---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-24-002914"
form_type: "8-K"
ticker: "ASTS"
cik: "0001780312"
company_name: "AST SpaceMobile, Inc."
filed_at: "2024-01-18T23:59:59+00:00"
generated_at: "2026-06-06T22:01:35.627307+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.9
calibrated_materiality_score: 0.9
confidence: "high"
source: SEC EDGAR
---

# AST SpaceMobile secures $155M strategic investment from AT&T, Google, Vodafone; plans up to $306.5M financing

## Summary
- AT&T, Google, and Vodafone commit $110M in convertible notes (5.50% interest, 10-yr) and $45M in commercial payments.
- Company plans $100M stock offering and $51.5M credit facility draw, targeting up to $306.5M total gross proceeds.
- Preliminary cash $88.1M; Q4 opex $55.3-61.0M; FY2023 opex $216.8-222.5M.
- First five commercial BlueBird satellite launch delayed to Q2 2024 from previously expected late Q1.
- Stockholder filed class action lawsuit in Delaware over de-SPAC merger; outcome uncertain.

## SEC filing metadata
- accession: 0001493152-24-002914
- form_type: 8-K
- ticker: ASTS
- cik: 0001780312
- company_name: AST SpaceMobile, Inc.
- filed_at: 2024-01-18T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.9
- calibrated_materiality_score: 0.9
- confidence: high
- sec_items: 1.01, 2.02, 2.03, 3.02, 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1780312/000149315224002914/0001493152-24-002914-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1780312/000149315224002914/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-24-002914
- JSON: https://secwatch.observer/filing/0001493152-24-002914.json
- Plain text: https://secwatch.observer/filing/0001493152-24-002914.txt

## Key facts
- Debt Financings
  AST SpaceMobile, Inc. incurred convertible notes of $110.0 million with AT&T Venture Investments, LLC, Google LLC, and Vodafone Ventures Limited at 5.50% per year maturing ten-year term.
  - Instrument: convertible notes
  - Principal: $110.0 million
  - Counterparty: AT&T Venture Investments, LLC, Google LLC, and Vodafone Ventures Limited
  - Rate: 5.50% per year
  - Maturity: ten-year term
  - Event: incurrence
  source text: the Company entered into a Convertible Security Investment Agreement (the "Investment Agreement") with AT&T, Google and Vodafone. Pursuant to the Investment Agreement, the Investors have agreed to purchase the Company’s subordinated convertible notes for an aggregate principal amount of $110.0 million
  evidence_url: https://www.sec.gov/Archives/edgar/data/1780312/000149315224002914/0001493152-24-002914-index.htm
- Earnings Releases
  AST SpaceMobile, Inc. reported preliminary financial results for the three and twelve months ended December 31, 2023.
  - Period: the three and twelve months ended December 31, 2023
  - Result: preliminary results
  source text: Set forth below are the Company's unaudited preliminary estimated results for cash and cash equivalents and restricted cash, and capitalized property and equipment costs as of December 31, 2023, and Total operating expenses and Adjusted operating expenses for the three and twelve months ended December 31, 2023 and cash and cash equivalents and restricted cash, and capitalized property and equipment costs as of December 31, 2022, and Total operating expenses and Adjusted operating expenses for the three and twelve months ended December 31, 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1780312/000149315224002914/0001493152-24-002914-index.htm
- Material Agreements
  AST SpaceMobile, Inc. entered into Convertible Security Investment Agreement with AT&T, Google and Vodafone valued at aggregate principal amount of $110.0 million (effective 2024-01-16).
  - Action: entry
  - Agreement: notes offering
  - Counterparty: AT&T, Google and Vodafone
  - Value: aggregate principal amount of $110.0 million
  - Effective: 2024-01-16
  source text: On January 16, 2024, the Company entered into a Convertible Security Investment Agreement (the “Investment Agreement”) with AT&T, Google and Vodafone. Pursuant to the Investment Agreement, the Investors have agreed to purchase the Company’s subordinated convertible notes for an aggregate principal amount of $110.0 million
  evidence_url: https://www.sec.gov/Archives/edgar/data/1780312/000149315224002914/0001493152-24-002914-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.