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AST SpaceMobile, Inc. Class Action Reminder - Robbins LLP Encourages ASTS Investors to Contact the Firm for Information About Their Rights

GlobeNewswire Inc.·
AST SpaceMobile, Inc. Class Action Reminder - Robbins LLP Encourages ASTS Investors to Contact the Firm for Information About Their Rights

A class action lawsuit has been filed against AST SpaceMobile (ASTS) for allegedly misleading investors about its competitive position in the satellite direct-to-cellular market. The complaint claims defendants overstated AST's durability and competitive advantages while downplaying capital requirements and slow user adoption following SpaceX's entry into the D2C market via the EchoStar transaction. The stock declined significantly following multiple convertible note offerings in October 2025, February 2026, and July 2026.

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