Approved AST SPAC Deal to Close by Tuesday

Shareholders of special-purpose acquisition company New Providence Acquisition approved the transaction with AST, with the close expected by Tuesday, it said Thursday. Following the close, the combined company, AST SpaceMobile, will trade on Nasdaq, it said. It said the deal will bring $462 million to AST SpaceMobile, including $230 million from a private placement closing at the same time.