AST SpaceMobile, Inc.

USDC – Western District of Texas

may 10, 2024

CLASS PERIOD: november 14, 2023 – april 1, 2024

Join Investigation

Principle Contacts

Laurence D. King

AST SPACEMOBILE (NASDAQ: ASTS) INVESTOR ALERT: Kaplan Fox & Kilsheimer LLP Reminds AST SpaceMobile Investors of a Class Action Lawsuit and June 17, 2024 Lead Plaintiff Deadline

Kaplan Fox & Kilsheimer LLP ( reminds investors that a complaint has been filed on behalf of purchasers or acquirers of AST SpaceMobile, Inc. (“SpaceMobile” or the “Company”) (NASDAQ: ASTS) securities between November 14, 2023 and April 1, 2024 (the “Class Period”).  Click Here to Join Investigation.

If you acquired SpaceMobile securities during the Class Period and have suffered losses, you may click here to contact us. You may also contact Kaplan Fox by emailing or by calling (646) 315-9003.

Deadline Reminder:  If you are a member of the proposed Class, you may move the court no later than June 17, 2024 to serve as a lead plaintiff for the purported class.  If you have losses, we encourage you to contact us to learn more about the lead plaintiff process.

On November 14, 2023, the start of the Class Period, SpaceMobile provided a business update in a press release for the third quarter of 2023, which stated “[t]he manufacturing of our first five commercial satellites is at full speed at our Texas facilities, and we are looking forward to our expected launch in Q1 2024 as we target initial commercial service for both mobile network operators and governmental entities starting in 2024….”

Then, on April 1, 2024, after the market closed, SpaceMobile issued a press release disclosing that production of five Block 1 BlueBird satellites had been “impacted by two suppliers, leading to delays in integration and testing.”  According to the complaint, as a result of these production impacts, the five satellites were expected to be transported to the launch site between July or August 2024, later than the previously expected launch in the first quarter of 2024. Following this news, SpaceMobile’s stock price fell $0.62 per share, or 23.6%, to close at $2.01 per share on April 2, 2024.


Kaplan Fox is a leading national law firm focusing on complex litigation with offices in New York, Oakland, Los Angeles, Chicago and New Jersey.  With over 50 years of experience in securities litigation, Kaplan Fox offers the professional experience and track record that clients demand.  Through prosecuting cases on the federal and state levels, Kaplan Fox has successfully shaped the law through winning many important decisions on behalf of our clients.  For more information about Kaplan Fox & Kilsheimer LLP, you may visit our website at

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

If you have any questions about this Notice, your rights, or your interests, please contact:

Pamela A. Mayer
800 Third Avenue, 38th Floor
New York, New York 10022
(646) 315-9003

Laurence D. King
1999 Harrison Street, Suite 1560
Oakland, California 94612
(415) 772-4704
Fax:  (415) 772-4707

Connect with Kaplan Fox.

Receive a complimentary case review now.