AST SpaceMobile SPAC merger with New Providence
- Company
- AST SpaceMobile
- Type
- SPAC merger
- Status
- Completed
- Date
- 6 Apr 2021
- Value
- US$457m
- Value basis
- SPAC business combination; c.$457m gross proceeds incl. PIPE
- Region
- US
- Segment
- Listed equity
Parties
- AST SpaceMobile issuer
Key terms
- Structure
- SPAC business combination; c.$457m gross proceeds incl. PIPE
Sources
- AST SpaceMobile Form 8-K exhibit 99.3 sec.gov · 12 Apr 2021
Record ORB-INV-2021-0004. Investments are kept apart from the financings register and never counted in debt totals.
