AST SpaceMobile Falls 9%, CEO Entity Files $183 Million Share Sale

AA Gables 2, LLC filed a Form 144 for the proposed sale of 2.5 million Class A common shares. Abel Avellan, the Chairman and CEO of AST SpaceMobile, serves as the sole managing member of the entity. The filing values the shares at approximately $183 million.

Citibank will execute the sale through a pre-paid forward contract. This structured agreement facilitates the introduction of shares into the public market.

AST SpaceMobile shares declined over 9% during the June 22, 2026, trading session.