Globalstar Files 8-K on Financial Condition; GSAT Trades on NYSE
Ticker: GSAT · Form: 8-K · Filed: Feb 28, 2024 · CIK: 1366868
Sentiment: neutral
Topics: financial-condition, corporate-filing, stock-listing
Related Tickers: GSAT
TL;DR
**Globalstar just dropped an 8-K on its financials, confirming GSAT is still trading on the NYSE.**
AI Summary
Globalstar, Inc. filed an 8-K on February 28, 2024, reporting on its results of operations and financial condition. The filing indicates that the company's common stock, with a par value of $0.0001 per share, is traded on the NYSE under the symbol GSAT. This report was filed in accordance with Section 13 or 15(d) of the Securities Exchange Act of 1934.
Why It Matters
This filing provides an update on Globalstar's operational and financial status, offering transparency to investors and the market regarding its performance and stock listing.
Risk Assessment
Risk Level: low — This 8-K is a routine disclosure of financial condition and operations, not indicating any immediate new risks.
Key Numbers
- $0.0001 — Par Value per Share (Common Stock par value)
Key Players & Entities
- Globalstar, Inc. (company) — Registrant
- NYSE (company) — Exchange where stock is registered
- $0.0001 (dollar_amount) — Par value per share of Common Stock
- February 28, 2024 (date) — Date of earliest event reported and filing date
- GSAT (company) — Trading symbol for Common Stock
FAQ
What is the filing date of this 8-K for Globalstar, Inc.?
The filing date of this 8-K for Globalstar, Inc. is February 28, 2024.
What is the trading symbol for Globalstar, Inc.'s Common Stock?
The trading symbol for Globalstar, Inc.'s Common Stock is GSAT.
On which exchange is Globalstar, Inc.'s Common Stock registered?
Globalstar, Inc.'s Common Stock is registered on the NYSE.
What is the par value per share of Globalstar, Inc.'s Common Stock?
The par value per share of Globalstar, Inc.'s Common Stock is $0.0001.
What items are reported in this 8-K filing?
This 8-K filing reports on 'Results of Operations and Financial Condition' and 'Financial Statements and Exhibits'.
Filing Stats: 516 words · 2 min read · ~2 pages · Grade level 10.6 · Accepted 2024-02-28 08:15:47
Key Financial Figures
- $0.0001 — ich registered Common Stock, par value $0.0001 per share GSAT NYSE American Check th
Filing Documents
- gsat-20240228.htm (8-K) — 25KB
- gsat20231231-ex991.htm (EX-99.1) — 250KB
- globalstarlogo912022.jpg (GRAPHIC) — 7KB
- 0001366868-24-000024.txt ( ) — 430KB
- gsat-20240228.xsd (EX-101.SCH) — 2KB
- gsat-20240228_lab.xml (EX-101.LAB) — 23KB
- gsat-20240228_pre.xml (EX-101.PRE) — 12KB
- gsat-20240228_htm.xml (XML) — 3KB
02 Results of Operations and Financial Condition
Item 2.02 Results of Operations and Financial Condition. On February 28, 2024, Globalstar, Inc. (the "Company") issued a press release announcing the Company's financial and operating results for the three and twelve months ended December 31, 2023. A copy of the press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K and incorporated herein by reference. The information in this Current Report, including Exhibit 99.1, is furnished pursuant to the rules and regulations of the Securities and Exchange Commission and shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934 (the "Exchange Act") or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933 or the Exchange Act, except as expressly set forth by specific reference in such a filing.
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. (d) Exhibits. 99.1 Press release dated February 2 8 , 2024 104 Cover Page Interactive Data File (embedded within the Inline XBRL document)
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. GLOBALSTAR, INC. /s/ Dr. Paul E. Jacobs Dr. Paul E. Jacobs Chief Executive Officer Date: February 28, 2024