NASDAQ: ASTS | Wrong Market Cap and Shares
Total shares outstanding (and market cap) for NASDAQ: ASTS is wrong. AST’s market capitalization is currently reported as ~$400mm based on an inaccurate share count that only reflects Class A shares of 51.7mm (and does not take into account the Class B and C shares), which is only 28.5% of the total basic common shares outstanding. Total shares outstanding should be 181.529704 and the equity value should be ~$1.4bn, not ~$0.4bn
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Abshir Esse
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