AST SpaceMobile announces $1B convertible notes offering; shares fall 13% after hours
Seeking Alpha ·
AST SpaceMobile ( ASTS ) announced on Wednesday that it plans to offer $1B of convertible senior notes due 2034 in a private offering. The initial purchasers have a 13-day option period to buy up to an additional $150M of notes.
DYAX Investor Sentiment
Bullish (Long) 38% · Bearish (Short) 62%
384 participants
Related News
- Wheat futures surge as escalating Russia-Ukraine war threatens Black Sea exports
- Broadcom (AVGO) Faces EU Antitrust Review Over VMware Licensing Changes
- Stock Market Today, July 15: Lucid Spikes 29% After Dismissing Bankruptcy and Take-Private Rumors
- Bank of America (BAC) Stock Still Looks Cheap Following Its 111% Run
- First Horizon expects ~10% standardized RWA reduction while managing CET1 around 10.5%
- Eos Energy surges after winning Golden Dome contract from Pentagon