The company has crossed the funding threshold to reach Continuous SpaceMobile Service across key markets without additional equity dilution, shifting execution risk from financing to operations and reducing the probability of a capital-structure-driven failure.
the thesis · admitted · the reason above is the thesis, not printed twice
no findingread · nothing bore on it
It held on this filing. No finding was written because nothing in it bore on the reason — the sentences it was read against are below.
the evidence · every sentence checkedthree sentences · whole, uncut
the claims it rests on · in our words, not the filing’s
As of June 30, 2026 the company had approximately $2.7 billion of cash and cash equivalents and restricted cash on hand