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