AST SpaceMobile launches $500 million convertible note offering with share repurchase initiative
AST SpaceMobile has announced a $500 million private offering of convertible senior notes due 2032, with an effective conversion price of $72.07 per share and capped at $120.12 per share. These 2.375% notes were priced at a 20% premium to the company's stock price as of July 24, 2025. Settlement of the offering is expected by July 29, subject to standard closing conditions. As part of the