Summary
Globalstar, Inc. (GSAT) filed an 8-K on February 24, 2022, to report its fourth quarter and full-year 2021 financial results. The core of the filing is a press release providing this information, which is furnished as an exhibit. Investors should note that this information is furnished and not deemed "filed" with the SEC, meaning it doesn't carry the same legal implications under Section 18 of the Exchange Act. The actual financial and operating details are contained within the press release (Exhibit 99.1), which is not directly reproduced in the 8-K itself but is referenced for full disclosure.
Key Highlights
- 1The 8-K filing primarily serves to furnish Globalstar's Q4 and full-year 2021 earnings press release.
- 2Investors must refer to Exhibit 99.1, the press release dated February 24, 2022, for detailed financial and operational results.
- 3The information is furnished under SEC rules and is not considered 'filed' for the purposes of Section 18 of the Securities Exchange Act of 1934.
- 4This filing does not incorporate by reference any information from Globalstar's website.
- 5The specific financial metrics (revenue, net income/loss, etc.) for Q4 and FY2021 are detailed within the referenced press release.
Frequently Asked Questions
The main purpose of this 8-K filing is to officially report Globalstar's fourth quarter and full year 2021 operating and financial results through an attached press release (Exhibit 99.1).
The detailed financial and operational results are contained within the press release dated February 24, 2022, which is furnished as Exhibit 99.1 to this 8-K filing. You will need to access that exhibit for the specific numbers.
No, the information provided in this Current Report on Form 8-K and its exhibits is furnished, not filed. This means it does not carry the same liability under Section 18 of the Securities Exchange Act of 1934, although it is still important information for investors.
No, the filing explicitly states that documents available on, and the contents of, Globalstar's website are not incorporated by reference into this Report.