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Updated · Barron's · May 8Rakuten Mobile completes AST SpaceMobile share sale plan
12 articles · Updated · Barron's · May 8
- It sold 5,510,077 shares between April 27 and May 5 at $65.33 to $76.31 each, leaving it with 15,510,078 shares, or a 5.3% stake.
- The disposals completed a previously disclosed Rule 10b5-1 trading plan for the satellite-based cellular broadband network operator.
- AST SpaceMobile shares are down about 15.2% so far this year, according to SEC Schedule 13D disclosures covering filings from April 23 to April 29.
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