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AST SpaceMobile, Inc. completed a $1.0 billion private offering of 2.25% Convertible Senior Notes due 2036 on February 17, 2026, generating net proceeds of approximately $983.7 million for general corporate purposes including spectrum deployment and debt reduction. The notes are convertible into Class A Common Stock at an initial rate of 8.5982 shares per $1,000 principal, with an option for initial purchasers to buy up to $150 million additional notes.
Event Type
Disclosure
Mandatory
Variant
8-K
Entry into a Material Definitive Agreement. Indenture and Notes On February 17, 2026, AST SpaceMobile, Inc. (the “ Company ”) completed its previously announced
Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant. The information set forth under Item 1.01 of
Unregistered Sales of Equity Securities. The information set forth under Item 1.01 of this Current Report on Form 8-K is incorporated herein by reference. The C
Other Events. On February 12, 2026, the Company issued a press release announcing the pricing of the Notes and a press release relating to the pricing of its re
Financial Statements and Exhibits. (d) Exhibits Exhibit No. Description 4.1 Indenture, dated as of February 17, 2026, by and between AST SpaceMobile, Inc. and U
Material Agreement
Debt / Financing