4 days ago · Globalstar to implement a 1-for-15 Reverse Stock Split effective February 11, 2025. COVINGTON, La.--(BUSINESS WIRE)--Feb. 7, 2025-- Globalstar, Inc. (NYSE American: GSAT) (“Globalstar” or the “Company”), a next-generation telecommunications infrastructure and technology provider, today announced that it intends to (i) implement the previously-disclosed …

4 days ago · Globalstar to implement a 1-for-15 Reverse Stock Split effective February 11, 2025. COVINGTON, La., February 07, 2025--(BUSINESS WIRE)--Globalstar, Inc. (NYSE American: GSAT) ("Globalstar" or the ...

Nov 18, 2024 · In connection with this planned uplisting, the Company also announced that its Board of Directors has authorized a reverse stock split of its common stock, which is also expected to take place in the first quarter of 2025 at a ratio to be determined closer to …

Dec 20, 2024 · The reverse stock split will consolidate existing shares of Globalstar's common stock at a ratio between 1-for-10 and 1-for-25, to be determined by the company's CEO or CFO in...

5 days ago · Globalstar, Inc. (NYSE American: GSAT) will effect a one-for-fifteen (1-15) reverse split of its Common Stock. The reverse split will become effective on Tuesday, February 11, 2025. In conjunction with the reverse split, the CUSIP number will change to 378973507. The company will be transferring their listing to the Nasdaq Global Select Market ...

Investing.com - Globalstar Inc (NYSE:GSAT). plans to shift its stock listing to the Nasdaq Global Select Market in early 2025 and execute a reverse stock split to boost visibility and...

5 days ago · As a result of the implementation of the reverse stock split, every 15 shares of issued and outstanding Common Stock will be automatically combined at the Effective Time into one issued and ...

Jan 21, 2025 · The Company believes that the voluntary delisting of its Common Stock from the NYSE American and transfer of its listing to Nasdaq, in combination with the Reverse Stock Split, could make the Common Stock more attractive to a broader range of investors.

4 days ago · Globalstar's strategic move to the Nasdaq Global Select Market, coupled with a 1-for-15 reverse stock split, signals a significant transformation in the company's market positioning. The Nasdaq Global Select Market, representing the highest tier of Nasdaq's three market tiers, imposes stricter listing requirements and typically attracts more ...

Jan 21, 2025 · The Company believes that the voluntary delisting of its Common Stock from the NYSE American and transfer of its listing to Nasdaq, in combination with the Reverse Stock Split, could make...