AST SpaceMobile has announced the completion of redeeming all outstanding public warrants to purchase Class A common stock. The redemption process, which concluded on September 27, 2024, saw approximately 98.26% of public warrants exercised for cash at $11.50 per share, generating aggregate proceeds of $153.6 million for the company.Of the total 13,360,574 public warrants issued since the initial public offering, only 236,294 remained unexercised by the redemption deadline. These remaining warrants were redeemed at $0.01 per warrant for a total redemption price of $2,362.94. Following the redemption, the company has no public warrants outstanding, and the warrants have ceased trading on Nasdaq and been delisted as of September 27, 2024.

AST SpaceMobile has announced the completion of redeeming all outstanding public warrants to purchase Class A common stock. The redemption process, which concluded on September 27, 2024, saw approximately 98.26% of public warrants exercised for cash at $11.50 per share, generating aggregate proceeds of $153.6 million for the company.Of the total 13,360,574 public warrants issued since the initial public offering, only 236,294 remained unexercised by the redemption deadline. These remaining warrants were redeemed at $0.01 per warrant for a total redemption price of $2,362.94. Following the redemption, the company has no public warrants outstanding, and the warrants have ceased trading on Nasdaq and been delisted as of September 27, 2024.