PERSPECTA

News from every angle

← Back to headlines

AST SpaceMobile Shares Sink After $1 Billion Convertible-Note Offering

AST SpaceMobile (ASTS) shares fell significantly after the company priced a $1 billion convertible-note offering, with some analysts suggesting the dilution risk is being misunderstood or is smaller than it appears.

17 Jul, 06:10 — 17 Jul, 06:10
PostShare

Sources

Showing 1 of 1 sources
YahooMostly Factual21d ago

ASTS Punished Over 1.5% Dilution? Shay Boloor Bought the Dip, Calls Fundraise 'Completely Misunderstood'

Read full article →

Related Stories

OpenAI Pauses Development of Astra AI Model Due to Cyber Concerns

30m ago

Christopher Nolan's 'Odyssey' Film Crosses $1 Billion Box Office

31m ago

Starbucks Ends GLP-1 Weight Loss Drug Coverage for Employees

35m ago

Nvidia Stock Experiences Largest Weekly Surge in Over a Year

36m ago