---
schema_version: "secwatch.filing_event.v1"
accession: "0001641172-25-016369"
form_type: "8-K"
ticker: "ASTS"
cik: "0001780312"
company_name: "AST SpaceMobile, Inc."
filed_at: "2025-06-25T23:59:59+00:00"
generated_at: "2026-05-18T19:44:25.276292+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001641172-25-016369
- form_type: 8-K
- ticker: ASTS
- cik: 0001780312
- company_name: AST SpaceMobile, Inc.
- filed_at: 2025-06-25T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1780312/000164117225016369/0001641172-25-016369-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1780312/000164117225016369/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001641172-25-016369
- JSON: https://secwatch.observer/filing/0001641172-25-016369.json
- Plain text: https://secwatch.observer/filing/0001641172-25-016369.txt

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