---
schema_version: "secwatch.filing_event.v1"
accession: "0001366868-24-000108"
form_type: "8-K"
ticker: "GSAT"
cik: "0001366868"
company_name: "Globalstar, Inc."
filed_at: "2024-11-07T23:59:59+00:00"
generated_at: "2026-05-30T03:23:16.957755+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Globalstar consummates payoff of 13% Notes and issues 400K Class B Units of subsidiary

## Summary
- Conditions precedent satisfied as of Nov 5, 2024; transactions completed.
- Full payoff of 2023 13% Notes (principal amount not disclosed).
- Issuance and sale of 400,000 Class B Units of Globalstar Licensee, LLC.
- Transactions were previously announced in the Nov 1, 2024 Form 8-K.

## SEC filing metadata
- accession: 0001366868-24-000108
- form_type: 8-K
- ticker: GSAT
- cik: 0001366868
- company_name: Globalstar, Inc.
- filed_at: 2024-11-07T23:59:59+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1366868/000136686824000108/0001366868-24-000108-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1366868/000136686824000108/gsat-20241106.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001366868-24-000108
- JSON: https://secwatch.observer/filing/0001366868-24-000108.json
- Plain text: https://secwatch.observer/filing/0001366868-24-000108.txt

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