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AST SpaceMobile Announces $850M Convertible Notes Offering

Story Highlights
  • AST SpaceMobile plans to offer $850 million in convertible notes to fund satellite deployment.
  • The company will also conduct a stock offering to repurchase $50 million of existing notes.
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AST SpaceMobile Announces $850M Convertible Notes Offering

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AST SpaceMobile ( (ASTS) ) has provided an announcement.

On October 21, 2025, AST SpaceMobile announced its intention to offer $850 million in convertible senior notes due 2036 in a private offering, with the proceeds aimed at funding the deployment of its satellite constellation. Concurrently, the company plans a registered direct offering of its Class A common stock to repurchase up to $50 million of its existing convertible notes, potentially impacting the trading prices of its stock and notes.

The most recent analyst rating on (ASTS) stock is a Sell with a $60.00 price target. To see the full list of analyst forecasts on AST SpaceMobile stock, see the ASTS Stock Forecast page.

Spark’s Take on ASTS Stock

According to Spark, TipRanks’ AI Analyst, ASTS is a Neutral.

AST SpaceMobile’s overall score reflects a company with promising strategic initiatives but facing significant financial and operational challenges. The financial performance is notably weak, characterized by negative profitability and cash flow issues. Technical indicators suggest some upward momentum, but valuation metrics and regulatory hurdles present concerns. Despite these challenges, positive developments in strategic partnerships and a solid cash position offer potential upside.

To see Spark’s full report on ASTS stock, click here.

More about AST SpaceMobile

AST SpaceMobile is developing the first and only global cellular broadband network in space that operates directly with standard, unmodified mobile devices. The network is designed for both commercial and government applications, aiming to eliminate connectivity gaps for mobile subscribers and extend broadband access to unconnected populations.

Average Trading Volume: 12,246,083

Technical Sentiment Signal: Buy

Current Market Cap: $29.93B

For a thorough assessment of ASTS stock, go to TipRanks’ Stock Analysis page.

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