What is the primary purpose of this 8-K filing?

The primary purpose of this 8-K filing is to announce Globalstar's proposed offering of $60 million in voting common stock and to provide potential investors with updated business and risk factor information in connection with this offering.

What kind of securities is Globalstar offering?

Globalstar is offering its voting common stock.

Where can I find more detailed information about this offering and Globalstar's business?

Detailed information can be found in the prospectus and related prospectus supplement for the offered shares, which are part of the effective registration statement filed with the SEC. Investors should also review other documents filed by Globalstar with the SEC.

Is the information in this 8-K considered 'filed' by Globalstar?

No, the information furnished under Item 7.01 of this report is intended to be furnished and is not deemed 'filed' for purposes of Section 18 of the Securities Exchange Act of 1934, nor is it subject to the liabilities of that section unless expressly incorporated by reference into another SEC filing.

GSAT 8-K: Regulation FD

Summary

Globalstar, Inc. announced on December 18, 2018, a proposed offering of $60 million in voting common stock. This offering is intended to raise capital from investors for the company's operations and future initiatives. The filing provides updated risk factors, a summary of the business, and information concerning the company's terrestrial license plans, which are generally an update to previously disclosed information from their 2017 Form 10-K. Investors should note that this announcement is part of a registered offering, and a prospectus will be available for detailed review. The company is emphasizing that potential investors should consult the prospectus and related filings for comprehensive information before making any investment decisions. The information provided is furnished and not deemed filed for regulatory purposes.

Key Highlights

1Globalstar is proposing a $60 million offering of its voting common stock.
2The offering is being made pursuant to an effective registration statement.
3Updated risk factors, business summary, and terrestrial license plans are being provided to potential investors.
4These updates are generally consistent with information previously disclosed in the company's 2017 Form 10-K.
5Investors are strongly encouraged to review the prospectus and related SEC filings for complete details.
6The announcement includes a press release and an update on business/risk factors as exhibits.

Globalstar, Inc. 8-K Report, Regulation FD Disclosure (Dec 18, 2018)

Summary

Key Highlights

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