---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-273399"
form_type: "8-K"
ticker: "GOGO"
cik: "0001537054"
company_name: "Gogo Inc."
filed_at: "2024-12-09T23:59:59+00:00"
generated_at: "2026-05-29T05:36:40.353726+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.9
calibrated_materiality_score: 0.9
confidence: "high"
source: SEC EDGAR
---

# Gogo completes acquisition of Satcom Direct for $375M cash + 5M shares + up to $225M earnout

## Summary
- Acquired all equity of Satcom Direct entities for ~$375M cash, 5M restricted shares (~$40.5M), and up to $225M earnout over 4 years.
- Entered $250M term loan facility from HPS Investment Partners, maturing April 2028, with interest at SOFR+6.00% (floor 1%).
- Amended existing Morgan Stanley revolver to $122M and extended maturity to Dec 2029.
- 5M shares issued as Closing Date Stock Consideration were unregistered, exempt under Section 4(a)(2).
- Financial statements of acquired business and pro forma info to be filed within 71 days.

## SEC filing metadata
- accession: 0001193125-24-273399
- form_type: 8-K
- ticker: GOGO
- cik: 0001537054
- company_name: Gogo Inc.
- filed_at: 2024-12-09T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.9
- calibrated_materiality_score: 0.9
- confidence: high
- sec_items: 1.01, 2.01, 2.03, 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1537054/000119312524273399/0001193125-24-273399-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1537054/000119312524273399/d915976d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-273399
- JSON: https://secwatch.observer/filing/0001193125-24-273399.json
- Plain text: https://secwatch.observer/filing/0001193125-24-273399.txt

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