other material
confidence high
sentiment neutral
materiality 0.50
DISH 401(k) blackout period ahead of EchoStar merger closing expected by Dec 29
DISH Network CORP
- Blackout period begins one business day before merger closing (expected Dec 11-29, 2023) and lasts 2-5 business days after.
- During blackout, DISH 401(k) participants cannot trade DISH Class A stock; shares will convert to EchoStar shares at 0.350877:1.
- Directors and executive officers are prohibited from trading DISH equity securities acquired in connection with service during blackout.
- The blackout is necessary to facilitate conversion of DISH shares into EchoStar shares in the merger.