ASTS Stocks Drop 13% After $1B Convertible Notes Offering Announced
AST SpaceMobile (ASTS) shares dropped nearly 13% in after-hours trading on Wednesday after the company announced plans to raise $1 billion through a private offering of convertible senior notes due February 1, 2034. The capital raise triggered dilution concerns among existing shareholders, as the of
ASTS-10.48%
GateMacroTradfiHub·07-16 03:33



