AST SpaceMobile US$614m registered direct offerings with the 2.25% convertible notes
AST SpaceMobile sold shares in two registered direct offerings, alongside new convertible notes, to repurchase US$296.5m of older convertible notes.
- Company
- AST SpaceMobile
- Type
- Equity raise
- Status
- Completed
- Date
- 13 Feb 2026
- Value
- US$614.3m
- Value basis
- 6,337,964 Class A shares at US$96.92 in two registered direct offerings (US$433.7m and US$180.5m), alongside a US$1bn 2.25% convertible notes offering
- Region
- US
- Segment
- Listed equity
Parties
- AST SpaceMobile issuer
Key terms
- Price
- US$96.92 a share
- Concurrent offering
- US$1bn 2.25% convertible senior notes due 2036
- Use of proceeds
- Repurchase of US$250m of 2.375% convertible notes and about US$46.5m of 4.25% convertible notes
Sources
- AST SpaceMobile prospectus supplement (Form 424B5): registered direct offering of 4,475,223 shares sec.gov · Feb 2026
- AST SpaceMobile prospectus supplement (Form 424B5): registered direct offering of 1,862,741 shares sec.gov · Feb 2026
Record ORB-INV-2026-0026. Investments are kept apart from the financings register and never counted in debt totals.
