Pomerantz LLP is investigating claims on behalf of investors of AST SpaceMobile, Inc. regarding potential securities fraud or unlawful business practices. The investigation follows a January 7, 2026 Scotiabank downgrade of AST to Sell, citing competition from SpaceX’s Starlink, slow customer adoption, and satellite launch delays, after which AST’s stock fell $11.76 per share, or 12.06%, to close at $85.73. Then on July 15, 2026, AST announced the pricing of $1.0 billion aggregate principal amount of 1.625% convertible senior notes due 2034, and its stock fell $11.30 per share, or 17.04%, to close at $55.01 on July 16. Investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, extension 7980.
Ast Spacemobile IncScotiabank downgrade to Sell and convertible note pricing both negatively impact the stock.