AST SpaceMobile Moves to Fund Convertible Note Repurchase
Prices Repurchase of Convertible Notes and Registered Direct Offering of Class A Common Stock
AST SpaceMobile has announced the pricing of a cash repurchase (the “Repurchase”) of $225 million aggregate principal amount of its 4.25% convertible notes due 2032 (the “2032 convertible notes”) pursuant to separate, privately negotiated repurchase transactions with a limited number of holders of the 2032 convertible notes and a registered direct offer…
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