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AST SpaceMobile Completes $1 Billion Convertible Notes Offering

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AST SpaceMobile Completes $1 Billion Convertible Notes Offering

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An update from AST SpaceMobile ( (ASTS) ) is now available.

On October 24, 2025, AST SpaceMobile completed a private offering of $1.0 billion in Convertible Senior Notes due 2036, increasing from the initially announced $850 million. The proceeds, approximately $981.9 million after expenses, are intended for general corporate purposes, including deploying a global satellite constellation to expand its SpaceMobile Service. The Notes, which mature in 2036, are convertible under specific conditions and offer a premium conversion price, reflecting AST SpaceMobile’s strategic financial maneuvers to enhance its market position.

The most recent analyst rating on (ASTS) stock is a Buy with a $95.00 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 a company focused on building the first and only global cellular broadband network in space, designed to operate directly with standard, unmodified mobile devices. The company’s services are intended for both commercial and government applications, aiming to eliminate connectivity gaps for mobile subscribers worldwide.

Average Trading Volume: 12,520,556

Technical Sentiment Signal: Buy

Current Market Cap: $25.79B

See more insights into ASTS stock on TipRanks’ Stock Analysis page.

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