Pomerantz LLP filed a class-action lawsuit against AST SpaceMobile, Inc. and its officers for alleged federal securities law violations. The suit represents investors who purchased securities between March 4, 2025, and July 15, 2026.
The complaint follows the announcement of a $1.0 billion convertible senior notes offering in July 2026. AST's share price fell 17.04% immediately following the disclosure. The stock dropped $11.30 per share to close at $55.01 on July 16, 2026.
Investors have until November 13, 2026, to petition the court for appointment as lead plaintiff.