EchoStar Corp. Files 8-K with Financials and Exhibits
Ticker: SATS · Form: 8-K · Filed: Sep 23, 2024 · CIK: 1415404
Sentiment: neutral
Topics: filing, financials, exhibits
TL;DR
EchoStar filed an 8-K on 9/23, check it for financials and other events.
AI Summary
EchoStar Corp. filed an 8-K on September 23, 2024, to report other events and file financial statements and exhibits. The filing includes information related to EchoStar Corp., DISH Network Corp., and DISH DBS Corp., all located at 9601 South Meridian Boulevard, Englewood, CO 80112.
Why It Matters
This 8-K filing provides an update on EchoStar Corp.'s corporate activities and financial reporting, which is important for investors and stakeholders to monitor the company's status.
Risk Assessment
Risk Level: low — This filing is a routine 8-K reporting financial statements and exhibits, not indicating any immediate material adverse events.
Key Players & Entities
- EchoStar Corp. (company) — Filer
- DISH Network Corp. (company) — Related Company
- DISH DBS Corp. (company) — Related Company
- 9601 SOUTH MERIDIAN BOULEVARD (location) — Business Address
- ENGLEWOOD, CO 80112 (location) — Business Address
FAQ
What is the primary purpose of this 8-K filing for EchoStar Corp.?
The primary purpose is to report 'Other Events' and to file 'Financial Statements and Exhibits'.
What other companies are listed in conjunction with EchoStar Corp. in this filing?
DISH Network Corp. and DISH DBS Corp. are also listed in the filing.
What is the business address for EchoStar Corp. and the related DISH entities?
The business address for all listed entities is 9601 South Meridian Boulevard, Englewood, CO 80112.
On what date was this 8-K filing submitted?
The filing was submitted on September 23, 2024.
What is the Standard Industrial Classification (SIC) code for EchoStar Corp.?
The SIC code for EchoStar Corp. is 4899, categorized as COMMUNICATION SERVICES, NEC.
Filing Stats: 860 words · 3 min read · ~3 pages · Grade level 12.6 · Accepted 2024-09-23 06:30:17
Key Financial Figures
- $0.001 — hich registered Class A common stock, $0.001 par value SATS The Nasdaq Stock Mar
Filing Documents
- tmb-20240923x8k.htm (8-K) — 72KB
- 0001558370-24-012940.txt ( ) — 246KB
- tmb-20240923.xsd (EX-101.SCH) — 4KB
- tmb-20240923_def.xml (EX-101.DEF) — 14KB
- tmb-20240923_lab.xml (EX-101.LAB) — 19KB
- tmb-20240923_pre.xml (EX-101.PRE) — 14KB
- tmb-20240923x8k_htm.xml (XML) — 14KB
01. Other
Item 8.01. Other. EchoStar Corporation (the "Company") engaged in negotiations with certain holders of various senior debt securities (the "DDBS Notes") issued by DISH DBS Corporation ("DDBS") that are members of an ad hoc group of holders of DDBS securities represented by Milbank LLP (the "Milbank AHG"). Such negotiations concerned a potential transaction involving (i) an exchange of certain DDBS Notes for new secured notes with an extended maturity date, at an exchange ratio reflecting discounts to the face amount of the DDBS Notes and premia to market prices for the DDBS Notes and (ii) certain holders of DDBS Notes, including members of the Milbank AHG, lending new money to the Company. Such negotiations concluded, and the Company and members of the Milbank AHG did not reach an agreement with respect to a transaction. The Company remains engaged with various other parties regarding possible financing transactions.
01. Financial Statements and Exhibits
Item 9.01. Financial Statements and Exhibits. Exhibit No. Description Exhibit 104 Cover Page Interactive Data File (embedded within the Inline XBRL document).
Forward-Looking Statements
Forward-Looking Statements This document contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, the accuracy of which are necessarily subject to risks, uncertainties, and assumptions as to future events that may not prove to be accurate. Such statements include, in particular, statements about potential financing transactions. These statements are neither promises nor guarantees but are subject to a variety of risks and uncertainties, many of which are beyond the Company's control, which could cause actual results to differ materially from those contemplated in these forward-looking statements. Existing and prospective investors are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. Factors that could cause actual results to differ materially from those expressed or implied include the factors discussed under the section entitled "Risk Factors" of the Company's Annual Report on Form 10-K for the fiscal year ended December 31, 2023, filed with the Securities and Exchange Commission (" SEC "), and under the section entitled "Risk Factors" of DISH's Annual Report on Form 10-K for the fiscal year ended December 31, 2023, filed with the SEC. The Company undertakes no obligation to update or supplement any forward-looking statement, whether as a result of new information, future developments or otherwise, except as required by law.
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. ECHOSTAR CORPORATION Date: September 23, 2024 By: /s/ Dean A. Manson Dean A. Manson Chief Legal Officer and Secretary