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AST SpaceMobile Set to Join the U.S. Large-Cap Russell 1000® Index

1. ASTS to join the Russell 1000® Index on June 27. 2. Inclusion may increase visibility and investment in ASTS.

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FAQ

Why Bullish?

Inclusion in the Russell 1000 often leads to increased institutional investment, as seen with similar stocks previously. Historical examples show significant price gains for stocks entering major indices.

How important is it?

Inclusion in a major index like the Russell 1000 is significant, likely attracting more attention from institutional investors, thereby positively impacting stock price.

Why Short Term?

The market typically reacts quickly to index inclusion news, seen in past similar events where stock prices rallied post-announcement.

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SPCEPLLMT
MIDLAND, Texas--(BUSINESS WIRE)---- $ASTS #AST--AST SpaceMobile, Inc. (“AST SpaceMobile”) (NASDAQ: ASTS), the company building the first and only space-based cellular broadband network accessible directly by everyday smartphones, designed for both commercial and government applications, today announced it is set to join the U.S. large-cap Russell 1000® Index, effective after the U.S. market closes on June 27, as part of the 2025 Russell indexes reconstitution. Inclusion in the Russell 1000® Index, which track.

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