AST SpaceMobile US$161m registered direct offering with the 2036 convertible notes
AST SpaceMobile sold shares directly to investors alongside its US$1bn convertible notes and used the money to repurchase 4.25% convertible notes.
- Company
- AST SpaceMobile
- Type
- Equity raise
- Status
- Completed
- Date
- 23 Oct 2025
- Value
- US$161.1m
- Value basis
- 2,048,849 Class A shares at US$78.61 (US$161.1m), alongside a US$1bn 2.00% convertible notes offering
- Region
- US
- Segment
- Listed equity
Parties
- AST SpaceMobile issuer
Key terms
- Price
- US$78.61 a share
- Concurrent offering
- US$1bn 2.00% convertible senior notes due 2036
- Use of proceeds
- With cash on hand, repurchase of US$50m principal of 4.25% convertible notes
Sources
- AST SpaceMobile prospectus supplement (Form 424B5): registered direct offering of 2,048,849 shares sec.gov · Oct 2025
Record ORB-INV-2025-0035. Investments are kept apart from the financings register and never counted in debt totals.
