secwatch.observer — SEC 8-K summary
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Issuer:     EchoStar CORP (SATS)
CIK:        0001415404
Form:       8-K
Filed at:   2024-01-02T23:59:59+00:00
Accession:  0001104659-24-000089
Event type: m_and_a
Sentiment:  neutral
Materiality: 1.00
Item codes: 1.01, 2.01, 2.03, 3.02, 5.02, 5.03, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

EchoStar completes acquisition of DISH Network; all-share merger closes Dec 31, 2023
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- Merger closed Dec 31, 2023; each DISH share converted into 0.350877 EchoStar Class A share; DISH now a wholly owned subsidiary.
- Board expanded to 11; six new directors from DISH; prior directors Dugan, Kaul, Schroeder, Tarr resigned.
- Executive leadership updated: Charles Ergen remains Chairman; Hamid Akhavan CEO; Paul Orban appointed CFO and principal accounting officer.
- Registration rights granted to Ergen stockholders; DISH convertible note indentures amended to reflect conversion into EchoStar shares.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1415404/000110465924000089/0001104659-24-000089-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1415404/000110465924000089/tm2333745d3_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-24-000089

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