secwatch.observer — SEC 8-K summary
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Issuer:     AST SpaceMobile, Inc. (ASTS)
CIK:        0001780312
Form:       8-K
Filed at:   2024-09-05T23:59:59+00:00
Accession:  0001193125-24-213775
Event type: other_material
Sentiment:  neutral
Materiality: 0.75
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1780312/000119312524213775/0001193125-24-213775-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1780312/000119312524213775/d651229d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-213775

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