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AST SpaceMobile Completes $50M Note Repurchase

Story Highlights
  • AST SpaceMobile repurchased $50 million of convertible notes using equity offering proceeds.
  • The company issued $1.15 billion in convertible notes, boosting financial flexibility.
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AST SpaceMobile Completes $50M Note Repurchase

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

On October 29, 2025, AST SpaceMobile completed the repurchase of $50 million of its outstanding 4.25% convertible senior notes due 2032, funded by a direct equity offering of its Class A common stock. Additionally, the company issued $1.15 billion in 2.00% Convertible Senior Notes due 2036, including an additional $150 million in Option Notes, enhancing its financial flexibility and potentially increasing its market presence.

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 operates in the telecommunications industry, focusing on providing satellite-based mobile broadband services. The company aims to connect people globally by enabling mobile phones to connect directly to satellites, offering coverage in remote and underserved areas.

Average Trading Volume: 12,334,330

Technical Sentiment Signal: Buy

Current Market Cap: $28.27B

Find detailed analytics on ASTS stock on TipRanks’ Stock Analysis page.

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