---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-25-019292"
form_type: "8-K"
ticker: "ASTS"
cik: "0001780312"
company_name: "AST SpaceMobile, Inc."
filed_at: "2025-10-24T23:59:59+00:00"
generated_at: "2026-05-17T02:21:20.624486+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# AST SpaceMobile prices $1.0B 2% convertible notes due 2036; raises $981.9M net for satellite deployment

## Summary
- Priced $1.0B aggregate principal of 2.00% Convertible Senior Notes due 2036 (up from $850M); net proceeds ~$981.9M.
- Initial conversion price ~$96.30 per share, a 22.5% premium to $78.61 closing price on Oct 21, 2025.
- Granted initial purchasers option for up to $150M additional notes; proceeds for satellite constellation deployment.
- Concurrent registered direct offering of ~2.0M shares at $78.61/share to fund $50M repurchase of existing 4.25% notes due 2032.
- Notes are unsecured, mature Jan 15, 2036; redeemable after Jan 22, 2029 under conditions.

## SEC filing metadata
- accession: 0001493152-25-019292
- form_type: 8-K
- ticker: ASTS
- cik: 0001780312
- company_name: AST SpaceMobile, Inc.
- filed_at: 2025-10-24T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 2.03, 3.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1780312/000149315225019292/0001493152-25-019292-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1780312/000149315225019292/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-25-019292
- JSON: https://secwatch.observer/filing/0001493152-25-019292.json
- Plain text: https://secwatch.observer/filing/0001493152-25-019292.txt

## Key facts
- Debt Financings
  AST SpaceMobile, Inc. incurred convertible notes of $1.0 billion with Initial purchasers at 2.00% per year maturing January 15, 2036.
  - Instrument: convertible notes
  - Principal: $1.0 billion
  - Counterparty: Initial purchasers
  - Rate: 2.00% per year
  - Maturity: January 15, 2036
  - Event: incurrence
  source text: On October 24, 2025, AST SpaceMobile, Inc. (the “ Company ”) completed its previously announced private offering (the “ Offering ”) of $1.0 billion aggregate principal amount of 2.00% Convertible Senior Notes due 2036 (the “ Notes ”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1780312/000149315225019292/0001493152-25-019292-index.htm

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