The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of AST SpaceMobile, Inc. (“AST SpaceMobile” or “the Company”) (NASDAQ: ASTS) for violations of the securities laws.

The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. AST Spacemobile’s production of satellites was negatively impacted by delays related to suppliers of critical subsystems. The Company failed to substantially complete the production of its five satellites and were not on track for a first quarter 2024 launch. Based on these facts, the Company’s public statements were false and materially misleading throughout the class period. When the market learned the truth about AST Spacemobile, investors suffered damages.

If you are a shareholder who suffered a loss, click here to participate.

We also encourage you to contact Brian Schall of the Schall Law Firm, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm's website at www.schallfirm.com, or by email at bschall@schallfirm.com.

The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.

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