debt
confidence high
sentiment neutral
materiality 0.75
AST SpaceMobile repurchases ~$614M principal of convertible notes; funds via $614M equity offering
AST SpaceMobile, Inc.
- Repurchased $46.5M principal of 4.25% convertible notes due 2032 for $180.5M cash plus accrued interest.
- Repurchased $250.0M principal of 2.375% convertible notes due 2032 for $433.7M cash (incl. accrued interest).
- Funded repurchases with proceeds from equity offerings of ~6.34M shares at $96.92/share, closing Feb 20 and 23, 2026.
- Transactions executed in privately negotiated deals with a limited number of note holders.