Globalstar, Inc. · NASDAQ:GSAT
Globalstar — Merger or Acquisition (April 2026)
6 slides from Globalstar's merger presentation, Apr 14, 2026
Slide 1: Globalstar Enters Into Definitive Agreement to be Acquired by Amazon
Globalstar Enters Into Definitive Agreement to be Acquired by Amazon Accelerating a New Era of Global Direct-to-Device Connectivity Transaction Announcement | April 14, 2026
Slide 2: Key Transaction Terms
2 Key Transaction Terms Key Transaction Terms Stockholders are entitled to elect to receive, for each Globalstar share, either $90.00 in cash or 0.3210 shares of Amazon stock (in each case subject to adjustment) The stock consideration is subject to adjustment if the 20-day VWAP of Amazon stock as o
Slide 3: Combining Global Spectrum Assets with Amazon Leo's Vision and Capabilities
3 Combining Global Spectrum Assets with Amazon Leo’s Vision and Capabilities Globalstar’s globally harmonized spectrum portfolio — L/S-band, Band 53/n53, and C-band optionality — when combined with Amazon Leo’s capabilities, will enable higher-capacity, more spectrum-efficient direct-to-device servi
Slide 4: Transaction Timeline
4 Transaction Timeline Currently expected to close in 2027, subject to the satisfaction of customary closing conditions, including regulatory approvals Receipt of stockholder approval (satisfied via delivery of the written consent) Receipt of required regulatory approvals, including antitrust, forei
Slide 5: Additional Information & Contacts
5 Additional Information & Contacts SEC Filings Globalstar: Information statement (on Schedule 14C) Amazon: Registration statement on Form S-4 Available at sec.gov and each company’s IR website when filed Globalstar Advisors Financial advisor: BDT & MSD Partners Legal counsel: Skadden, Arps, Slate,
Slide 6: Forward-Looking Statements
Forward-Looking Statements 6 Cautionary Statement Regarding Forward-Looking Statements This communication includes certain “forward-looking statements” within the meaning of the federal securities laws, including, but not limited to, those statements related to the proposed transactions, including f