AST SpaceMobile (ASTS) Prices 32.26M Share Offering at $3.10/sh

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Go back to AST SpaceMobile (ASTS) Prices 32.26M Share Offering at $3.10/sh

AST SpaceMobile, Inc. Announces Pricing of $100,000,000 Public Offering of Class A Common Stock

January 18, 2024 9:18 PM 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 32,258,064 shares of Class A Common Stock at a price to the public of $3.10 per share. The Company has granted the underwriter a 30-day option to purchase up to an additional 4,838,709 shares of Class A Common Stock at the public offering price, less the underwriting discounts and commissions. The gross... More