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AST SpaceMobile closes $1.15B convertible notes offering at 1.625%

Tue, 21 Jul 2026 10:31:13 -0400

AST SpaceMobile, Inc. (NASDAQ: ASTS) has closed a $1.15 billion convertible senior notes offering due 2034, consisting of $1.0 billion in aggregate principal and an additional $150 million from the full exercise of an initial purchasers' option.

The notes carry a 1.625% interest rate. As part of the transaction, AST SpaceMobile purchased a capped call hedge, raising the effective conversion price to $149.20 per share, which the company says results in effective dilution of less than 2%. Settlement of the $150 million option notes is expected to occur July 22, 2026, subject to customary closing conditions.

The company said the offering brings

AST SpaceMobile closes $1.15B convertible notes offering at 1.625%

Tue, 21 Jul 2026 10:31:13 -0400

The company said the offering brings

AST SpaceMobile Announces Completion of Private Offering of $1.15 Billion of Convertible Senior Notes Due 2034

Tue, 21 Jul 2026 10:31:00 -0400

Strengthens balance sheet with over $3.8 billion in pro forma cash, cash equivalents, and restricted cash as of June 30, 2026

Structured efficiently with 1.625% interest rate and $149.20 effective conversion price with effective dilution of less than 2%

MIDLAND, Texas--(BUSINESS WIRE)-- 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 closing of $1.0 billion aggregate principal amount of 1.625% convertible senior notes due 2034 (the “notes”), and the

AST SpaceMobile Announces Completion of Private Offering of $1.15 Billion of Convertible Senior Notes Due 2034

Tue, 21 Jul 2026 10:31:00 -0400

Strengthens balance sheet with over $3.8 billion in pro forma cash, cash equivalents, and restricted cash as of June 30, 2026

Structured efficiently with 1.625% interest rate and $149.20 effective conversion price with effective dilution of less than 2%

AST SpaceMobile closes $1B convertible notes offering at 1.625%

Mon, 20 Jul 2026 16:17:31 -0400

AST SpaceMobile, Inc. (NASDAQ: ASTS) completed a private offering of $1.0 billion in aggregate principal amount of 1.625% Convertible Senior Notes due 2034, according to a press release statement.

The notes were issued on July 20, 2026, under an indenture with U.S. Bank Trust Company, National Association serving as trustee. The notes mature on February 1, 2034, and carry interest at 1.625% per year, payable semiannually on February 1 and August 1, beginning February 1, 2027.

The company also granted initial purchasers an option to buy up to an additional $150 million in principal amount of notes, exercisable within a 13-day period

AST SpaceMobile closes $1B convertible notes offering at 1.625%

Mon, 20 Jul 2026 16:17:31 -0400

AST SpaceMobile, Inc. (NASDAQ: ASTS) completed a private offering of $1.0 billion in aggregate principal amount of 1.625% Convertible Senior Notes due 2034, according to a press release statement.

The company also granted initial purchasers an option to buy up to an additional $150 million in principal amount of notes, exercisable within a 13-day period

Form 8-K AST SpaceMobile, Inc. For: Jul 15

Mon, 20 Jul 2026 16:16:00 -0400

si-local-file:///var/storage/secattach/20260720/26789884.html

Form 8-K AST SpaceMobile, Inc. For: Jul 15

Mon, 20 Jul 2026 16:16:00 -0400

si-local-file:///var/storage/secattach/20260720/26789884.html

B.Riley Upgrades AST Spacemobile (ASTS) to Buy

Fri, 17 Jul 2026 06:49:32 -0400

(Updated - July 17, 2026 6:49 AM EDT)

B.Riley analyst Mike Crawford upgraded AST Spacemobile (NASDAQ: ASTS) from Neutral to Buy with a price target of $85.00.

The analyst commented: "We maintain our $85 PT and upgrade AST SpaceMobile (ASTS) from Neutral to Buy following pricing of $1B (before potential $150M shoe) 1.625% convertible senior notes due 2034, combined with capped call transactions that increase effective conversion price from $79.57 to $149.20, the latter price representing what would be a $60B value for the company. ASTS shares have declined 44% (vs. a 13% for the ^RUT) in the six months since we

B.Riley Upgrades AST Spacemobile (ASTS) to Buy

Fri, 17 Jul 2026 06:49:32 -0400

(Updated - July 17, 2026 6:49 AM EDT)

B.Riley analyst Mike Crawford upgraded AST Spacemobile (NASDAQ: ASTS) from Neutral to Buy with a price target of $85.00.

AST SpaceMobile (ASTS) call put ratio 1 call to 1.1 puts on 389K contracts

Fri, 17 Jul 2026 06:23:56 -0400

AST SpaceMobile (NASDAQ: ASTS) 30-day call option implied volatility is 113; compared to its 52-week range of 76 to 129. Call put ratio 1 call to 1.1 puts on 389K contracts.

Piper cautious on SpaceX, points to near-term headwinds