Form 8-K · Current Report · Filed 2024-06-04
AST SpaceMobile Appoints Telecom Veteran Johan Wibergh to Board
AST SpaceMobile, Inc. announced on June 3, 2024, the appointment of Johan Wibergh, a retired telecom industry executive with over 35 years of experience, to its Board of Directors. Wibergh, who previously served as Chief Technology and Information Officer of Vodafone and EVP & Head of Business Unit Networks for Ericsson, will contribute his expertise in building and operating large-scale networks. He will also chair the newly formed Network Planning and Spectrum Committee. The appointment was made pursuant to the director designation right in the Stockholders' Agreement dated April 6, 2021.
- Filer
- Ast Spacemobile Inc. ASTS · NASDAQ
- Filed
- Accession
- 0001493152-24-022587
- CIK
- 0001780312
- Signal
- High impactTechnology
- Source
- Official filing on sec.gov ↗
Items reported
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers
Regulation FD Disclosure
Financial Statements and Exhibits
Market reaction
Close before filing
$8.38
Next session
+4.9%
Since filing
+603.8%
Latest close
$58.98
What happened, not what will happen — closing prices around the filing date.
Precedent
Previous filings from ASTS reporting the same item, with the next session's move:
Exhibits (1)
About Ast Spacemobile Inc.
Ast Spacemobile Inc. is an innovative telecommunications company focused on transforming mobile connectivity through satellite technology. The company's primary mission is to develop and deploy the first and only space-based cellular broadband network directly accessible by standard mobile phones. This groundbreaking initiative aims to eliminate connectivity gaps in remote and underserved areas worldwide, significantly enhancing global communication networks. Ast Spacemobile Inc. is crucial to sectors like remote communications, emergency services, and developing markets where traditional cellular infrastructure is challenging to implement. With its headquarters in Midland, Texas, the company is at the forefront of marrying terrestrial mobile networks with satellite solutions, marking a significant shift in how broad-area coverage can be achieved. Their endeavor represents a pivotal advancement in the telecommunications industry, likely impacting global connectivity dynamics by extending the reach of mobile network operators beyond conventional terrestrial limitations.
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