per $1,000 principal amount, a maximum of 11,091,528 shares of Class A common stock may initially be issued upon conversion, subject to customary anti-dilution adjustments.
The notes were sold in a private placement under Section 4(a)(2) and resold to qualified institutional buyers under Rule 144A, with any conversion shares expected to be issued under an exemption from registration pursuant to Section 3(a)(9) of the Securities Act.
Bernal Maya reported disposition transactions in a Form 4 filing for ASTS. The filing lists transactions totaling 833 shares at a weighted average price of $82.51 per share. Following the reported transactions, holdings were 121,653 shares.
AST SpaceMobile, Inc. completed a private offering of $1.0 billion of 2.25% convertible senior notes due 2036, with an additional $150 million option for initial purchasers. The notes are unsecured, pay semiannual interest, and are convertible into Class A common stock at an initial price of about $116.30 per share, a 20% premium to the prior $96.92 share price.
The company expects net proceeds of roughly $983.7 million, to be used for general corporate purposes, including global spectrum deployment, AI-related commercialization, government space opportunities, debt reduction, and investments in its SpaceMobile service. In related transactions, AST SpaceMobile priced two registered direct offerings totaling about 6.3 million shares at $96.92 per share, primarily to fund cash repurchases of approximately $46.5 million of 4.25% convertible notes and $250.0 million of 2.375% convertible notes.
After these repurchases, about $3.5 million of the 4.25% notes and $325.0 million of the 2.375% notes will remain outstanding, while the company removes roughly $300 million of debt, about 5.2 million underlying shares, and approximately $51.4 million of remaining interest obligations.
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.