{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-25-001119","form_type":"8-K","ticker":"ASTS","cik":"0001780312","company_name":"AST SpaceMobile, Inc.","filed_at":"2025-01-07T23:59:59+00:00","discovered_at":"2026-05-14T18:03:04.825051+00:00","generated_at":"2026-05-28T08:51:22.977720+00:00","sec_items":["1.01","9.01"],"event_type":"other_material","sentiment":"positive","materiality_score":0.9,"calibrated_materiality_score":0.9,"confidence":"high","headline":"AST SpaceMobile secures up to 45 MHz of lower mid-band spectrum from Ligado; receives $550M financing commitment","bullets":["Ligado will provide spectrum, satellite and ground station assets; AST pays ~4.7M penny warrants, $350M cash/stock, $200M cash/notes, $80M annual payments, plus revenue share until 2107.","AST gets right to sublease spectrum from CCI Agreement and option to purchase after 7 years, with 30% premium in stock.","Transaction is part of Ligado's Chapter 11; requires Bankruptcy Court approval; break-up fee of $200M payable to AST if Ligado pursues alternative deal.","AST received a $550M non-recourse senior-secured term loan commitment for a special-purpose subsidiary to support payment obligations.","Restructuring Support Agreement signed with Ligado and consenting stakeholders to advance the deal, with milestones through May 5, 2028."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-25-001119","json":"https://secwatch.observer/filing/0001493152-25-001119.json","markdown":"https://secwatch.observer/filing/0001493152-25-001119.md","text":"https://secwatch.observer/filing/0001493152-25-001119.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1780312/000149315225001119/0001493152-25-001119-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1780312/000149315225001119/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-28T08:51:22.977720+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}