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Reported Earlier, AST SpaceMobile Prices $1B Convertible Senior Notes To Accelerate Space-Based Cellular Network Expansion While Completing $50M Debt Repurchase And Issuing 2M Registered Direct Shares

Author: Benzinga Newsdesk | October 22, 2025 03:31am

Repurchasing $50.0 million principal amount of existing convertible senior notes and removing approximately 1.85 million underlying shares as well as approximately $13.5 million of remaining interest

Issuing approximately 2.0 million shares to participating note holders to fund the repurchase

Posted In: ASTS


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