EchoStar Corp. Files 8-K: Material Agreement Details
Ticker: SATS · Form: 8-K · Filed: Sep 8, 2025 · CIK: 1415404
Sentiment: neutral
Topics: material-agreement, filing, financials
TL;DR
EchoStar signed a big deal, filing details today.
AI Summary
EchoStar Corp. entered into a material definitive agreement on September 7, 2025, related to its financial statements and exhibits. The filing also includes a Regulation FD Disclosure. Specific details of the agreement, including dollar amounts and parties involved, are not provided in this excerpt.
Why It Matters
This 8-K filing indicates a significant new agreement for EchoStar Corp., which could impact its financial standing and future operations.
Risk Assessment
Risk Level: medium — The filing indicates a material definitive agreement, suggesting potential financial or operational shifts for EchoStar Corp. that warrant attention.
Key Players & Entities
- EchoStar Corp. (company) — Filer of the 8-K
- Hughes Satellite Systems Corp (company) — Related entity
- DISH Network Corp (company) — Related entity
FAQ
What is the nature of the material definitive agreement entered into by EchoStar Corp. on September 7, 2025?
The provided excerpt does not specify the nature of the material definitive agreement, only that one was entered into on September 7, 2025.
Which specific items are included in the filing as exhibits?
The filing indicates that 'Financial Statements and Exhibits' are included, but the specific list of exhibits is not detailed in the provided text.
What is the SEC file number for EchoStar Corp.'s 8-K filing?
EchoStar Corp.'s SEC file number is 001-33807.
When was EchoStar Corp. incorporated, and what is its fiscal year end?
EchoStar Corp. was incorporated in Nevada (NV) and its fiscal year ends on December 31.
What is the business address and phone number for EchoStar Corp.?
The business address for EchoStar Corp. is 9601 SOUTH MERIDIAN BOULEVARD, ENGLEWOOD, CO 80112, and the business phone number is 303-723-1000.
Filing Stats: 2,084 words · 8 min read · ~7 pages · Grade level 13.9 · Accepted 2025-09-08 06:32:16
Key Financial Figures
- $0.001 — hich registered Class A common stock, $0.001 par value SATS The Nasdaq Stock Mar
- $17 billion — at the Spectrum Acquisition Closing is $17 billion (the "Total Consideration Amount"). A p
- $8.5 billion — rchaser to Seller as follows: (i) up to $8.5 billion will be paid in Purchaser's Class A Com
- $212 — haser's Class A Common Stock, valued at $212 per share (the "Equity Amount"); and (i
- $8.5 b — tal Payoff Consideration Amount exceeds $8.5 billion, Seller may elect to pay the exce
- $2 billion — mber 30, 2027, will equal approximately $2 billion. The License Purchase Agreement provi
Filing Documents
- tmb-20250907x8k.htm (8-K) — 101KB
- tmb-20250907xex99d1.htm (EX-99.1) — 11KB
- tmb-20250907xex99d2.htm (EX-99.2) — 22KB
- 0001415404-25-000041.txt ( ) — 329KB
- tmb-20250907.xsd (EX-101.SCH) — 5KB
- tmb-20250907_def.xml (EX-101.DEF) — 14KB
- tmb-20250907_lab.xml (EX-101.LAB) — 20KB
- tmb-20250907_pre.xml (EX-101.PRE) — 15KB
- tmb-20250907x8k_htm.xml (XML) — 19KB
01. Entry into a Material Definitive Agreement
Item 1.01. Entry into a Material Definitive Agreement . License Purchase Agreement On September 7, 2025, EchoStar Corporation, a Nevada corporation ("EchoStar" or "Seller"), Space Exploration Technologies Corp., a Texas corporation ("Purchaser"), and Spectrum Business Trust 2025-1, a Nevada Business Trust ("Trust"), entered into a License Purchase Agreement (the "License Purchase Agreement," and the transactions contemplated thereby, the "Transactions"). Pursuant to the terms and subject to the conditions set forth in the License Purchase Agreement, Seller has agreed to sell to Purchaser its rights and licenses related to an aggregate of 50 MHz of spectrum in frequency ranges 2000–2020, 2180–2200, 1915–1920 and 1995–2000 (the "Licenses" and such spectrum, "the Spectrum") granted by the United States Federal Communications Commission (the "FCC"), together with certain international authorizations, filings, concessions, licenses, rights and priorities related to that spectrum and certain assets associated therewith (collectively, the "Foreign Assets"). The transfer of the Licenses will occur in two steps: first, the Licenses will be transferred by Seller to Trust (the "Spectrum Transfer Closing"), and second, the Licenses will be transferred by Trust to Purchaser (the "Spectrum Acquisition Closing"). The Foreign Assets will be transferred directly to Purchaser at the Spectrum Acquisition Closing, to the extent the required regulatory approvals have been obtained by such date; provided, however, that the failure to obtain such approvals will not delay or prevent the Spectrum Acquisition Closing. The consideration for the Transactions payable at the Spectrum Acquisition Closing is $17 billion (the "Total Consideration Amount"). A portion of the Total Consideration Amount (such amount, the "Total Payoff Consideration Amount") will be used to (i) fully pay off all outstanding amounts owed on the 10.75% Senior Spectrum Secured New Notes due 2029 (the "10.75% Secured
01. Regulation FD Disclosure
Item 7.01. Regulation FD Disclosure On September 8, 2025, Seller issued a press release announcing the execution of the License Purchase Agreement. A copy of the press release is furnished herewith as Exhibit 99.1 and is incorporated in this Item 7.01 by reference.
01. Financial Statements and Exhibits
Item 9.01. Financial Statements and Exhibits. Exhibit No. Description Exhibit 99.1 Press Release of EchoStar Corporation, dated September 8, 2025. Exhibit 99.2 Amendments to Convertible Notes Indenture. Exhibit 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. ECHOSTAR CORPORATION DISH NETWORK CORPORATION HUGHES SATELLITE SYSTEMS CORPORATION DISH DBS CORPORATION Date: September 8, 2025 By: /s/ Dean A. Manson Dean A. Manson Chief Legal Officer and Secretary