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0.00101522842639582 0.000564015792442156 -0.00101522842639598 -0.00259447264523411 -0.00101522842639598 -0.0124083474337282 -0.00564015792442188 -0.00564015792442188
Stock impact report

AST SpaceMobile Prices Repurchases of Convertible Senior Notes to be Funded By Concurrent Registered Direct Offerings of Class A Common Stock

AST SpaceMobile, Inc. - Class A (ASTS) 
Company Research Source: Business Wire
Repurchasing approximately $300 million principal amount of existing convertible senior notes and removing approximately 5.2 million underlying shares as well as approximately $51.4 million of remaining interestIssuing approximately 6.3 million shares to participating note holders to fund the repurchase 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 pricing of cash repurchases (the “Repurchases”) of approximately $46.5 million aggregate principal amount of its 4.25% convertible senior notes due 2032 (the “4.25% Convertible Notes”) and $250.0 million of its 2.375% convertible senior notes due 2032 (the “2.375% Convertible Notes” and, together with the 4.25% Notes, the “Existing Notes”) and its offering of approximately 6.3 million shares of Show less Read more
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