Ast spacemobile, inc. announces launch of offering of $65,000,000 of class a common stock

Midland, texas--( business wire )--ast spacemobile, inc. (nasdaq: asts) (the “company” or “ast spacemobile”) announced today the launch of a public offering of $65,000,000 of its class a common stock, par value $0.0001 per share (the “class a common stock”). the company will grant the underwriter a 30-day option to purchase up to an additional $9,750,000 of shares of class a common stock at the public offering price, less the underwriting discounts and commissions, solely to cover over-allotments, if any. the company intends to use the net proceeds of the offering for general corporate purposes.
ASTS Ratings Summary
ASTS Quant Ranking