AST SpaceMobile announced preliminary results of its redemption of all outstanding public warrants to purchase Class A common stock. According to the preliminary data, 13,581,996 public warrants (99.89%) were exercised at $11.50 per share, while 260,987 warrants remained unexercised by the September 27, 2024 redemption deadline.The redemption price was set at $0.01 per warrant for unexercised warrants. Following the redemption date, the company has no public warrants outstanding, and the warrants ceased trading on Nasdaq. The final results will be available after the broker protect period expires on October 1, 2024.The company's Class A Common Stock continues to trade on Nasdaq under the symbol "ASTS". AST SpaceMobile is developing the first global cellular broadband network in space designed to operate directly with standard mobile devices for both commercial and government applications.

AST SpaceMobile announced preliminary results of its redemption of all outstanding public warrants to purchase Class A common stock. According to the preliminary data, 13,581,996 public warrants (99.89%) were exercised at $11.50 per share, while 260,987 warrants remained unexercised by the September 27, 2024 redemption deadline.The redemption price was set at $0.01 per warrant for unexercised warrants. Following the redemption date, the company has no public warrants outstanding, and the warrants ceased trading on Nasdaq. The final results will be available after the broker protect period expires on October 1, 2024.The company's Class A Common Stock continues to trade on Nasdaq under the symbol "ASTS". AST SpaceMobile is developing the first global cellular broadband network in space designed to operate directly with standard mobile devices for both commercial and government applications.