Jul. 22 at 1:18 AM
$ASTS $VOD $T $TMUS
🅰️STS strengthens balance sheet with over
$3.8 billion in pro forma cash, cash equivalents, and restricted cash as of June 30, 2026 💰
Beautiful to see the financing CN close. Shows demand is there with the exercise in full of the initial purchasers’ option to purchase an additional
$150.0 million principal amount of notes.
"This financing allows us to pursue an expanding universe of growth opportunities, continue vertical integration, and secure additional access to orbit for our space-based cellular network," said Scott Wisniewski, President of AST SpaceMobile.
https://www.businesswire.com/news/home/20260721294685/en/AST-SpaceMobile-Announces-Completion-of-Private-Offering-of-%241.15-Billion-of-Convertible-Senior-Notes-Due-2034