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AST SpaceMobile Prices Repurchase of Convertible Senior Notes to be Funded By Concurrent Registered Direct Offering of Class A Common Stock
Businesswire· 2025-10-22 11:10
MIDLAND, Texas--(BUSINESS WIRE)---- $ASTS #AST--AST SpaceMobile, Inc. ("AST SpaceMobile†)(NASDAQ: ASTS), the company building the first and only space-based cellular broadband network accessible directly by everyday smartphones, designed for both commercial and government applications, today announced the pricing of a cash repurchase (the "Repurchase† ) of $50.0 million aggregate principal amount of its 4.25% convertible senior notes due 2032 (the "Existing Notes†) and its offering of approximately 2.0 ...