---
schema_version: "secwatch.filing_event.v1"
accession: "0001366868-24-000140"
form_type: "8-K"
ticker: "GSAT"
cik: "0001366868"
company_name: "Globalstar, Inc."
filed_at: "2024-12-19T23:59:59+00:00"
generated_at: "2026-05-29T01:22:24.543152+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Shareholders approve reverse stock split (1:10 to 1:25) and proportional authorized share reduction

## Summary
- Holders of ~58% of shares (1,099,945,953 shares) approved charter amendments via written consent.
- Reverse split ratio to be set by CEO/CFO between 1-for-10 and 1-for-25, at Board's discretion.
- Authorized shares (currently 2.15B) will be reduced proportionally only if reverse split is executed.
- Amendments must be implemented no earlier than 20 days after Schedule 14C mailing and by Dec 17, 2025.

## SEC filing metadata
- accession: 0001366868-24-000140
- form_type: 8-K
- ticker: GSAT
- cik: 0001366868
- company_name: Globalstar, Inc.
- filed_at: 2024-12-19T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 5.07
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1366868/000136686824000140/0001366868-24-000140-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1366868/000136686824000140/gsat-20241217.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001366868-24-000140
- JSON: https://secwatch.observer/filing/0001366868-24-000140.json
- Plain text: https://secwatch.observer/filing/0001366868-24-000140.txt

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