AST SpaceMobile Announces Proposed Private Offering of $400.0 Million of Convertible Senior Notes Due 2032

MIDLAND, Texas–( ORGANIZATION CORD)– $ASTS #AST– AST SpaceMobile, Inc. (” AST SpaceMobile”) (NASDAQ: ASTS), the firm constructing the very first and just space-based mobile broadband network easily accessible straight by day-to-day mobile phones, and created for both industrial and federal government applications, today introduced its intent to use, based on market problems and various other elements, $400.0 million accumulation principal quantity of exchangeable elderly notes due 2032 (the “notes”) in an exclusive offering (the “offering”) to pe

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