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…