Iridium Communications Inc. Files 8-K

Ticker: IRDM · Form: 8-K · Filed: Dec 5, 2024 · CIK: 1418819

Sentiment: neutral

Topics: corporate-governance, filing-update

Related Tickers: IRDM

TL;DR

IRDM filed an 8-K on Dec 5th for corporate updates and financial disclosures.

AI Summary

Iridium Communications Inc. filed an 8-K on December 5, 2024, reporting amendments to its articles of incorporation or bylaws, a Regulation FD disclosure, and financial statements/exhibits. The company, formerly GHL Acquisition Corp., is incorporated in Delaware and headquartered in McLean, VA.

Why It Matters

This filing indicates routine corporate updates and disclosures for Iridium Communications Inc., providing transparency to investors regarding their governance and financial reporting.

Risk Assessment

Risk Level: low — The filing is a standard 8-K reporting routine corporate actions and disclosures, not indicating any immediate material risks.

Key Players & Entities

FAQ

What specific items are being reported in this 8-K filing?

This 8-K filing reports amendments to articles of incorporation or bylaws, Regulation FD disclosures, and financial statements and exhibits.

When was this 8-K report filed?

The report was filed on December 5, 2024.

What is the exact name of the registrant?

The exact name of the registrant is Iridium Communications Inc.

In which state was Iridium Communications Inc. incorporated?

Iridium Communications Inc. was incorporated in Delaware.

What was the former name of Iridium Communications Inc.?

The former name of Iridium Communications Inc. was GHL Acquisition Corp.

Filing Stats: 869 words · 3 min read · ~3 pages · Grade level 11.7 · Accepted 2024-12-05 16:47:12

Key Financial Figures

Filing Documents

03 Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year

Item 5.03 Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year. On December 5, 2024, the Board of Directors of Iridium Communications Inc. (the "Company"), upon recommendation of the Nominating and Corporate Governance Committee of the Board of Directors, approved the amendment and restatement of the Company's Bylaws (as so amended and restated, the "Bylaws") to, among other things, reflect statutory changes under Delaware law, clarify and simplify language in certain provisions, incorporate rule changes from the Securities and Exchange Commission, enhance the advance notice provisions, and reflect current practices among public companies. The amended provisions, among other things: Enhance the procedural and disclosure requirements for annual or special meetings of stockholders called by the Company, including without limitation, to: require additional information, disclosures, representations and certifications with respect to the proposing stockholder and the proposed nominees related to the stockholder's solicitation of proxies (Sections 2.2(d), 2.2(g), 2.3(c) and 2.5(b)); incorporate updates to align with the "universal proxy" rules as set forth in Rule 14a-19 under the Securities Exchange Act of 1934, as amended, including but not limited to a representation as to whether a stockholder intends to solicit proxies in support of director nominees and to provide evidence that such stockholder has complied with such requirements (Sections 2.2(d) and 2.2(g)); clarify that a stockholder cannot nominate a greater number of director nominees than the number of directors set to be elected at the applicable meeting (Sections 2.2(d) and 2.3(g)); and permit the Company to disregard director nominations or business proposals if a stockholder does not provide the required information or comply with applicable requirements (Section 2.2(g)); Clarify the ability of stockholders to participate in meetings by means of remote communication (Section 2.5(

01. Regulation FD Disclosure

Item 7.01. Regulation FD Disclosure. On December 5, 2024, the Company's Board of Directors declared a cash dividend on its common stock of $0.14 per share. The dividend is payable on December 31, 2024, to stockholders of record as of December 16, 2024.

01. Financial Statements and Exhibits

Item 9.01. Financial Statements and Exhibits. (d) Exhibits. Exhibit Number Description 3.1 Amended and Restated Bylaws 104 Cover Page Interactive Data File (embedded within the Inline XBRL document).* * Submitted electronically with this Report in accordance with the provisions of Regulation S-T SIGNATURE 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. IRIDIUM COMMUNICATIONS INC. Date: December 5, 2024 By: /s/ Kathleen A. Morgan Name: Kathleen A. Morgan Title: Chief Legal Officer

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