Added to YB: 2025-06-26
Pitch date: 2025-06-25
ASTS [neutral]
AST SpaceMobile, Inc.
+50.78%
current return
Author Info
No bio for this author
Company Info
AST SpaceMobile, Inc., together with its subsidiaries, designs and develops the constellation of BlueBird satellites in the United States.
Market Cap
$22.2B
Pitch Price
$50.87
Price Target
N/A
Dividend
N/A
EV/EBITDA
-98.75
P/E
-61.08
EV/Sales
1.2K
Sector
Diversified Telecommunication Services
Category
special_situation
ASTS Debt Conversion Cuts Interest Costs, Removes 8M+ Shares of Short Pressure
ASTS (convertible debt update): Convertible debt holders agree to early conversion, reducing annual cash interest in exchange for more shares. Short interest to drop by 8m+ shares. Sweetener of ~1m extra shares likely to be sold but not enough to impact price materially. Overall positive outcome for company balance sheet.
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