AST SpaceMobile Announces $500 Million Convertible Notes Offering
Debt Repurchase of $135 Million to Strengthen Capital Structure
A series of strategic financial transactions designed to optimize its capital structure, reduce future interest obligations, and manage potential dilution have been announced by AST SpaceMobile.
“This strategic financing strengthens our balance sheet and positions us to accelerate the deployment of our space-based cellular broadband network.”
Abel Avella…
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