AST SpaceMobile launches $500M at-the-market equity offering program

AST SpaceMobile, Inc.

ATM agreement allows sale of up to $500M of Class A common stock over up to 3 years.
Agents include B. Riley, Barclays, BofA, Cantor Fitzgerald, Deutsche Bank, Roth Capital, Scotia, UBS, William Blair.
Commission rate up to 3% of gross sales price per share sold.
Prior September 2024 ATM agreement terminated concurrently with new arrangement.
Prospectus supplement filed May 13, 2025 under existing S-3 shelf registration.

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