ASTS 10-Q Quarterly Report March 31, 2025 | Alphaminr
AST SpaceMobile, Inc.

ASTS 10-Q Quarter ended March 31, 2025

TABLE OF CONTENTS
Part I - FinancprintItem 1. Financial StatementsprintItem 2. Management S Discussion and Analysis Of Financial Condition and Results Of OperationsprintItem 2. Management S Discussion and AnalysprintItem 3. Quantitative and Qualitative Disclosures About Market RiskprintItem 3. Quantitative and QuprintItem 4. Controls and ProceduresprintItem 4. ControprintPart II - Other InformationprintPart II - OtheprintItem 1. Legal ProceedingsprintItem 1. LegalprintItem 1A. Risk FactorsprintItem 1A. RiprintItem 2. Unregistered Sales Of Equity Securities and Use Of ProceedsprintItem 2. Unregistered Sales Of EprintItem 3. Defaults Upon Senior SecuritiesprintItem 3. Defaults UprintItem 4. Mine Safety DisclosuresprintItem 4. Mine SprintItem 5. Other InformationprintItem 5. OtheprintItem 6. Exhibitsprint

Exhibits

2.1 Strategic Collaboration Term Sheet, dated as of January 5, 2025, by and between Ligado Networks LLC and AST & Sciences, LLC (incorporated by reference to Exhibit 2.1 to the registrants Current Report on Form 8-K filed with the SEC on January 7, 2025). 4.1 Indenture, dated as of January 27, 2025, by and between AST SpaceMobile, Inc. and U.S. Bank Trust Company, National Association, as Trustee (incorporated by reference to Exhibit 4.1 to the registrants Current Report on Form 8-K filed with the SEC on January 27, 2025). 4.2 Form of Global Note, representing AST SpaceMobile, Inc.s 4.25% Convertible Senior Notes due 2032 (included as Exhibit A to the Indenture filed as Exhibit 4.1) (incorporated by reference to Exhibit 4.2 to the registrants Current Report on Form 8-K filed with the SEC on January 27, 2025). 10.1 First Amendment to Amended and Restated Stockholders Agreement, dated as of February 5, 2025, by and among the Company, Abel Avellan, Antares Technologies LLC, Vodafone Ventures Limited, Rakuten Mobile, Inc., ATC TRS II LLC and AT&T Venture Investments, LLC (incorporated by reference to Exhibit 10.1 to the registrants Current Report on Form 8-K filed with the SEC on February 7, 2025). 10.2 Restructuring Support Agreement, dated as of January 5, 2025, by and among Ligado Networks LLC, certain of its subsidiaries, Consenting Stakeholders (as defined therein) and AST & Sciences, LLC (incorporated by reference to Exhibit 10.1 to the registrants Current Report on Form 8-K filed with the SEC on January 7, 2025). 10.3 Form of Confirmation for Base Capped Call Transactions (incorporated by reference to Exhibit 10.1 to the registrants Current Report on Form 8-K filed with the SEC on January 27, 2025). 10.4 Form of Confirmation for Additional Capped Call Transactions (incorporated by reference to Exhibit 10.2 to the registrants Current Report on Form 8-K filed with the SEC on January 27, 2025). 10.5 Framework Agreement, dated as of March 22, 2025, by and between Ligado Networks LLC, AST SpaceMobile, Inc., AST & Sciences, LLC and Spectrum USA I, LLC (incorporated by reference to Exhibit 10.1 to the registrants Current Report on Form 8-K filed with the SEC on March 24, 2025). 10.6 Strategic Collaboration and Spectrum Usage Agreement, dated as of March 22, 2025, by and between Ligado Networks LLC and AST & Sciences, LLC (incorporated by reference to Exhibit 10.2 to the registrants Current Report on Form 8-K filed with the SEC on March 24, 2025). 10.7 Spectrum Usage Rights Agreement, dated as of March 22, 2025, by and between One Dot Six LLC and AST & Sciences, LLC (incorporated by reference to Exhibit 10.3 to the registrants Current Report on Form 8-K filed with the SEC on March 24, 2025). 10.8 Side Letter Agreement, dated as of March 22, 2025, by and between AST SpaceMobile, Inc., Cerberus Capital Management, L.P. and Fortress Credit Advisors LLC (incorporated by reference to Exhibit 10.4 to the registrants Current Report on Form 8-K filed with the SEC on March 24, 2025). 10.9 Pre-Funded Warrant, dated as of March 22, 2025 (incorporated by reference to Exhibit 10.5 to the registrants Current Report on Form 8-K filed with the SEC on March 24, 2025). 31.1* Certification of Principal Executive Officer Pursuant to Securities Exchange Act Rules 13a-14(a), as adopted Pursuant to Section 302 of the Sarbanes-Oxley Act of 2002 31.2* Certification of Principal Financial Officer Pursuant to Securities Exchange Act Rules 13a-14(a), as adopted Pursuant to Section 302 of the Sarbanes-Oxley Act of 2002 32.1* Certification of Principal Executive Officer Pursuant to 18 U.S.C. Section 1350, as adopted Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 32.2* Certification of Principal Financial Officer Pursuant to 18 U.S.C. Section 1350, as adopted Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002