TechMediaBreaks – AST SpaceMobile, Inc. (NASDAQ: ASTS) Prices $1.0 Billion Convertible Senior Notes Offering Due 2036

AST SpaceMobile (NASDAQ: ASTS) announced the pricing of $1.0 billion aggregate principal amount of 2.250% convertible senior notes due 2036 in a private offering to qualified institutional buyers under Rule 144A of the Securities Act of 1933. The notes carry an initial conversion price of approximately $116.30 per share, representing a roughly 20% premium to the company’s Feb. 11, 2026 closing price, and the offering is expected to close Feb. 17, 2026, subject to customary conditions. AST SpaceMobile also granted initial purchasers an option to buy up to an additional $150 million of notes, with proceeds expected to support global spectrum deployment, technology commercialization including artificial intelligence opportunities, government space initiatives, debt reduction and other general corporate purposes.

To view the full press release, visit https://ibn.fm/qKrSh

About AST SpaceMobile

AST SpaceMobile is building the first and only global cellular broadband network in space to operate directly with standard, unmodified mobile devices based on our extensive IP and patent portfolio, and designed for both commercial and government applications. Our engineers and space scientists are on a mission to enable 4G and 5G space-based cellular broadband to every device, everywhere, for today’s nearly 6 billion mobile subscribers globally.

For more information, visit https://ast-science.com/

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