AST SpaceMobile Reduces Debt by $225M: Wise Financial Decision Eliminates $63.8M in Interest Payments
AST SpaceMobile Announces Cash Buyback AST SpaceMobile, Inc. has revealed a $225 million cash buyback plan aimed at reducing approximately 8.3 million shares. Additionally, around $63.8 million will go toward covering associated interest costs. The buyback will be funded by issuing 9.45 million shares to participating note holders. Located in Midland, Texas, AST SpaceMobile (NASDAQ:ASTS) […]