EchoStar Corp. Files 8-K for Material Agreement

TL;DR

EchoStar signs a big deal for its satellite unit, 8-K filed.

AI Summary

On September 7, 2025, EchoStar Corp. entered into a material definitive agreement related to its Hughes Satellite Systems Corp. subsidiary. The filing also includes information on Regulation FD disclosures and financial statements/exhibits.

Why It Matters

This filing indicates a significant new agreement for EchoStar's satellite division, which could impact its future operations and financial performance.

Risk Assessment

Risk Level: medium — Material definitive agreements can introduce new risks or opportunities that are not yet fully understood.

Key Players & Entities

• EchoStar Corp. (company) — Filer
• Hughes Satellite Systems Corp. (company) — Subsidiary involved in material agreement
• DISH Network Corp. (company) — Related company
• September 7, 2025 (date) — Date of material definitive agreement

FAQ

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

View Full Filing

View this 8-K filing on SEC EDGAR