Beryl Capital Management Amends EchoStar Stake Disclosure

TL;DR

**Beryl Capital Management just updated their EchoStar stock ownership, signaling a potential shift in institutional interest.**

AI Summary

Beryl Capital Management LLC, a Delaware-based investment firm, filed an amended SC 13G/A on February 8, 2024, disclosing its ownership of EchoStar Corporation's Class A Common Stock as of December 31, 2023. This filing indicates that Beryl Capital Management LLC is a significant shareholder, and the amendment suggests a change in their previously reported holdings or status. This matters to investors because large institutional holdings can influence stock stability and signal confidence (or lack thereof) in the company's future.

Why It Matters

Large institutional ownership can provide stability to a stock and signal confidence in the company's prospects, while changes in these holdings can influence market perception and trading activity.

Risk Assessment

Risk Level: low — This filing is a routine disclosure of institutional ownership and does not inherently indicate a high level of risk.

Analyst Insight

Investors should monitor subsequent filings from Beryl Capital Management LLC to understand the magnitude of any changes in their EchoStar holdings, as significant increases or decreases could signal a shift in institutional sentiment.

Key Players & Entities

• Beryl Capital Management LLC (company) — the reporting person and institutional investor
• EchoStar Corporation (company) — the issuer whose stock is being reported
• Delaware (company) — state of incorporation for Beryl Capital Management LLC
• December 31, 2023 (date) — the date of the event requiring the filing
• February 8, 2024 (date) — the filing date of the SC 13G/A

FAQ

Key Financial Figures

• $0.001 — ssuer) Class A Common Stock, par value $0.001 per share (Title of Class of Securiti

Filing Documents

• sats13ga.htm (SC 13G/A) — 64KB
• 0000935836-24-000115.txt ( ) — 66KB

Ownership

Item 4. Ownership. See Items 5-9 and 11 of the cover page for each Filer.

Ownership of Five Percent or Less of a Class

Item 5. Ownership of Five Percent or Less of a Class If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following [ X ].

Ownership of More than Five Percent on Behalf of Another Person

Item 6. Ownership of More than Five Percent on Behalf of Another Person. Not applicable. Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company. Not applicable.

Identification and Classification of Members of the Group

Item 8. Identification and Classification of Members of the Group. Beryl is the investment adviser to the Funds and other accounts. Beryl is the general partner of Beryl GP, which is the general partner of one or more of the Funds. Mr. Witkin is the control person of Beryl.

Notice of Dissolution of Group

Item 9. Notice of Dissolution of Group Not applicable.

Material to Be Filed as Exhibits

Item 10. Material to Be Filed as Exhibits Exhibit AJoint Filing Agreement.

Certification of Beryl, Beryl GP and Mr. Witkin

Item 11. Certification of Beryl, Beryl GP and Mr. Witkin. By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11. Certification of the Partnership. By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11. 7 CUSIP No. 278768106 SIGNATURE After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. Dated:February 8, 2024 BERYL CAPITAL MANAGEMENT LLC BERYL CAPITAL MANAGEMENT LP By: Beryl Capital Management LLC General Partner By: /s/ Andrew Nelson Andrew Nelson By: /s/ Andrew Nelson Chief Operating Officer and CFO Andrew Nelson Chief Operating Officer and CFO BERYL CAPITAL PARTNERS II LP By:Beryl Capital Management LP /s/ David A. Witkin General Partner David A. Witkin By:Beryl Capital Management LLC General Partner By: /s/ Andrew Nelson Andrew Nelson Chief Operating Officer 8 CUSIP No. 278768106 EXHIBIT A AGREEMENT REGARDING JOINT FILING OF STATEMENT ON SCHEDULE 13D OR 13G The undersigned agree to file jointly with the Securities and Exchange Com

View Full Filing

View this SC 13G/A filing on SEC EDGAR