NEW YORK, April 18, 2024 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, announces that a class action lawsuit has been filed against AST SpaceMobile, Inc. ("SpaceMobile" or the "Company") (NASDAQ:ASTS) in the United States District Court for the Western District of Texas on behalf of all persons and entities who purchased or otherwise acquired SpaceMobile securities between November 14, 2023 and April 1, 2024, both dates inclusive (the "Class Period"). Investors have until June 17, 2024 to apply to the Court to be appointed as lead plaintiff in the lawsuit.
Click here to participate in the action.
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." As a result, these five satellites were expected to ...