AST SpaceMobile (ASTS) Announces 12M Share Offering
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AST SpaceMobile, Inc. Announces Launch of Offering of Class A Common Stock
June 27, 2023 4:31 PM EDTMIDLAND, Texas--(BUSINESS WIRE)-- AST SpaceMobile, Inc. (NASDAQ: ASTS) (the Company or AST SpaceMobile) announced today the launch of a public offering of 12,000,000 shares of its Class A common stock, par value $0.0001 per share (the Class A Common Stock), in an underwritten public offering. The Company intends to use the net proceeds of the offering for general corporate purposes, including expected cash payments related to launch services and related additional equipment and services in the third quarter of 2023.
The underwriter intends to offer the shares of Class A Common Stock from... More
