Globalstar Files 8-K on Security Holder Vote Matters
Ticker: GSAT · Form: 8-K · Filed: May 21, 2024 · CIK: 1366868
Sentiment: neutral
Topics: corporate-governance, shareholder-vote
Related Tickers: GSAT
TL;DR
GSAT filed an 8-K for a shareholder vote - details TBD.
AI Summary
Globalstar, Inc. filed an 8-K on May 21, 2024, to report on the submission of matters to a vote of security holders. The filing does not contain specific details about the matters voted upon or the outcome of any vote.
Why It Matters
This filing indicates that Globalstar held or is holding a vote of its security holders, which could pertain to significant corporate actions or governance changes.
Risk Assessment
Risk Level: low — The filing is procedural and does not disclose new financial information or significant operational changes.
Key Players & Entities
- Globalstar, Inc. (company) — Registrant
- May 21, 2024 (date) — Filing Date
FAQ
What specific matters were submitted to a vote of Globalstar's security holders?
The filing does not specify the exact matters submitted for a vote.
When did the vote of security holders take place or is it scheduled to take place?
The filing indicates the report date as May 21, 2024, suggesting the vote-related event occurred on or around this date, but a specific date for the vote itself is not provided.
What is the purpose of this 8-K filing for Globalstar?
The purpose is to report on the submission of matters to a vote of security holders, as required by SEC regulations.
Does this filing provide any financial results or operational updates for Globalstar?
No, this 8-K filing is specifically for reporting on matters submitted to a vote of security holders and does not include financial results or operational updates.
Where is Globalstar, Inc. headquartered?
Globalstar, Inc.'s principal executive offices are located at 1351 Holiday Square Blvd., Covington, LA 70433.
Filing Stats: 500 words · 2 min read · ~2 pages · Grade level 11.3 · Accepted 2024-05-21 16:34:17
Key Financial Figures
- $0.0001 — ich registered Common Stock, par value $0.0001 per share GSAT NYSE American Indicate
Filing Documents
- gsat-20240521.htm (8-K) — 30KB
- 0001366868-24-000084.txt ( ) — 150KB
- gsat-20240521.xsd (EX-101.SCH) — 2KB
- gsat-20240521_lab.xml (EX-101.LAB) — 21KB
- gsat-20240521_pre.xml (EX-101.PRE) — 12KB
- gsat-20240521_htm.xml (XML) — 3KB
07 Submission of Matters to a Vote of Security Holders
Item 5.07 Submission of Matters to a Vote of Security Holders Globalstar, Inc. (the "Company") held its Annual Meeting of Stockholders on May 21, 2024, at which 1,660,096,945 shares were represented in person or by proxy, constituting a quorum under the Company's Bylaws. The Company submitted two matters to the vote of stockholders. A summary of the matters voted upon by stockholders is set forth below. 1. Stockholders elected both of the two nominees for Class C director to serve for a term to expire at the 2027 Annual Meeting of Stockholders by the following votes: Name Votes For Votes Against Abstentions Broker Non-Votes William A. Hasler 1,382,953,761 23,246,367 2,199,297 251,697,520 James Monroe III 1,215,035,834 192,638,404 725,187 251,697,520 2. Stockholders ratified the appointment of Ernst & Young LLP as the Company's independent registered accounting firm for the fiscal year ending December 31, 2024 by the following votes: Votes For Votes Against Abstentions Broker Non-Votes 1,652,239,805 6,875,271 981,869 —
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/ Rebecca S. Clary Rebecca S. Clary Vice President and Chief Financial Officer Date: May 21, 2024