8-KEarnings & ResultsRegulation FDExhibits & Filings

AST SpaceMobile, Inc. 8-K Report, Financial Results (Aug 16, 2021)

Filed August 16, 2021For Securities:ASTS

Summary

AST SpaceMobile (ASTS) filed an 8-K on August 16, 2021, to report its financial results for the three and six months ended June 30, 2021, alongside a business update presentation. While the filing itself does not detail specific financial figures, it indicates that the company is providing these results via a press release (Exhibit 99.1) and a business update presentation (Exhibit 99.2). These documents, though attached, are generally furnished and not deemed "filed" under SEC regulations, meaning they don't carry the same liability as formally filed financial statements unless specifically incorporated into other filings. Investors should refer to the attached press release and business update presentation for the actual financial performance and operational details for the second quarter of 2021. These documents are critical for understanding the company's financial condition, revenue streams, expenses, and strategic progress during the reporting period. The filing serves as a notification that these updates are being made public and accessible.

Key Highlights

  • 1AST SpaceMobile announced its financial results for the second quarter and first half of 2021 via a press release.
  • 2The company also issued a Second Quarter 2021 Business Update presentation.
  • 3Both the press release and the business update presentation are attached as exhibits to the 8-K filing.
  • 4Information furnished in this 8-K (Item 2.02 and Exhibit 99.1) is not considered 'filed' for purposes of Section 18 of the Exchange Act, limiting liability.
  • 5The filing indicates the company is an emerging growth company.
  • 6Investors are directed to the attached exhibits for detailed financial and operational information.
  • 7The CFO, Thomas Severson, signed the report on behalf of AST SpaceMobile.

Frequently Asked Questions

The specific financial results for the three and six months ended June 30, 2021, are detailed in the press release (Exhibit 99.1) and the Second Quarter 2021 Business Update presentation (Exhibit 99.2) attached to this Form 8-K filing. These documents should be reviewed for detailed financial performance.

No, the information related to the results of operations and financial condition (Item 2.02) and its accompanying press release (Exhibit 99.1) are furnished and not deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934. This means they do not subject the company to the liabilities of that section, unless expressly incorporated by reference into another SEC filing.

The Second Quarter 2021 Business Update presentation (Exhibit 99.2) provides additional context and information on the company's operations, strategic progress, and outlook beyond the standard financial results. It is intended to be discussed during the company's Q2 2021 conference call and is also available on AST SpaceMobile's website.

Yes, the filing indicates that AST SpaceMobile has elected to be treated as an Emerging Growth Company.