other material
confidence high
sentiment neutral
materiality 0.40
AST SpaceMobile completes public warrant redemption; 98.26% exercised for $153.6M
AST SpaceMobile, Inc.
- 13,360,574 Public Warrants exercised at $11.50, generating ~$153.6M in cash proceeds.
- 236,294 unexercised warrants redeemed at $0.01 each for total of $2,362.94.
- Public Warrants ceased trading and were delisted from Nasdaq as of Sept 27, 2024.
- Class A common stock (ASTS) continues trading on Nasdaq.