secwatch.observer — SEC 8-K summary
======================================

Issuer:     Gogo Inc. (GOGO)
CIK:        0001537054
Form:       8-K/A
Filed at:   2025-02-18T23:59:59+00:00
Accession:  0000950170-25-022192
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.55
Item codes: 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Gogo completes Satcom Direct acquisition; provides audited financials showing $448M revenue in 2023
--------------------------------------------------------------------------------

- Acquisition closed Dec 3, 2024; purchase agreement signed Sep 29, 2024 for undisclosed value.
- Satcom 2023 revenue $447.6M, net income $39.6M; 2022 revenue $385.3M, net income $29.8M (both restated).
- Satcom total assets $175.9M, long-term debt $63.1M, cash $3.1M as of Dec 31, 2023.
- Audited financials include accounting method change and restatement to correct misstatements; pro forma combined financials also filed.
- Satcom provides global satellite communications for business, military, and government aircraft.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1537054/000095017025022192/0000950170-25-022192-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1537054/000095017025022192/gogo-20241203.htm
  HTML page:      https://secwatch.observer/filing/0000950170-25-022192

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer