AST SpaceMobile Inc. announced plans to repurchase up to $300 million of its convertible senior notes. The company aims to buy back up to $50 million of its 4.25% convertible senior notes due 2032 and up to $250 million of its 2.375% convertible senior notes due 2032. To fund these repurchases, AST SpaceMobile intends to offer shares of its Class A common stock through two registered direct offerings. The proceeds from these offerings, along with cash on hand, will be used to finance the note buybacks. The final terms of the share offerings will be determined at the time of pricing, subject to market conditions.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. AST Spacemobile Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20260211997173) on February 11, 2026, and is solely responsible for the information contained therein.