u/abhikkp

Lifted straight from the Formex Facebook page since their PR team doesn’t post here:

The Essence 39 is about to receive the upgrades many of you have probably seen coming:
- a screw-down crown compatible with the Case Suspension System
- a Sellita SW200-2 Power+ movement with the extended 65-hour power reserve
- an updated stainless steel bracelet with 3 mm and 6 mm on-the-fly micro-adjustment

All three first came together in the Essence 39 Black Pearl and will now carry over into the signature Essence 39 collection.

Next week, we’ll introduce the first three dial choices with these upgrades. We’re not revealing them just yet, but none of the dials currently in-stock on our website will be among them!

That makes this a particularly good time to pick up one of the remaining references at the current price, before we make a slight adjustment to account for the upgraded movement cost.

Among the remaining choices are a few rare pieces we deliberately held back until now, including an Aventurine edition created with Scottish Watches and one of the very popular Space Ghost dials. These are the very last pieces in our stock.

Discover the remaining selection through the links below. If the website says sold out, it’s gone:

Essence 39 mm (Sellita SW200-1, push/pull crown, updated bracelet)
Aventurine: https://formexwatch.com/.../essence-thirtynine-automatic.../
Dégradé: https://formexwatch.com/watches/essence-thirtynine-automatic-chronometer-degrade/
Space Ghost: https://formexwatch.com/.../essence-39-automatic.../

I hope they make a sunburst dial for the larger 6190 series in the future.

Anyone in the U.S. willing to part with their 6190-2 (Polar White)? Offering $1200 via PayPal G&S for a version in very good/minty condition.

There's one version available on Chrono24 right now, based in France, but they're reluctant to ship to America (understandably so)!

P.S. Bon week-end tout le monde

https://preview.redd.it/z0empelz1ngh1.png?width=1463&format=png&auto=webp&s=ead120de153736ea87941bddfa8d1b926a9d38f6

https://preview.redd.it/nxmigupggtfh1.png?width=1062&format=png&auto=webp&s=0a30c18204a7f35302b893efc62797209c246513

Per an IG Story from the brand^

Congrats to those who snagged a watch on today's drop. I had a meeting that started at 1 pm ET, so I couldn't get the new Hyperion I was eyeing 🫠

On July 20, 2026, AST SpaceMobile, Inc. (the “Company”) completed its previously announced private offering (the “Offering”) of $1.0 billion aggregate principal amount of 1.625% Convertible Senior Notes due 2034 (the “Notes”). Pursuant to the purchase agreement between the Company and the initial purchasers of the Notes, the Company granted the initial purchasers an option to purchase, for settlement within the 13-day period beginning on, and including, July 20, 2026, up to an additional $150 million principal amount of Notes (the “Notes Option”).

The Notes issued on July 20, 2026 do not include any Notes that may be purchased pursuant to the Notes Option. The Notes were issued pursuant to an indenture, dated July 20, 2026 (the “Indenture”), between the Company and U.S. Bank Trust Company, National Association, as trustee. The Notes are general unsecured obligations of the Company and will mature on February 1, 2034, unless earlier converted or repurchased. Interest on the Notes will accrue at a rate of 1.625% per year from July 20, 2026 and will be payable semiannually in arrears on February 1 and August 1 of each year, beginning on February 1, 2027.

The Notes are convertible at the option of the holders at any time prior to the close of business on the business day immediately preceding November 1, 2033 only under the following conditions:

(1) during any calendar quarter commencing after the calendar quarter ending on December 31, 2026 (and only during such calendar quarter), if the last reported sale price of the Company’s Class A common stock, par value $0.0001 per share (the “Class A Common Stock”), for at least 20 trading days (whether or not consecutive) during a period of 30 consecutive trading days ending on, and including, the last trading day of the immediately preceding calendar quarter is greater than or equal to 130% of the conversion price on each applicable trading day;

(2) during the five business day period after any ten consecutive trading day period (the “Measurement Period”) in which the “trading price” (as defined in the Indenture) per $1,000 principal amount of the Notes for each trading day of the Measurement Period was less than 98% of the product of the last reported sale price of the Class A Common Stock and the conversion rate on each such trading day; or

(3) upon the occurrence of specified corporate events as set forth in the Indenture. On or after November 1, 2033 until the close of business on the second scheduled trading day immediately preceding the maturity date, holders of the Notes may convert all or any portion of their Notes, at any time, in integral multiples of $1,000 principal amount, at the option of the holder regardless of the foregoing conditions. Upon conversion, the Company may satisfy its conversion obligation by paying or delivering, as the case may be, cash, shares of Class A Common Stock or a combination of cash and shares of Class A Common Stock, at the Company’s election, in the manner and subject to the terms and conditions provided in the Indenture.

The conversion rate for the Notes will initially be 12.5672 shares of Class A Common Stock per $1,000 principal amount of Notes, which is equivalent to an initial conversion price of approximately $79.57 per share of Class A Common Stock. The initial conversion price of the Notes represents a premium of approximately 20% above the last reported sale price of the Class A Common Stock on the Nasdaq Global Select Market on July 15, 2026.

Key Elements of the Transaction:

• $1.0 billion 1.625% convertible senior notes due 2034, which have an initial conversion price of approximately $79.57 per share of AST SpaceMobile’s Class A common stock, which represents a premium of approximately 20.0% over the last reported sale price of AST SpaceMobile’s Class A common stock on July 15, 2026.
• Capped call transactions entered into in connection with the pricing of the Notes have an initial cap price of $149.20 per share of AST SpaceMobile’s Class A common stock, which represents a premium of 125.0% over the last reported sale price of AST SpaceMobile’s Class A common stock on July 15, 2026.