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. president Scott Wisniewski reported two transactions in Class A common stock. He completed an open-market sale of 47,000 shares on March 17, 2025 at a weighted average price of $94.75 per share, with individual trades ranging from $94.12 to $95.27. He also made a bona fide gift of 3,000 shares as a contribution to a non-profit organization. After these dispositions, he directly holds 663,681 shares of Class A common stock.
ASTS submitted a Form 144 notice reporting proposed sale of Class A shares. The filing lists a broker-dealer Fidelity Brokerage Services LLC and shows a proposed quantity of 47,000 Class A shares. The excerpt also lists restricted stock vesting entries of 44,050 (vested 09/26/2024) and 2,950 (vesting 09/26/2025).
AST SpaceMobile Chief Technology Officer Huiwen Yao exercised AST LLC Incentive Equity Options linked to 40,000 shares of Class A Common Stock. The options carried an exercise price of $0.0641 per share, and the transaction is reported as an acquisition rather than a market sale.
After the exercise, Yao directly holds 44,750 shares of Class A Common Stock and indirectly holds 299,912 shares through related interests. Footnotes explain that AST LLC Incentive Equity Options convert into units that can ultimately be exchanged for Class A Common Stock, with options expiring no later than 10 years from grant.
AST SpaceMobile chairman Abel Avellan updated his ownership in the company’s Class A common stock. He may be deemed to beneficially own 78,163,078 shares issuable upon conversion of an equal number of AST & Science LLC common units, representing 20.8% of the Class A shares on an as-converted basis.
The filing explains that his percentage ownership fell by more than one percentage point since the prior amendment, even though he did not sell any Class A stock or other company securities and reported no transactions in the last 60 days. The decline results from increases in AST SpaceMobile’s outstanding Class A shares.
Those increases came from several actions: a registered direct issuance of 1,862,741 shares to repurchase approximately $46.5 million principal of 4.25% convertible senior notes due 2032, another 4,475,223 shares to repurchase $250.0 million principal of 2.375% convertible senior notes due 2032, 4,713,671 shares issued on exercise of penny warrants held by Ligado, and about 6.5 million shares sold under an at-the-market facility. The filing also notes Avellan’s separate 71.7% voting interest through super-voting Class C shares.
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.