Why does convertibles notes, a bad news? 

AST SpaceMobile Plans Convertible Notes Offering, Repurchase

$AST SpaceMobile, Inc.(ASTS)$ said late Thursday it plans to repurchase up to $135 million of its 4.25% convertible senior notes due 2032.AST SpaceMobile shares slumped 8% on the news.The repurchase...
AST SpaceMobile Plans Convertible Notes Offering, Repurchase

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