BRIEF-AST SpaceMobile Receives $550 Million Financing Commitment

Reuters
13 Jun
BRIEF-AST SpaceMobile Receives $550 Million Financing Commitment

June 13 (Reuters) - AST SpaceMobile Inc ASTS.O:

  • AST SPACEMOBILE ANNOUNCES SETTLEMENT TERM SHEET FACILITATING LONG-TERM ACCESS TO UP TO 45 MHZ OF PREMIUM LOWER MID-BAND SPECTRUM IN NORTH AMERICA FOR DIRECT-TO-DEVICE SATELLITE APPLICATIONS

  • AST SPACEMOBILE INC - TO PAY $420 MILLION TO INMARSAT ON OCT 31, 2025

  • AST SPACEMOBILE INC: AGREES TO PAY $100 MILLION TO INMARSAT ON LIGADO'S BEHALF ON MARCH 31, 2026

  • AST SPACEMOBILE INC - AT CLOSING, LIGADO TO RECEIVE $550 MILLION, $535 MILLION TO INMARSAT

  • AST SPACEMOBILE INC - RECEIVES $550 MILLION FINANCING COMMITMENT

Source text: ID:nBw75k7xGa

Further company coverage: ASTS.O

((Reuters.Briefs@thomsonreuters.com;))

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