AST SpaceMobile Shares Drop After $1 Billion Convertible-Note Offering

Shares of AST SpaceMobile (NASDAQ:ASTS) fell over 17% after pricing a $1 billion convertible senior note offering. The notes have a conversion price of $79.57, representing a 20% premium to the reference stock price and maturing in February 2034.

By Daniel Sparks, The Motley Fool Fri, July 17, 2026 at 9:07 AM GMT+3 3 min read · Yahoo Finance · July 17, 2026, 06:07 UTC

AST SpaceMobile Shares Drop After $1 Billion Convertible-Note Offering

Tickers: $ASTS $NVDA

Topics: convertible notes satellite communications stock dilution

Read the full article at Yahoo Finance

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