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-0.000165727543917781 0.00541376643464812 0.0192243950944648 0.00535852392000886 -0.0166832394210584 -0.030493868080875 -0.027179317202519 -0.0470666224726549
Stock impact report

Globalstar Announces Plans to Transfer Its Stock Listing to Uplist on Nasdaq [Yahoo! Finance]

Globalstar, Inc. (GSAT) 
Last globalstar, inc. earnings: 2/27 07:30 am Check Earnings Report
US:NASDAQ Investor Relations: globalstar.com/investors
Company Research Source: Yahoo! Finance
COVINGTON, La., November 18, 2024 BUSINESS WIRE )--Globalstar, Inc. (NYSE American: GSAT) ("Globalstar" or the "Company"), a next-generation telecommunications infrastructure and technology provider, today announced its intent to transfer its common stock listing to the Nasdaq Global Select Market (the "Nasdaq") in the first quarter of 2025. In connection with this planned uplisting, the Company also announced that its Board of Directors has authorized a reverse stock split of its common stock, which is also expected to take place in the first quarter of 2025 at a ratio to be determined closer to the effective date. The reverse stock split is intended to align trading fundamentals with peers, improve liquidity and attract greater investment participation from a more diverse and larger set of institutional investors. Globalstar has submitted its application to list on the Nasdaq Global Select Market and the Company is working with Nasdaq to complete the transfer in connection with t Show less Read more
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