AST SpaceMobile, Inc. - Class A Common Stock (ASTS)

AST SpaceMobile, Inc. (“AST SpaceMobile”) (NASDAQASTS), the company building the first and only space-based cellular broadband network accessible directly by everyday smartphones, designed for both commercial and government applications, today announced that the Federal Communications Commission (FCC) has granted the company Special Temporary Authority (STA) authorizing testing service in the United States. This approval enables AST SpaceMobile’s first five commercial BlueBird satellites, operating in low Earth orbit today, with unmodified smartphones in AT&T and Verizon premium low-band wireless spectrum supporting voice, full data, and video applications, and other native cellular broadband capabilities, without the need of any specialized software or device support or updates.

AST SpaceMobile, Inc. (“AST SpaceMobile”) (NASDAQASTS), the company building the first and only space-based cellular broadband network accessible directly by everyday smartphones, designed for both commercial and government applications, today announced the closing of $460.0 million aggregate principal amount of convertible senior notes due 2032 (the “notes”) including the exercise in full of the option granted to the initial purchasers to purchase up to $60.0 million aggregate principal amount of notes.

AST SpaceMobile, Inc. (“AST SpaceMobile”) (NASDAQASTS), the company building the first and only space-based cellular broadband network accessible directly by everyday smartphones, and designed for both commercial and government applications, today announced the pricing of $400.0 million aggregate principal amount of convertible senior notes due 2032 (the “notes”) in a private offering (the “offering”) to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”).

AST SpaceMobile, Inc. (“AST SpaceMobile”) (NASDAQASTS), the company building the first and only space-based cellular broadband network accessible directly by everyday smartphones, and designed for both commercial and government applications, today announced its intent to offer, subject to market conditions and other factors, $400.0 million aggregate principal amount of convertible senior notes due 2032 (the “notes”) in a private offering (the “offering”) to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”). AST SpaceMobile also intends to grant the initial purchasers of the notes in the offering an option to purchase, within a 13-day period beginning on, and including, the date on which the notes are first issued, up to an additional $60.0 million aggregate principal amount of notes.

AST SpaceMobile, Inc. (“AST SpaceMobile”) (NASDAQASTS), the company building the first and only space-based cellular broadband network accessible directly by everyday smartphones, designed for both commercial and government applications, today announced an agreement for long-term access to up to 45 MHz of lower mid-band spectrum in the United States for direct-to-device satellite applications.

AST SpaceMobile, Inc. (“AST SpaceMobile”) (NASDAQASTS), the company building the first and only space-based cellular broadband network accessible directly by everyday smartphones, designed for both commercial and government applications, and Vodafone Group Plc (Vodafone) (LSE: VOD), a leading European and African telecommunications company, announced today that they have entered into a definitive long-term commercial agreement through 2034. This is a significant step forward in their collaboration to expand broadband connectivity globally.

Cadence Design Systems, Inc. (Nasdaq: CDNS) and AST SpaceMobile, Inc. (Nasdaq: ASTS), the company building the first and only space-based cellular broadband network accessible directly by everyday smartphones designed for both commercial and government applications, announced today their collaboration to advance AST SpaceMobile’s mission to eliminate connectivity gaps and connect people around the world with high-speed, space-based internet access.

AST SpaceMobile, Inc. (“AST SpaceMobile”) (NASDAQASTS), the company building the first and only space-based cellular broadband network accessible directly by everyday smartphones, and designed for both commercial and government applications, today announced participation in the following upcoming investor conferences:

AST SpaceMobile, Inc. (“AST SpaceMobile”) (NASDAQASTS), the company building the first and only space-based cellular broadband network accessible directly by everyday smartphones, and designed for both commercial and government applications, is providing its business update for the third quarter ended September 30, 2024.

AST SpaceMobile, Inc. (“AST SpaceMobile”) (NASDAQASTS), the company building the first and only space-based cellular broadband network accessible directly by everyday smartphones, and designed for both commercial and government applications, today announced launch services agreements securing the orbital launch capacity to enable continuous space-based cellular broadband service coverage across some of the most in-demand cellular markets globally. AST SpaceMobile's global service will initially target key markets such as the United States, Europe, Japan, the U.S. Government and other strategic markets. The Cape Canaveral Florida Space Force Station launch campaign, scheduled during 2025 and 2026, will utilize existing launch vehicles and Blue Origin’s New Glenn rocket for up to ~60 Block 2 satellites to low Earth orbit.

AST SpaceMobile, Inc. (“AST SpaceMobile”) (NASDAQASTS), the company building the first and only space-based cellular broadband network accessible directly by everyday smartphones designed for both commercial and government applications, today announced it will hold a quarterly business update conference call on Thursday, November 14th at 5:00pm (Eastern Time).

AST SpaceMobile, Inc. (“AST SpaceMobile”) (NASDAQASTS), the company building the first and only space-based cellular broadband network accessible directly by everyday smartphones, designed for both commercial and government applications, today announced the successful unfolding of its first five commercial satellites, BlueBirds 1-5.

Space stocks have skyrocketed this year, and Rocket Lab is a leader due to the success of its small-scale launch services.

AST SpaceMobile, Inc. (“AST SpaceMobile”) (NASDAQASTS), the company building the first and only space-based cellular broadband network accessible directly by everyday smartphones, designed for both commercial and government applications, today announced its selection by the Space Development Agency (SDA) for an Other Transaction (OT) agreement to compete for upcoming prototype demonstration projects under the Hybrid Acquisition for proliferated Low-earth Orbit (HALO) program.

AST SpaceMobile's massive run earlier this year contributed to its meme stock status, but now investors must assess whether it has long-term viability.

AST SpaceMobile, Inc. (“AST SpaceMobile”) (NASDAQASTS), the company building the first and only space-based cellular broadband network accessible directly by everyday smartphones, designed for both commercial and government applications, today announced the final results and completion of its redemption of all of its outstanding publicly traded warrants (the “Public Warrants”) to purchase shares of Class A common stock, par value $0.0001 per share (the “Class A Common Stock”), that were issued under the Warrant Agreement dated as of September 13, 2019 (the “Warrant Agreement”), by and between AST SpaceMobile (f/k/a New Providence Acquisition Corp. (“NPA”)) and Continental Stock Transfer & Trust Company, as warrant agent (the “Warrant Agent”), for a redemption price of $0.01 per warrant (the “Redemption Price”), that remained outstanding at 5:00 p.m. New York City time on Friday, September 27, 2024 (the “Redemption Date”).

AST SpaceMobile, Inc. (“AST SpaceMobile”) (NASDAQASTS), the company building the first and only space-based cellular broadband network accessible directly by everyday smartphones, designed for both commercial and government applications, today announced the preliminary results of its redemption of all of its outstanding publicly traded warrants (the “Public Warrants”) to purchase shares of Class A common stock, par value $0.0001 per share (the “Class A Common Stock”), that were issued under the Warrant Agreement dated as of September 13, 2019 (the “Warrant Agreement”), by and between AST SpaceMobile (f/k/a New Providence Acquisition Corp. (“NPA”)) and Continental Stock Transfer & Trust Company, as warrant agent (the “Warrant Agent”), for a redemption price of $0.01 per warrant (the “Redemption Price”), that remained outstanding at 5:00 p.m. New York City time on Friday, September 27, 2024 (the “Redemption Date”).

Stocks got a boost as the Federal Reserve cut interest rates, but investors should expect more volatility as economic data continues to deliver mixed signals

AST SpaceMobile stock surges after successful 5G satellite launch, attracting investor interest in future growth potential.

AST SpaceMobile, Inc. (“AST SpaceMobile”) (NASDAQASTS), the company building the first and only space-based cellular broadband network accessible directly by everyday smartphones designed for both commercial and government use, today announced the successful launch of its first five commercial satellites, called BlueBirds.

The jobs report did nothing to change the market’s storyline; investors are waiting on the extent of rate cuts and what they say about a possible recession

ASTS has surged nearly 450% YTD, showing impressive relative strength with a 300% gain last quarter compared to the broader technology sector's decline.

AST SpaceMobile, Inc. (“AST SpaceMobile”) (NASDAQASTS), the company building the first and only space-based cellular broadband network accessible directly by everyday smartphones designed for both commercial and government use, today provided an interim business update. The launch of AST SpaceMobile’s upcoming satellites is targeted on or after September 12th from Cape Canaveral, Florida and over $155.0 million in proceeds is expected from its previously-announced redemption of warrants, resulting in over $440.0 million in cash on a pro forma basis as of June 30, 2024.

AST SpaceMobile, Inc. (“AST SpaceMobile”) (NASDAQASTS), the company building the first and only space-based cellular broadband network accessible directly by everyday smartphones, designed for both commercial and government applications, today announced that it will redeem all of its publicly traded warrants to purchase shares of Class A common stock, par value $0.0001 per share (the “Class A Common Stock”), that remain outstanding at 5:00 pm New York City time on Friday, September 27, 2024 (the “Redemption Date”), for a redemption price of $0.01 per warrant (the “Redemption Price”).

Stocks closed the week higher on the near certainty that the Fed will cut interest rates in September, but in the short term, all eyes are on NVDA earnings