--- type: "Topics" locale: "en" url: "https://longbridge.com/en/topics/42833301.md" description: "๐Ÿ“ข ๐—๐—จ๐—ฆ๐—ง ๐—œ๐—ก: $AST SpaceMobile(ASTS.US) AST SpaceMobile Closes $๐Ÿญ.๐Ÿญ๐Ÿฑ ๐—•๐—ถ๐—น๐—น๐—ถ๐—ผ๐—ป Convertible Notes Offering๐Ÿ‘‰ ๐—ž๐—ฒ๐˜† ๐—›๐—ถ๐—ด๐—ต๐—น๐—ถ๐—ด๐—ต๐˜๐˜€:โžค ๐—”๐—ฆ๐—ง ๐—ฆ๐—ฝ๐—ฎ๐—ฐ๐—ฒ๐— ๐—ผ๐—ฏ๐—ถ๐—น๐—ฒ closes $๐Ÿญ.๐Ÿญ๐Ÿฑ ๐—ฏ๐—ถ๐—น๐—น๐—ถ๐—ผ๐—ป convertible senior notes offering.โžค Offering includes $๐Ÿญ๐Ÿฑ๐Ÿฌ ๐—บ๐—ถ๐—น๐—น๐—ถ๐—ผ๐—ป from the full purchasers' option.โžค Notes mature in ๐Ÿฎ๐Ÿฌ๐Ÿฏ๐Ÿฐ and carry a ๐Ÿญ.๐Ÿฒ๐Ÿฎ๐Ÿฑ% interest rate.โžค Capped call raises the effective conversion price to $๐Ÿญ๐Ÿฐ๐Ÿต.๐Ÿฎ๐Ÿฌ per share.โžค Company expects effective dilution of ๐—น๐—ฒ๐˜€๐˜€ ๐˜๐—ต๐—ฎ๐—ป ๐Ÿฎ%.โžค Pro forma cash rises to more than $๐Ÿฏ.๐Ÿด ๐—ฏ๐—ถ๐—น๐—น๐—ถ๐—ผ๐—ป.โžค Settlement of the $๐Ÿญ๐Ÿฑ๐Ÿฌ ๐—บ๐—ถ๐—น๐—น๐—ถ๐—ผ๐—ป option notes is expected on ๐—๐˜‚๐—น๐˜† ๐Ÿฎ๐Ÿฎ, ๐Ÿฎ๐Ÿฌ๐Ÿฎ๐Ÿฒ.โžค AST SpaceMobile may settle future conversions in ๐—ฐ๐—ฎ๐˜€๐—ต, ๐˜€๐—ต๐—ฎ๐—ฟ๐—ฒ๐˜€, or a combination.๐Ÿ‘‰ ๐—˜๐˜…๐—ฝ๐—ฒ๐—ฟ๐˜ ๐—ฆ๐˜๐—ฎ๐˜๐—ฒ๐—บ๐—ฒ๐—ป๐˜:๐—”๐—ป๐—ฑ๐˜† ๐—๐—ผ๐—ต๐—ป๐˜€๐—ผ๐—ป, Chief Financial Officer of AST SpaceMobile:"The notes have our lowest coupon ever at 1.625% and have an effective conversion price of $149.20 per share, well above our all-time high stock price, providing cost-efficient capital with effective dilution of less than 2%."" datetime: "2026-07-21T14:45:49.000Z" locales: - [en](https://longbridge.com/en/topics/42833301.md) - [zh-CN](https://longbridge.com/zh-CN/topics/42833301.md) - [zh-HK](https://longbridge.com/zh-HK/topics/42833301.md) author: "[Hardik Shah](https://longbridge.com/en/profiles/27423834.md)" --- # ๐Ÿ“ข ๐—๐—จ๐—ฆ๐—ง ๐—œ๐—ก: $AST SpaceMobile(ASTS.US) AST Spโ€ฆ ### Related Stocks - [ASTS.US](https://longbridge.com/en/quote/ASTS.US.md)