After going from $5 a share at the start of the year to less than half that by May to an all-time high north of $38 a share back in August, would-be satellite communications stock AST SpaceMobile ...
AST SpaceMobile is progressing toward global satellite telecom, hitting key milestones and reducing the likelihood of further dilutive capital raises. The company now has a strong cash position ($1.5B ...
Satellite communications firm AST SpaceMobile, Inc.(ASTS) on Wednesday announced a major step toward reducing its debt obligations by repurchasing a substantial portion of its convertible notes to ...
AST SpaceMobile (NASDAQ: ASTS) stock lost ground over the last week of trading even though the broader market saw bullish momentum. The satellite communications company's share price ended the week's ...
The company announced that it is seeking to raise $500 million through a private offering. The convertible notes will be due in 2032, and initial purchasers will get the option to acquire another $75 ...
The $155 million in new cash will swell AST's coffers to $440 million and, with payment already made on the company's first five BlueBird communications satellites (which launched on Thursday), the ...