Source-grounded facts extracted from Globalstar, Inc.'s SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.
Globalstar, Inc. shareholders approved Approval, on an advisory basis, of the compensation of the Company's named executive officers at the 2026-05-13 meeting.
“Proposal No. 3: Approval, on an advisory basis, of the compensation of the Company's named executive officers For Against Abstain Broker Non-Votes 97,774,479 3,664,885 98,236 14,012,317”
Globalstar, Inc. shareholders approved Ratification of the appointment of Ernst & Young LLP as the Company's independent registered public accounting firm for 2026 at the 2026-05-13 meeting.
“Proposal No. 2: Ratification of the appointment of Ernst & Young LLP as the Company's independent registered public accounting firm for 2026 For Against Abstain 114,793,734 614,674 141,509”
Globalstar, Inc. shareholders approved Election of each of the two Class B Director nominees at the 2026-05-13 meeting.
“Proposal No. 1: Election of each of the two Class B Director nominees Name For Withhold Broker Non-Votes James F. Lynch 92,212,990 9,324,610 14,012,317 Timothy E. Taylor 96,896,894 4,640,706 14,012,317”
Globalstar, Inc. reported first quarter ended March 31, 2026 results: revenue $70.1 million.
“forth by specific reference in such a filing. --- EX-99.1 (EX-99.1) --- GLOBALSTAR ANNOUNCES FIRST QUARTER 2026 FINANCIAL RESULTS • Generated first quarter 2026 revenue of $70.1 million, a 17% increase from the prior year's first quarter, bolstered by higher wholesale capacity services revenue • Announced entry into definitive merger agreement with Amazon •”
Globalstar, Inc. entered into Agreement and Plan of Merger with Amazon.com, Inc. valued at Merger with Amazon.com, Inc. (effective 2026-04-13).
“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 ”),”
Globalstar, Inc.: Amendment to Certificate of Incorporation to provide for officer exculpation (effective 2025-05-20).
“At the 2025 annual meeting of stockholders of Globalstar, Inc. (the “Company”) held on May 20, 2025 (the “2025 Annual Meeting”), the Company’s stockholders approved the amendment to the Company’s Third Amended and Restated Certificate of Incorporation (as amended from time to time, the “Certificate of Incorporation”) to provide for the exculpation of officers to the extent permitted under Delaware law. Accordingly, on May 20, 2025, the Company filed a certificate of amendment to its Certificate of Incorporation (the “Certificate of Amendment”) with the Delaware Secretary of State, and the amendment became effective on the date of filing.”
Globalstar, Inc.: Certificate of Amendment to effect a 1-for-15 reverse stock split, reduce authorized common shares to 143,333,334, and change exchange references from NYSE to Nasdaq (effective 2025-02-10).
“On February 7, 2025, the Company filed with the Delaware Secretary of State a Certificate of Amendment to the Company’s certificate of incorporation to (i) effect the Reverse Stock Split at a ratio of 1 for 15 for each share of Common Stock effective as of February 10, 2025 at 5:30 PM ET (the “Effective Time”), (ii) effect the Authorized Share Reduction Charter Amendment to reduce the number of shares of Common Stock authorized under the certificate of incorporation in proportion to the Reverse Stock Split ratio, and (iii) change all references to the “New York Stock Exchange” in the certificate of incorporation to “Nasdaq Stock Market LLC” (the “Charter Amendments”).”
Globalstar, Inc. updated its the first quarter ended March 31, 2024 guidance (reaffirmed).
“On May 8, 2024, Globalstar, Inc. (the "Company") issued a press release announcing the Company's financial and operating results for the three months ended March 31, 2024.”
Globalstar, Inc. reported fourth quarter and year ended December 31, 2023 results: revenue $52.4 million.
“Total revenue increased $11.1 million, or 27%, to $52.4 million during the fourth quarter of 2023 compared to the fourth quarter of 2022 due to higher service revenue.”
Globalstar, Inc. entered into Thermo Guaranty with an affiliate of James Monroe, III, our Executive Chairman and controlling stockholder ("Thermo") valued at $252 million obligation (effective 2023-12-07).
“the Thermo Guaranty became effective on December 7, 2023. As previously disclosed, on February 27, 2023, an affiliate of James Monroe, III, our Executive Chairman and controlling stockholder ("Thermo"), entered into a Secured Guaranty with the Company’s partner under its previously disclosed Partnership Agreements (the "Partner"), whereby Thermo agreed to guaranty certain obligations related to the Partnership Agreements and the related agreements, including the $252 million obligation under the previously disclosed prepayment agreement and satellite procurement agreement (collectively, the "Guaranteed Obligations"), and agreed that Thermo would guaranty (the "Thermo Guaranty") the same obligations directly in favor of the Company”
Globalstar, Inc. reported the third quarter of 2023 results: revenue $57.7 million, net income $6.2 million. Guidance raised.
“Total revenue increased $20.1 million, or 53%, to $57.7 million during the third quarter of 2023 compared to the third quarter of 2022, due to higher service revenue.”
Globalstar, Inc.: Increased the number of directors on the Board from seven to nine.
“the Board of Directors approved the Fifth Amended and Restated Bylaws (the “Bylaws”), which increased the number of directors on the Board of Directors from seven (7) to nine (9).”
Globalstar, Inc. entered into Support Services Agreement with XCOM Labs, Inc. (effective 2023-08-29).
“In connection with the License Agreement, on the Effective Date, the Company also entered into a Support Services Agreement (the “Services Agreement”) by and between the Company and Licensor.”
Globalstar, Inc. entered into Intellectual Property License Agreement with XCOM Labs, Inc. valued at 60,582,615 shares of its common stock, par value $0.0001 per share (effective 2023-08-29).
“On August 29, 2023 (the “Effective Date”), Globalstar, Inc. (the “Company” or “Globalstar”) entered into an Intellectual Property License Agreement (the “License Agreement”) between the Company and XCOM Labs, Inc. (“Licensor” or “XCOM”).”
Paul Jacobs was appointed as Director at Globalstar, Inc..
“On the Effective Date, the Company also announced that the Board of Directors has appointed Dr. Jacobs to serve as a director effective immediately.”
Paul Jacobs was appointed as Chief Executive Officer at Globalstar, Inc..
“On August 29, 2023, the Company announced the retirement and resignation of David Kagan and the appointment of Dr. Paul Jacobs as Chief Executive Officer effective immediately.”
David Kagan departed as other at Globalstar, Inc..
“On August 29, 2023, the Company announced the retirement and resignation of David Kagan and the appointment of Dr. Paul Jacobs as Chief Executive Officer effective immediately.”
Globalstar, Inc. reported second quarter of 2023 results: revenue $55.1 million, net income less than $0.1 million. Guidance raised.
“Total revenue increased $18.3 million, or 50%, to $55.1 million during the second quarter of 2023 compared to the second quarter of 2022”
Globalstar, Inc. shareholders approved Approval of Guaranty of obligations under Prepayment Agreements with affiliate of Thermo Companies at the 2023-06-27 meeting.
“Stockholders approved the Company’s entry into the Guaranty of certain of the Company’s obligations under its Prepayment Agreements with an affiliate of the Thermo Companies by the following votes:”
Globalstar, Inc. shareholders approved Frequency of future advisory votes on executive compensation at the 2023-06-27 meeting.
“Stockholders voted in favor of three years for the frequency of future advisory votes for the Company's executive compensation by the following votes: One Year Two Years Three Years Abstentions 176,675,894 2,306,249 1,205,157,407 47,659,923”
Globalstar, Inc. shareholders approved Advisory approval of named executive officer compensation at the 2023-06-27 meeting.
“Stockholders approved, on an advisory basis, the compensation of the Company's named executive officers by the following votes:”
Globalstar, Inc. shareholders approved Ratification of Ernst & Young LLP as independent registered accounting firm at the 2023-06-27 meeting.
“Stockholders ratified the appointment of Ernst & Young LLP as the Company’s independent registered accounting firm for the fiscal year ending December 31, 2023 by the following votes:”
Globalstar, Inc. shareholders approved Election of Class B Directors at the 2023-06-27 meeting.
“Stockholders elected each of the two nominees for Class B director to serve for a term to expire at the 2026 Annual Meeting of Stockholders by the following votes:”
Globalstar, Inc. reported first quarter 2023 results: revenue $58.6 million.
“Total revenue increased $25.9 million, or 79%, to $58.6 million during the first quarter of 2023”
Globalstar, Inc. entered into Guarantee and Collateral Agreement with the Company’s Partner (effective 2023-04-06).
“Collateral Agreement Following the release of the security interests under the 2019 Facility, the Company entered into a Guarantee and Collateral Agreement (the “Collateral Agreement”), dated April 6, 2023, by and among the Company, certain other grantors and guarantors from time to time party thereto, in favor of the Company’s Partner under its previously disclosed Partnership Agreements.”
Globalstar, Inc. entered into Indenture with Wilmington Trust, National Association valued at $200.0 million (effective 2023-03-31).
“The Notes were issued pursuant to an indenture, dated as of March 31, 2023 (the “Indenture”), among the Company, the Subsidiary Guarantors, as guarantors, and Wilmington Trust, National Association, as trustee.”
Globalstar, Inc. entered into Purchase Agreement with an affiliate of Värde Partners and the other purchasers party thereto valued at $200.0 million (effective 2023-03-28).
“On March 28, 2023, Globalstar, Inc. (the “Company”) entered into a Purchase Agreement (the “Purchase Agreement”) among the Company, as issuer, the subsidiary guarantors party thereto (each, a “Subsidiary Guarantor” and collectively, the “Subsidiary Guarantors”), an affiliate of Värde Partners and the other purchasers party thereto (collectively, the “Purchasers”) providing for the sale of $200.0 million aggregate principal amount of the Company’s non-convertible 13% Senior Notes due 2029 (the “Notes”).”
Globalstar, Inc. reported the year ended December 31, 2022 results: revenue $148.5 million.
“During the twelve months ended December 31, 2022, total revenue increased $24.2 million, or 19%, to $148.5 million from $124.3 million in 2021.”
Globalstar, Inc. reported the fourth quarter ended December 31, 2022 results: net income $5.3 million.
“Net loss was $5.3 million for the fourth quarter of 2022 compared to $24.0 million for the fourth quarter of 2021.”
Globalstar, Inc. amended Partnership Agreements with Partner valued at $252 million (effective 2023-02-27).
“On February 27, 2023, Globalstar, Inc. (the “Company”) and its partner (the “Partner”) agreed to amend its previously disclosed Partnership Agreements to provide for, among other things, the Partner’s prepayment of $252 million to the Company (the “Prepayment”).”
Globalstar, Inc. amended 2019 Facility Agreement with EchoStar Corporation (effective 2023-02-13).
“On February 13, 2023, Globalstar, Inc. (the “Company”) and its partner (the “Partner”) under its previously disclosed Partnership Agreements agreed to the following amendments: (i) extend the Company’s deadline to convert or refinance the remaining loans outstanding under the 2019 Facility Agreement (originally entered into with Thermo, an affiliate of EchoStar Corporation (“EchoStar”) and certain other unaffiliated lenders) until March 13, 2023”
Globalstar, Inc. entered into Second Forbearance Agreement with Macdonald Dettwiler and Associates Corporation and Rocket Lab USA, Inc. (effective 2023-01-31).
“On January 31, 2023, Globalstar, Inc. (the “Company”) entered into a Second Forbearance Agreement (the “Agreement”) with Macdonald Dettwiler and Associates Corporation (“Contractor”) and Rocket Lab USA, Inc. (“Subcontractor”).”
Globalstar, Inc. entered into Exchange Agreement with affiliates of Thermo Companies and certain other lenders valued at $149.4 million (effective 2022-11-15).
“the Company entered into an Exchange Agreement dated as of November 15, 2022 (the “Exchange Agreement”) with affiliates of Thermo Companies (collectively, "Thermo") and certain other lenders (collectively, the “Exchanging Lenders”) providing for the exchange of all the outstanding principal amount of, and accrued and unpaid interest on, the Exchanging Lenders’ loans under the 2019 Facility Agreement for its 7.0% Perpetual Preferred Stock, Series A”
Globalstar, Inc. reported financial results for the nine months ended September 30, 2022.
“Globalstar, Inc. (the "Company") issued a press release to report third quarter 2022 operating and financial results.”
Globalstar, Inc. reported financial results for the quarter ended September 30, 2022.
“Globalstar, Inc. (the "Company") issued a press release to report third quarter 2022 operating and financial results.”
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.