AST SpaceMobile enters $400M ATM equity distribution agreement for up to 3 years

AST SpaceMobile, Inc.

Agreement to sell up to $400M of Class A common stock through at-the-market offering.
Agents include B. Riley, Barclays, BofA, Cantor Fitzgerald, Deutsche Bank, Roth Capital, Scotia, UBS.
Commission rate of up to 3.0% of gross sales price per share sold.
Term: up to 3 years or earlier upon sale of all shares or termination by either party.
Shares offered under existing shelf registration; prospectus supplement filed Sep 5, 2024.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.