AST SpaceMobile US$100m share offering (January 2024)
AST SpaceMobile raised US$100m from an underwritten share offering.
- Company
- AST SpaceMobile
- Type
- Equity raise
- Status
- Completed
- Date
- 23 Jan 2024
- Value
- US$100m
- Value basis
- 32,258,064 Class A shares at US$3.10 (US$100m)
- Region
- US
- Segment
- Listed equity
Parties
- AST SpaceMobile issuer
Key terms
- Price
- US$3.10 a share
- Joint book-running managers
- UBS Investment Bank and Barclays, with Deutsche Bank, B. Riley and Scotiabank
- Use of proceeds
- General corporate purposes
Sources
- AST SpaceMobile prospectus supplement (Form 424B5): 32,258,064 shares of Class A common stock sec.gov · 18 Jan 2024
Record ORB-INV-2024-0021. Investments are kept apart from the financings register and never counted in debt totals.
