AST SpaceMobile, Inc. Announces Launch Of Offering Of 12M Shares Of Class A Common Stock
Portfolio Pulse from Benzinga Newsdesk
AST SpaceMobile, Inc. has announced the launch of an offering of 12 million shares of its Class A common stock.
June 27, 2023 | 8:31 pm
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AST SpaceMobile, Inc. is offering 12 million shares of its Class A common stock, which could potentially dilute existing shareholders' equity.
The offering of 12 million shares of Class A common stock by AST SpaceMobile, Inc. could lead to dilution of existing shareholders' equity. This could potentially lead to a decrease in the stock price in the short term.
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