---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-26-033912"
form_type: "8-K"
ticker: "ASTS"
cik: "0001780312"
company_name: "AST SpaceMobile, Inc."
filed_at: "2026-07-20T20:15:31+00:00"
generated_at: "2026-07-20T20:17:05.396926+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 1.625% convertible notes due 2034; initial conversion price $79.57

## Summary
- $1.0B aggregate principal, 1.625% coupon, due Feb 1 2034; initial conversion price ~$79.57 (20% premium over $66.31 close).
- Capped call transactions with cap price $149.20 per share (125% premium) to reduce dilution upon conversion.
- Net proceeds ~$983.6M; $96.9M used for capped call, remainder for growth initiatives and vertical integration.
- Initial purchasers granted option to buy up to $150M additional notes within 13 days of settlement.
- Notes are unsecured, not redeemable, and convertible only under specified conditions or after Nov 1 2033.

## SEC filing metadata
- accession: 0001493152-26-033912
- form_type: 8-K
- ticker: ASTS
- cik: 0001780312
- company_name: AST SpaceMobile, Inc.
- filed_at: 2026-07-20T20:15:31+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/1780312/000149315226033912/0001493152-26-033912-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1780312/000149315226033912/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-26-033912
- JSON: https://secwatch.observer/filing/0001493152-26-033912.json
- Plain text: https://secwatch.observer/filing/0001493152-26-033912.txt

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