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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
Businesswireยท 2025-10-22 03:10
Core Viewpoint - AST SpaceMobile, Inc. is advancing its initiative to create the first space-based cellular broadband network that can be accessed directly by everyday smartphones, targeting both commercial and government applications [1] Group 1: Financial Actions - The company announced a cash repurchase of $50.0 million aggregate principal amount of its 4.25% convertible senior notes due 2032 [1] - Additionally, AST SpaceMobile is offering approximately 2.0 million shares as part of its financial strategy [1]