ASTS priced $1B convertible notes at $79.57 per share AST SpaceMobile priced a private offering of $1B 1.625% convertible senior notes due 2034. The initial conversion price is $79.57 per share, a 20% premium to the July 15 closing price of $66.31. The company's m
ASTS priced $1B convertible notes at $79.57 per share
AST SpaceMobile priced a private offering of $1B 1.625% convertible senior notes due 2034.
The initial conversion price is $79.57 per share, a 20% premium to the July 15 closing price of $66.31.
The company’s move to raise capital through convertible notes may impact its stock price and financials.
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