AST SpaceMobile Receives $550 Million Financing Commitment

June 13 (Reuters) - AST SpaceMobile Inc ASTS.O:

• AST SPACEMOBILE ANNOUNCES SETTLEMENT TERM SHEET FACILITATING LONG-TERM ACCESS TO UP TO 45 MHZ OF PREMIUM LOWER MID-BAND SPECTRUM IN NORTH AMERICA FOR DIRECT-TO-DEVICE SATELLITE APPLICATIONS

• AST SPACEMOBILE INC - TO PAY $420 MILLION TO INMARSAT ON OCT 31, 2025

• AST SPACEMOBILE INC: AGREES TO PAY $100 MILLION TO INMARSAT ON LIGADO'S BEHALF ON MARCH 31, 2026

• AST SPACEMOBILE INC - AT CLOSING, LIGADO TO RECEIVE $550 MILLION, $535 MILLION TO INMARSAT

• AST SPACEMOBILE INC - RECEIVES $550 MILLION FINANCING COMMITMENT