8-K/AExhibits & Filings

AST SpaceMobile, Inc. 8-K/A Report, Exhibit Filing (May 18, 2021)

Filed May 18, 2021For Securities:ASTS

Summary

This Current Report on Form 8-K/A filed by AST SpaceMobile, Inc. (ASTS) on May 18, 2021, serves as an amendment to a prior 8-K filing, primarily to include crucial financial information related to the business combination with AST & Science, LLC. Investors should note the inclusion of unaudited condensed consolidated financial statements for AST as of March 31, 2021, and for the three months ended March 31, 2021 and 2020, along with the corresponding Management's Discussion and Analysis (MD&A). Additionally, unaudited pro forma condensed combined financial information as of and for the three months ended March 31, 2021, is provided. These filings are essential for understanding the financial health and historical performance of the combined entity following the business combination. While this report does not introduce new operational developments, it furnishes previously omitted financial details that are critical for a comprehensive evaluation of AST SpaceMobile's financial position and results of operations. Investors should review these newly incorporated financial statements and MD&A to assess the company's financial standing and performance trends.

Key Highlights

  • 1Amendment to a previous Form 8-K filing from April 12, 2021.
  • 2Inclusion of unaudited condensed consolidated financial statements for AST & Science, LLC (AST) as of March 31, 2021, and for the three months ended March 31, 2021, and 2020.
  • 3Inclusion of Management's Discussion and Analysis (MD&A) for AST for the three months ended March 31, 2021, and 2020.
  • 4Inclusion of unaudited pro forma condensed combined financial information for AST SpaceMobile, Inc. as of and for the three months ended March 31, 2021.
  • 5Item 9.01 is amended to incorporate these financial statements and pro forma information.
  • 6The filing references numerous previously filed exhibits, including various agreements, certificates, and plans, indicating the consolidation of business and operational framework.
  • 7The report is signed by Thomas Severson, Chief Financial and Operating Officer, on May 18, 2021.

Frequently Asked Questions

The primary purpose of this filing is to amend a previous Form 8-K by adding previously omitted financial information. Specifically, it includes the unaudited condensed consolidated financial statements of AST & Science, LLC, its MD&A, and unaudited pro forma combined financial information for AST SpaceMobile, Inc., related to the period ending March 31, 2021.

No, this filing is primarily an amendment to include financial information. It does not appear to introduce new operational developments or strategic changes. The focus is on providing updated financial disclosures related to the business combination.

The newly included financial statements cover the unaudited condensed consolidated financial statements of AST & Science, LLC as of March 31, 2021, and for the three months ended March 31, 2021, and March 31, 2020. The MD&A covers the same periods. The pro forma financial information is as of and for the three months ended March 31, 2021.

The detailed financial information is incorporated by reference as exhibits to this Form 8-K/A. Specifically, Exhibit 99.4 contains the unaudited condensed consolidated financial statements of AST, and Exhibit 99.5 contains the MD&A for AST. Exhibit 99.2 contains the unaudited pro forma condensed combined financial information.