---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-106152"
form_type: "8-K"
ticker: "SATS"
cik: "0001415404"
company_name: "EchoStar CORP"
filed_at: "2023-10-03T23:59:59+00:00"
generated_at: "2026-06-10T05:24:26.537124+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# EchoStar restructures merger with DISH; DISH to become subsidiary; terms unchanged

## Summary
- Exchange ratio: each DISH share converts to 0.350877 EchoStar share (same as original).
- Closing conditions include regulatory approvals, SEC S-4 effectiveness, and no legal restraint.
- Ergen stockholders agreed not to vote EchoStar Class A shares for three years post-closing.
- Hamid Akhavan to be CEO of combined EchoStar with $2.5M base salary and equity awards.
- John Swieringa appointed President of Technology and COO of EchoStar, effective at close.

## SEC filing metadata
- accession: 0001104659-23-106152
- form_type: 8-K
- ticker: SATS
- cik: 0001415404
- company_name: EchoStar CORP
- filed_at: 2023-10-03T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 3.02, 5.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1415404/000110465923106152/0001104659-23-106152-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1415404/000110465923106152/tm2326297d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-106152
- JSON: https://secwatch.observer/filing/0001104659-23-106152.json
- Plain text: https://secwatch.observer/filing/0001104659-23-106152.txt

## Key facts
- Executive change
  John Swieringa was appointed as President of Technology and Chief Operating Officer at EchoStar CORP.
  - Action: appointed
  - Role: President of Technology and Chief Operating Officer
  source text: On October 1, 2023, the Board approved the appointment of Mr. John Swieringa, the current President of Technology and Chief Operating Officer of DISH, as the President of Technology and Chief Operating Officer of EchoStar, effective upon the Effective Time.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1415404/000110465923106152/0001104659-23-106152-index.htm
- Executive change
  Hamid Akhavan was appointed as President and Chief Executive Officer at EchoStar CORP.
  - Action: appointed
  - Role: President and Chief Executive Officer
  source text: pursuant to which Mr. Akhavan will continue to serve as the President and Chief Executive Officer of EchoStar and will serve as a member of the Company Board upon the Effective Time
  evidence_url: https://www.sec.gov/Archives/edgar/data/1415404/000110465923106152/0001104659-23-106152-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.