AST SpaceMobile, Inc. - Form 4 Filing

This filing details a variable prepaid forward transaction entered into by AA Gables 2, LLC, managed by Avellan Abel Antonio, with an unaffiliated dealer. The agreement covers up to 2,500,000 shares of AST SpaceMobile's Class A Common Stock, with settlement dates in March 2028. The number of shares to be delivered is contingent on the volume-weighted average price of the stock on the valuation dates, with specific floor and cap prices defined. AA Gables 2 received an upfront payment of approximately $146.7 million and has pledged 2,500,000 common units of AST & Science, LLC as security, while retaining voting rights. Avellan Abel Antonio is the sole member and managing member of AA Gables 2.