AST SpaceMobile closes USD 1.15 billion convertible senior notes offering due 2034
AST SPACEMOBILE INC
AST SPACEMOBILE INC ASTS | 0.00 |
- AST SpaceMobile closed a $1.15 billion offering of 1.625% convertible senior notes due 2034.
- The deal includes $1 billion of notes, with an additional $150 million option fully exercised; settlement set for July 22, 2026.
- A capped call hedge lifts the effective conversion price to $149.2 per share, aiming to limit dilution to under 2%.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. AST Spacemobile Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20260721294685) on July 21, 2026, and is solely responsible for the information contained therein.
