AST SpaceMobile, Inc.

Passed

Class Action Period:
November 14, 2023 - April 01, 2024

Lead Plaintiff Deadline:
June 17, 2024

Case Form

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Allegations

The filed complaint alleges that AST SpaceMobile, Inc. made materially false and/or misleading statements and/or failed to disclose that: (1) that production of the Company’s five first generation of commercial satellites, Block 1 BlueBird satellites, had been negatively impacted by two suppliers of key subsystems; (2) a result, the Company had not substantially completed the production of the Block 1 BlueBird satellites; (3) as a result, the Company’s five Block 1 BlueBird satellites were not on track to launch in the first quarter of 2024; and (4) as a result of the foregoing, defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis.

Eligibility

In order to be included in the lawsuit, you must have incurred a loss on shares of AST SpaceMobile purchased during the class period listed above.

Lead Plaintiff Deadline

If you suffered a loss in AST SpaceMobile during the relevant time frame, you have until June 17, 2024 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.