AST SpaceMobile repurchases $225M of 4.25% convertibles, issues 9.45M shares at $53.22 to fund repurchase

AST SpaceMobile, Inc.

Repurchased $225M principal of 4.25% convertible notes due 2032, eliminating ~$63.8M remaining interest.
Issued 9.45M shares at $53.22 in registered direct offering to participating note holders to fund the repurchase.
Repurchase removes ~8.34M underlying shares from dilution; net incremental shares issued ~1.04M.
After transaction, $235M aggregate principal of the notes will remain outstanding.
Capped call hedge remains outstanding to reduce dilution upon future conversion.

item 8.01item 9.01

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.