AST SpaceMobile, Inc. (ASTS) Form 8-K — Jul 20, 2026
AST SpaceMobile, Inc. completed a private offering of $1.0 billion aggregate principal amount of 1.625% Convertible Senior Notes due 2034. The notes are general unsecured obligations with a maturity date of February 1, 2034, and bear interest at a rate of 1.625% per year, payable semiannually. The company granted initial purchasers an option to purchase up to an additional $150 million principal amount of notes within 13 days.
Key figures
- Debt Amount
- $1.0 billion
- Interest Rate
- 1.625%
- Maturity Date
- February 1, 2034
- Gross Proceeds
- $983.6 million
- Shares Offered
- 15,080,600
- Cap Price
- $149.1975 per share
- Option Amount
- $150 million
- Conversion Rate
- 12.5672 shares per $1,000 principal
- Conversion Price
- $79.57 per share
- Use Of Proceeds capped call
- $96.9 million
Price after filing
Close on the filing date to close N calendar days later (from $57.42). Historical, not a forecast.
AI analysis
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