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GSAT Globalstar Inc

1.2096
0.0096 (0.80%)
After Hours
Last Updated: 22:26:13
Delayed by 15 minutes
Share Name Share Symbol Market Type
Globalstar Inc AMEX:GSAT AMEX Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.0096 0.80% 1.2096 1.21 1.19 1.20 2,232,128 22:26:13

Current Report Filing (8-k)

24/01/2017 11:14am

Edgar (US Regulatory)



UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act 1934

Date of Report (Date of earliest event reported): January 23, 2017 (January 19, 2017)

GLOBALSTAR, INC.
(Exact name of registrant as specified in its charter)

Delaware
001-33117
41-2116508
(State or Other Jurisdiction of Incorporation
(Commission File Number)
(IRS Employer Identification No.)
 
 
 

300 Holiday Square Blvd., Covington, Louisiana
70433
(Address of Principal Executive Offices)
(Zip Code)
Registrant’s telephone number, including area code: (985) 335-1500
N/A
(Former Name or Former Address, if Changed Since Last Report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 
£
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 
£
Soliciting material pursuant Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
 
£
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d.2(b))
 
£
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))














Item 5.02
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements with Certain Officers.
 
 
On January 19, 2017, David Kagan, President and Chief Operating Officer of Globalstar, Inc., notified the company that he would leave his position in March 2017. After his departure, Mr. Kagan will assume an advisory role with the company.

                


Item 9.01
Financial Statements and Exhibits
 
 
(d)
Exhibits
99.1
Press Release dated January 23, 2017


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/ James Monroe III
 
James Monroe III
 
Chairman and Chief Executive Officer
Date: January 23, 2017

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