Close

AST SpaceMobile (ASTS) Announces Pricing of Upsized $75,000,000 Public Offering of Class A Common Stock

Go back to AST SpaceMobile (ASTS) Announces Pricing of Upsized $75,000,000 Public Offering of Class A Common Stock

AST SpaceMobile, Inc. Announces Pricing of Upsized $75,000,000 Public Offering of Class A Common Stock

November 30, 2022 7:01 AM EST

MIDLAND, Texas--(BUSINESS WIRE)-- AST SpaceMobile, Inc. (NASDAQ: ASTS) (the Company or AST SpaceMobile) announced today the pricing of its previously announced public offering of its Class A common stock, par value $0.0001 per share (the Class A Common Stock). The Company has agreed to sell 13,636,364 shares of Class A Common Stock at a price to the public of $5.50 per share. The Company has granted the underwriter a 30-day option to purchase up to an additional 2,045,454 shares of Class A Common Stock at the public offering price, less the underwriting discounts and commissions, solely to cover... More