secwatch.observer — SEC 8-K summary
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Issuer:     AST SpaceMobile, Inc. (ASTS)
CIK:        0001780312
Form:       8-K
Filed at:   2026-02-20T23:59:59+00:00
Accession:  0001493152-26-007626
Event type: debt
Sentiment:  neutral
Materiality: 0.60
Item codes: 2.03, 8.01, 3.02, 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

AST SpaceMobile issues additional $75M of 2.25% Convertible Notes due 2036
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- On Feb 20, 2026, AST SpaceMobile sold an additional $75M aggregate principal amount of 2.25% Convertible Senior Notes due 2036 to initial purchasers via option exercise.
- Total outstanding principal of the Notes is now $1.075B, including the initial $1B issued on Feb 17, 2026.
- Notes are convertible; maximum initial shares of Class A common stock issuable upon conversion is 11,091,528 at a rate of 10.3177 shares per $1,000 principal.
- Notes were issued in a private placement under Section 4(a)(2) and Rule 144A; shares upon conversion are exempt under Section 3(a)(9).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1780312/000149315226007626/0001493152-26-007626-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1780312/000149315226007626/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-26-007626

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