The law firm said it is examining whether AST SpaceMobile or certain officers and directors engaged in securities fraud or other unlawful business practices after a downgrade and a $1.0 billion convertible notes deal.
Pomerantz LLP said it is investigating claims on behalf of investors in AST SpaceMobile, Inc., focused on whether the company and certain of its officers and directors engaged in securities fraud or other unlawful business practices. The inquiry follows two sharp share-price declines cited in the announcement: a Jan. 7, 2026 drop after Scotiabank downgraded AST to Sell, and a July 16, 2026 decline after AST announced the pricing of $1.0 billion of 1.625% convertible senior notes due 2034. Investor-law-firm investigations often examine whether corporate disclosures, execution risks, financing decisions, or management statements may have misled shareholders before a stock move.