PR Newswire·Oct 20, 2026, 8:17 PM ET

INVESTOR ACTION NOTICE: Moore Law PLLC Encourages Investors in AST SpaceMobile, Inc. to Contact Law Firm

Fletcher Moore of Moore Law PLLC is investigating AST SpaceMobile, Inc. (NASDAQ: ASTS) for potential shareholder damages & corporate governance reforms.
On January 6, 2026, Scotiabank downgraded ASTS to "Sell" citing Starlink competition & slow user adoption in the US & Japan.
Following the January 6 downgrade, ASTS stock fell $11.76 (12.06%) to close at $85.73 on January 7, 2026.
On February 11, 2026, ASTS announced a $1 billion convertible notes offering, causing the stock to drop $14.70 (15.17%) to $82.22 on February 12, 2026.
On July 15, 2026, ASTS announced another $1 billion convertible senior notes offering while seeking partnerships despite prior claims of a fully funded constellation.
UBS & Roth Capital Partners questioned the July financing given prior funding representations, leading to a stock drop of $11.30 (17.04%) to $55.01 on July 16, 2026.
Shareholders holding ASTS securities may seek monetary damages, reimbursements, or incentive awards at no cost on a contingency fee basis.
Investors should contact Fletcher Moore at fletcher@fmoorelaw.com for more information.