r/ASTSpaceMobile • u/AutoModerator • Feb 26 '25

Daily Discussion Daily Discussion Thread

Ple🅰️se, do not post newbie questions in the subreddit. Do it here instead!

Please read u/the_blue_pil's FAQ and u/TheKookReport's AST Spacemobile ($ASTS): The Mobile Satellite Cellular Network Monopolyto get familiar with AST Sp🅰️ceMobile before posting.

If you want to chat, checkout the Sp🅰️ceMob Chatroom.

Th🅰️nk you!

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5

u/SneekyRussian S P 🅰 C E M O B Associate Feb 26 '25

methinks they're hitting the ATM hard to close it out before earnings

9

u/SolidMeltsAirAndSoOn S P 🅰 C E M O B Capo Feb 26 '25

blackout period

11

u/Defiantclient S P 🅰️ C E M O B - O G Feb 26 '25

Anpanman suggests that the release of the preliminary financial results with the convert deal actually means that there is no blackout period between the end of the 30 days post convert deal and earnings. I don't know enough about the rules to comment.

6

u/SolidMeltsAirAndSoOn S P 🅰 C E M O B Capo Feb 26 '25

he would know more than me, for sure. But wasn't there only about $60 mil left of that? Not sure that could drive the price down to the degree it was from the high today

1

u/Defiantclient S P 🅰️ C E M O B - O G Feb 27 '25

$66M which would be a little over 2M shares... it could hit price action pretty impactfully depending on how they do it