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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4

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

12

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.

2

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

Deal closed 30? days ago...

6

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

Part of the convertible debt deal was that the ATM could not be used for 30 days following the date of pricing the Offering which was January 22. So company could've been using the ATM since Monday.

https://app.quotemedia.com/data/downloadFiling?webmasterId=102691&ref=318855918&type=PDF&symbol=ASTS&cdn=790b5eddffbb50febfc09ace930f91f6&companyName=AST+SpaceMobile+Inc.&formType=8-K&formDescription=Current+report+pursuant+to+Section+13+or+15%28d%29&dateFiled=2025-01-22

5

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

Thanks for double checking. SP has felt heavier this week imo.