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The latest announcement is out from AST SpaceMobile ( (ASTS) ).
Abel Avellan, CEO of AST SpaceMobile, engaged in a financial transaction for personal planning through a variable prepaid forward contract, involving no sale of his shares. This non-dilutive move, covering just 3.2% of his holdings, underscores his long-term commitment to the company. Avellan retains voting rights and benefits from potential stock price increases, signaling confidence in AST SpaceMobile’s prospects.
For detailed information about ASTS stock, go to TipRanks’ Stock Analysis page.
