ASTS Huiwen Yao sells $2.9M worth of shares
Dec 09, 2025, 5:37 AM
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What does ASTS do
AST Spacemobile, headquartered in Midland, Texas, develops a space-based broadband network using LEO satellites to connect standard mobile devices, with an IPO since September 2019. The company employs 272 staff and tests its BlueWalker 3 satellite for service capabilities.
Huiwen Yao sold 40,000 shares of ASTS on 5 December at $73.52 per share, worth a total of $2.9M. They now own 4,750 ASTS shares, or a 89% holding decrease.
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