Portnoy Law Firm Announces Class Action on Behalf of AST Spacemobile, Inc. Investors

Portnoy Law Firm announced a securities class action against AST SpaceMobile on behalf of investors who bought ASTS between March 4, 2025 and July 15, 2026, with a November 13, 2026 lead plaintiff deadline. The complaint alleges executives misrepresented the company's capital and liquidity position, obscured the likelihood of frequent large-scale debt and share dilution, and hid lagging user growth in the U.S. and Japan, pointing to three roughly $1.0 billion convertible note offerings between October 2025 and July 2026 that each triggered 9-17% stock declines.

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