---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-26-014528"
form_type: "8-K"
ticker: "GSAT"
cik: "0001366868"
company_name: "Globalstar, Inc."
filed_at: "2026-04-14T23:59:59+00:00"
generated_at: "2026-05-15T06:20:24.062497+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 1.0
calibrated_materiality_score: 1.0
confidence: "high"
source: SEC EDGAR
---

# Globalstar enters merger agreement with Amazon; stockholders to receive $90/share cash or Amazon stock

## Summary
- Consideration: $90.00 per share cash (subject to adjustment capped at $110M) or Amazon common stock with variable exchange ratio based on Amazon's VWAP.
- 57.6% holder Thermo delivered written consent; no stockholder vote required; deal expected to close by April 2027 with possible extensions to 2028.
- Conditions include regulatory approvals under HSR, satellite/telecom laws, and achievement of certain HIBLEO-4 satellite milestones.
- Termination fees: $419.8M payable by Globalstar to Amazon under certain circumstances, $592.1M payable by Amazon to Globalstar if antitrust clearances not obtained.
- Company equity awards will be cashed out or converted based on Per Share Value; warrants amended for cashless exercise pre-closing.

## SEC filing metadata
- accession: 0001140361-26-014528
- form_type: 8-K
- ticker: GSAT
- cik: 0001366868
- company_name: Globalstar, Inc.
- filed_at: 2026-04-14T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 1.0
- calibrated_materiality_score: 1.0
- confidence: high
- sec_items: 1.01, 2.03, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1366868/000114036126014528/0001140361-26-014528-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1366868/000114036126014528/ef20070409_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-26-014528
- JSON: https://secwatch.observer/filing/0001140361-26-014528.json
- Plain text: https://secwatch.observer/filing/0001140361-26-014528.txt

## Source-grounded claims
- claim_id: 317b9f791a59c3585fabfeb84996aaa01db8f13a
  claim: Globalstar, Inc. entered into Agreement and Plan of Merger with Amazon.com, Inc. valued at Merger with Amazon.com, Inc. (effective 2026-04-13).
  evidence_excerpt: On April 13 , 2026, Globalstar, Inc. (“ Globalstar ” or the “ Company ”) entered into an Agreement and Plan of Merger (the “ Merger Agreement ”) with Amazon.com, Inc., a Delaware corporation (“ Amazon ” or “ Parent ”), Grapefruit Acquisition Sub I, Inc., a Delaware corporation and a direct wholly owned subsidiary of Parent (“ Acquisition Sub I ”), and Grapefruit Acquisition Sub II, LLC, a Delaware limited liability company and a direct wholly owned subsidiary of Parent (“ Acquisition Sub II ” and, together with Parent and Acquisition Sub I, the “ Buyer Parties ”),
  evidence_url: https://www.sec.gov/Archives/edgar/data/1366868/000114036126014528/0001140361-26-014528-index.htm

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