{"id":8822,"date":"2026-07-17T18:05:49","date_gmt":"2026-07-17T13:05:49","guid":{"rendered":"https:\/\/usnews-14267fa.ingress-comporellon.ewp.live\/?p=8822"},"modified":"2026-07-17T18:05:49","modified_gmt":"2026-07-17T13:05:49","slug":"asts-trending-after-a-rough-week-marked-by-a-1-billion-notes-sale-service-delay-ast-spacemobile-nasd","status":"publish","type":"post","link":"https:\/\/usnews-14267fa.ingress-comporellon.ewp.live\/?p=8822","title":{"rendered":"ASTS Trending After a Rough Week Marked by a $1 Billion Notes Sale, Service Delay &#8211; AST SpaceMobile (NASD"},"content":{"rendered":"<p><script>\r\n  atOptions = {\r\n    'key' : '644b717812d811d6a1c1fc5b6ccd6fa6',\r\n    'format' : 'iframe',\r\n    'height' : 90,\r\n    'width' : 728,\r\n    'params' : {}\r\n  };\r\n<\/script>\r\n<script src=\"https:\/\/www.highperformanceformat.com\/644b717812d811d6a1c1fc5b6ccd6fa6\/invoke.js\"><\/script>\r\n<br \/>\n<br \/><img decoding=\"async\" src=\"https:\/\/ic-cdn.flipboard.com\/benzinga.com\/f4ebc445b7b882b510230b96d178c30524dfd708\/_large.jpeg\" \/><\/p>\n<div id=\"article-body\" itemprop=\"articleBody\"><!--$--><\/p>\n<div>\n<div class=\"ArticleBlocks__BlocksWrapper-sc-6da45dd6-0 ipZaeQ\"><!--$?--><template id=\"B:3\"\/><!--\/$--><!--$--><!--\/$--><!--$--><!--\/$--><!--$--><\/p>\n<h2 class=\"wp-block-heading\"><strong>$1B Convertible Notes Priced<\/strong><\/h2>\n<p><!--\/$--><!--$--><\/p>\n<p class=\"block core-block\">AST SpaceMobile priced $1.0 billion in aggregate principal amount of 1.625% convertible senior notes due 2034 in a private offering to qualified institutional buyers. The notes carry an initial conversion price of approximately $79.57 per share \u2014 a 20% premium over the company\u2019s July 15 closing price of $66.31. <\/p>\n<p><!--\/$--><!--$--><\/p>\n<p class=\"block core-block\">The company also entered into capped call transactions with an initial cap price of $149.20 per share, a 125% premium over the same reference price, designed to reduce potential dilution upon conversion. The sale is expected to settle July 20, with initial purchasers holding an option to buy up to an additional $150 million in notes within 13 days of issuance.<\/p>\n<p><!--\/$--><!--$--><!--\/$--><!--$?--><template id=\"B:4\"\/><!--\/$--><!--$--><\/p>\n<h2 class=\"wp-block-heading\"><strong>Commercial Launch Delayed to 2027<\/strong><\/h2>\n<p><!--\/$--><!--$?--><template id=\"B:5\"\/><!--\/$--><!--$?--><template id=\"B:6\"\/><!--\/$--><!--$--><!--\/$--><!--$--><\/p>\n<h2 class=\"wp-block-heading\">AST SpaceMobile Shares Trade Lower<\/h2>\n<p><!--\/$--><!--$--><\/p>\n<p class=\"block core-block\"><strong>ASTS Price Action:<\/strong> At the time of publication, AST SpaceMobile shares are trading 1.33% lower at $54.28, according to data from <a href=\"https:\/\/pro.benzinga.com\/dashboard\" target=\"_blank\">Benzinga Pro<\/a>.<\/p>\n<p><!--\/$--><!--$--><\/p>\n<p class=\"block core-block\"><em>Image via Shutterstock<\/em><\/p>\n<p><!--\/$--><!--$--><!--\/$--><\/div>\n<\/div>\n<p><!--\/$--><!--$?--><template id=\"B:7\"\/><!--\/$--><!--$--><\/p>\n<p class=\"block core-block\"><em>This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.<\/em><\/p>\n<p><!--\/$--><!--$--><a class=\"text-sm my-4\" href=\"https:\/\/www.benzinga.com\/apis?utm_source=benzinga.com&amp;utm_campaign=article-bottom\" rel=\"noreferrer\" target=\"_blank\">Market News and Data brought to you by Benzinga APIs<\/a><!--\/$--><\/p>\n<p class=\"copyright\">\u00a9 2026 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.<\/p>\n<p class=\"block core-block\">To add <strong>Benzinga News<\/strong> as your preferred source on Google,<!-- --> <a href=\"https:\/\/google.com\/preferences\/source?q=https%3A%2F%2Fwww.benzinga.com\" rel=\"noreferrer\" target=\"_blank\">click here<\/a>.<\/p>\n<\/div>\n<script async=\"async\" data-cfasync=\"false\" src=\"https:\/\/pl30214220.effectivecpmnetwork.com\/9ab3d4df8a7e1a6171e16ddbf732cc19\/invoke.js\"><\/script>\r\n<div id=\"container-9ab3d4df8a7e1a6171e16ddbf732cc19\"><\/div>\r\n\n","protected":false},"excerpt":{"rendered":"<p>$1B Convertible Notes Priced AST SpaceMobile priced $1.0 billion in aggregate principal amount of 1.625% convertible senior notes due 2034 in a private offering to qualified institutional buyers. The notes carry an initial conversion price of approximately $79.57 per share \u2014 a 20% premium over the company\u2019s July 15 closing price of $66.31. The company&#8230;<\/p>\n","protected":false},"author":1,"featured_media":8823,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/cdn.benzinga.com\/cdn-cgi\/image\/width=1200,height=800,fit=crop\/files\/images\/story\/2026\/07\/17\/Los-Angeles--California---July-8-2025-As.jpg","fifu_image_alt":"","footnotes":""},"categories":[18],"tags":[],"class_list":["post-8822","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-real-trending-viral-news"],"brizy_media":[],"_links":{"self":[{"href":"https:\/\/usnews-14267fa.ingress-comporellon.ewp.live\/index.php?rest_route=\/wp\/v2\/posts\/8822","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/usnews-14267fa.ingress-comporellon.ewp.live\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/usnews-14267fa.ingress-comporellon.ewp.live\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/usnews-14267fa.ingress-comporellon.ewp.live\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/usnews-14267fa.ingress-comporellon.ewp.live\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=8822"}],"version-history":[{"count":0,"href":"https:\/\/usnews-14267fa.ingress-comporellon.ewp.live\/index.php?rest_route=\/wp\/v2\/posts\/8822\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/usnews-14267fa.ingress-comporellon.ewp.live\/index.php?rest_route=\/wp\/v2\/media\/8823"}],"wp:attachment":[{"href":"https:\/\/usnews-14267fa.ingress-comporellon.ewp.live\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=8822"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/usnews-14267fa.ingress-comporellon.ewp.live\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=8822"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/usnews-14267fa.ingress-comporellon.ewp.live\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=8822"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}