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Globalstar Annual Report (Amendment), Year Ended Dec 31, 2007

Filing Date
Filed March 17, 2008
Period End
December 31, 2007
Security
GSAT
In the record · 2016–202610-K1310-Q328-K105

GSAT filed 13 annual reports (10-K), 32 quarterly reports (10-Q) and 105 current reports (8-K) between 2016 and 2026.

  1. Leadership change8-K · Nov ’17Nov ’17
  2. Auditor change8-K · Mar ’20Mar ’20
  3. Material agreement8-K · Feb ’23Feb ’23
  4. FY2024 annual report10-K · Feb ’25Feb ’25

01—Abstract

Summary

Summary of the 10-K/A filed March 17, 2008. Cited figures are marked; the original filing is the authoritative source.

Globalstar, Inc.'s amended 2007 10-K filing primarily serves to correct procedural aspects related to internal control over financial reporting certifications, as originally omitted.

This amendment does not alter the core financial or operational disclosures of the original filing from March 17, 2008. Investors should refer to the original 10-K for substantive business and financial information pertaining to the fiscal year ending December 31, 2007. The company is identified as an accelerated filer, indicating it meets certain thresholds for reporting and filing frequency.

The aggregate market value of its common stock held by non-affiliates was approximately $274.0 milliona as of June 30, 2007. The number of outstanding shares was 83,688,090 as of March 4, 2008. Globalstar is not considered a well-known seasoned issuer or a shell company.

02—Key points

Key Highlights

  1. This is an amended filing (10-K/A) to correct specific certifications regarding internal control over financial reporting.
  2. No other disclosures from the original March 17, 2008, 10-K filing are modified or updated by this amendment.
  3. Globalstar, Inc. is classified as an accelerated filer.
  4. The aggregate market value of common stock held by non-affiliates was approximately $274.0 million as of June 30, 2007.
  5. As of March 4, 2008, there were 83,688,090 shares of common stock outstanding.
  6. The company is incorporated in Delaware and headquartered in Milpitas, California.
  7. Globalstar's common stock is listed on The NASDAQ Global Select Stock Market.

03—Questions

Frequently Asked Questions

  1. What is the primary purpose of this amended 10-K filing?

    The primary purpose of this amended 10-K filing (Amendment No. 1) is to provide revised certifications pursuant to Rule 13a-14(a). These revisions specifically address paragraph 4 concerning the design of the Company's internal control over financial reporting, which was inadvertently omitted from the original filing.

  2. Does this amendment change the financial performance or business operations of Globalstar for 2007?

    No, this amendment does not modify or update any other disclosures from the original 10-K filing dated March 17, 2008. Investors should refer to the original filing for detailed financial performance and business operations information for the fiscal year ended December 31, 2007.

  3. What is Globalstar's filing status as an SEC registrant?

    Globalstar, Inc. is classified as an accelerated filer. This means it has met certain filing and reporting requirements and is subject to specific rules regarding its filings with the SEC.

  4. What was the approximate market value of Globalstar's common stock held by non-affiliates at the end of the second quarter of 2007?

    The aggregate market value of Globalstar, Inc.'s common stock held by non-affiliates was approximately $274.0 million as of June 30, 2007.

04—Continue

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