AST SpaceMobile announced the completion of its redemption of all outstanding public warrants on October 2, 2024. The company redeemed 236,294 unexercised warrants at $0.01 per warrant, totaling $2,362.94. Prior to the redemption, 13,360,574 warrants (98.26%) were exercised at $11.50 per share, generating approximately $153.6 million in proceeds.Following the redemption, AST SpaceMobile has no public warrants outstanding. The warrants ceased trading on Nasdaq and were delisted on September 27, 2024. The company's Class A Common Stock continues to trade on Nasdaq under the symbol "ASTS".AST SpaceMobile is developing the first space-based cellular broadband network to operate directly with standard mobile devices. The company aims to address connectivity gaps for billions of mobile subscribers worldwide, targeting both commercial and government applications.

AST SpaceMobile announced the completion of its redemption of all outstanding public warrants on October 2, 2024. The company redeemed 236,294 unexercised warrants at $0.01 per warrant, totaling $2,362.94. Prior to the redemption, 13,360,574 warrants (98.26%) were exercised at $11.50 per share, generating approximately $153.6 million in proceeds.Following the redemption, AST SpaceMobile has no public warrants outstanding. The warrants ceased trading on Nasdaq and were delisted on September 27, 2024. The company's Class A Common Stock continues to trade on Nasdaq under the symbol "ASTS".AST SpaceMobile is developing the first space-based cellular broadband network to operate directly with standard mobile devices. The company aims to address connectivity gaps for billions of mobile subscribers worldwide, targeting both commercial and government applications.