Rakuten Group (ASTS) discloses 31,020,155 indirect AST SpaceMobile shares

Rhea-AI Filing Summary

AST SpaceMobile, Inc. received an initial ownership report showing that Rakuten Group, Inc. and its wholly owned subsidiary Rakuten Mobile, Inc. together hold 31,020,155 shares of Class A Common Stock indirectly. The shares are held of record by Rakuten Mobile, with no new buy or sell transactions reported.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Rakuten Group, Inc., Rakuten Mobile, Inc.

Role 10% Owner | 10% Owner

Type	Security	Shares	Price	Value
holding	Class A Common Stock	--	--	--

Holdings After Transaction: Class A Common Stock — 31,020,155 shares (Indirect, See footnote)

Footnotes (1)

1. [object Object]

Key Figures

Indirectly owned Class A Common Stock: 31,020,155 shares

1 metrics

Indirectly owned Class A Common Stock 31,020,155 shares Total shares held of record by Rakuten Mobile, Inc.

Key Terms

Form 3, ten percent owner, indirect ownership, Class A Common Stock

4 terms

Form 3 regulatory

"INSIDER FILING DATA (Form 3): {"

Form 3 is the initial public filing that officers, directors and large shareholders must submit to report their ownership of a company’s securities when they become insiders. It acts like an opening inventory sheet that gives investors a starting point to see who holds significant stakes and to spot later trades or potential conflicts of interest, helping assess insider confidence and transparency.

ten percent owner regulatory

""is_ten_percent_owner": 1"

indirect ownership financial

""ownership_type": "indirect""

Class A Common Stock financial

""security_title": "Class A Common Stock""

Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.

Understanding Insider Trading Forms →

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0104
Estimated average burden
hours per response:			0.5

1. Name and Address of Reporting Person^*

Rakuten Group, Inc.

(Last) (First) (Middle)

1-14-1 TAMAGAWA

SETAGAYA-KU

(Street)

TOKYO 158-0094

(City) (State) (Zip)

JAPAN

(Country)

2. Date of Event Requiring Statement (Month/Day/Year)
10/10/2024

3. Issuer Name and Ticker or Trading Symbol
AST SpaceMobile, Inc. [ ASTS ]

3a. Foreign Trading Symbol

5. If Amendment, Date of Original Filed (Month/Day/Year)

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	X	10% Owner
	Officer (give title below)		Other (specify below)

6. Individual or Joint/Group Filing (Check Applicable Line)

	Form filed by One Reporting Person
X	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Class A Common Stock	31,020,155	I	See footnote(1)

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

1. Name and Address of Reporting Person^*

Rakuten Group, Inc.

(Last) (First) (Middle)

1-14-1 TAMAGAWA

SETAGAYA-KU

(Street)

TOKYO 158-0094

(City) (State) (Zip)

JAPAN

(Country)

Relationship of Reporting Person(s) to Issuer

	Director	X	10% Owner
	Officer (give title below)		Other (specify below)

1. Name and Address of Reporting Person^*

Rakuten Mobile, Inc.

(Last) (First) (Middle)

1-14-1 TAMAGAWA

SETAGAYA-KU

(Street)

TOKYO 158-0094

(City) (State) (Zip)

JAPAN

(Country)

Relationship of Reporting Person(s) to Issuer

	Director	X	10% Owner
	Officer (give title below)		Other (specify below)

Explanation of Responses:

1. The securities are held of record by Rakuten Mobile, Inc., a wholly- owned subsidiary of Rakuten Group, Inc.

	Rakuten Group, Inc. /s/Kentaro Hyakuno, Representative Director, Group Senior Executive Vice President	04/16/2026
	Rakuten Mobile, Inc. /s/Atsushi Maeda, Director, Executive Vice President and CFO	04/16/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 3: SEC 1473 (03-26)

FAQ

What does ASTS’s new Form 3 from Rakuten Group report?

It reports initial beneficial ownership in AST SpaceMobile. Rakuten Group and its subsidiary Rakuten Mobile together hold 31,020,155 shares of Class A Common Stock indirectly, establishing them as significant existing shareholders without disclosing any new purchase or sale.

How many AST SpaceMobile (ASTS) shares does Rakuten Mobile hold?

Rakuten Mobile holds 31,020,155 shares of AST SpaceMobile Class A Common Stock of record. This entire position is reported as indirect ownership for Rakuten Group and Rakuten Mobile as ten percent owners on the Form 3 filing.

Is Rakuten Group a ten percent owner of ASTS according to the Form 3?

Yes. The Form 3 identifies both Rakuten Group, Inc. and Rakuten Mobile, Inc. as ten percent owners of AST SpaceMobile based on their indirect ownership of 31,020,155 Class A Common Stock shares held of record by Rakuten Mobile.

Are the ASTS shares held directly by Rakuten Group or through a subsidiary?

The shares are held of record by Rakuten Mobile, Inc., a wholly owned subsidiary of Rakuten Group. The Form 3 characterizes this position as indirect ownership for the reporting persons, reflecting shares held through the subsidiary entity.

Does the Rakuten Form 3 for ASTS show any recent share purchases or sales?

No. The Form 3 discloses holdings only, showing 31,020,155 indirectly owned Class A shares after the reported date. The transaction data classify this as a holding entry with no buy or sell transactions recorded in the summary.