GLOBALSTAR, INC. (NYSEMKT:GSAT) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
Item 5.02
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Departure of Directors or Certain Officers; Election of
Directors; Appointment of Certain Officers; Compensatory Arrangements with Certain Officers. |
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Officer of Globalstar, Inc., notified the company that he would
leave his position in March 2017. After his departure, Mr. Kagan
will assume an advisory role with the company.
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Item 9.01
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Financial Statements and Exhibits
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(d)
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Exhibits
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99.1
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Press Release dated January 23, 2017
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About GLOBALSTAR, INC. (NYSEMKT:GSAT)
Globalstar, Inc. provides mobile satellite services, including voice and data communications services globally through satellite. The Company provides wireless communications services in areas not served or underserved by terrestrial wireless and wireline networks and in circumstances where terrestrial networks are not operational due to natural or man-made disasters. It provides various communications services through satellite, which include two-way voice communication and data transmissions (Duplex) using mobile or fixed devices, and one-way data transmissions (Simplex) using a mobile or fixed device that transmits its location and other information to a central monitoring station, which includes certain SPOT and Simplex products. It offers voice and data communication services over its network of in-orbit satellites and its active ground stations (gateways). It also offers hardware and software designs to develop specific applications operating over its network. GLOBALSTAR, INC. (NYSEMKT:GSAT) Recent Trading Information
GLOBALSTAR, INC. (NYSEMKT:GSAT) closed its last trading session 00.00 at 1.49 with 14,381,574 shares trading hands.