4 days ago · Globalstar to implement a 1-for-15 Reverse Stock Split effective February 11, 2025. COVINGTON, La.--(BUSINESS WIRE)--Feb. 7, 2025-- Globalstar, Inc. (NYSE American: GSAT) (“Globalstar” or the “Company”), a next-generation telecommunications infrastructure and technology provider, today announced that it intends to (i) implement the previously-disclosed reverse stock split and related ...

1 day ago · Under the reverse stock split that took effect after the markets closed Monday, 15 shares of Globalstar stock will be converted to one share. Shares of Globalstar closed at $1.56 Monday, up 5 cents.

14 hours ago · The reverse split was implemented in a 1-for-15 ratio. In its Investor Day held in late December, Globalstar reiterated its 2024 revenue guidance in the range of $245 million to $250 million and adjusted earnings before interest, …

Dec 20, 2024 · The reverse stock split will consolidate existing shares of Globalstar's common stock at a ratio between 1-for-10 and 1-for-25, to be determined by the company's CEO or CFO in...

4 days ago · Globalstar to implement a 1-for-15 Reverse Stock Split effective February 11, 2025. COVINGTON, La., February 07, 2025--(BUSINESS WIRE)--Globalstar, Inc. (NYSE American: GSAT) ("Globalstar" or the ...

Jan 21, 2025 · The Company believes that the voluntary delisting of its Common Stock from the NYSE American and transfer of its listing to Nasdaq, in combination with the Reverse Stock Split, could make...

Nov 18, 2024 · 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 …

5 days ago · Globalstar, Inc. (NYSE American: GSAT) will effect a one-for-fifteen (1-15) reverse split of its Common Stock. The reverse split will become effective on Tuesday, February 11, 2025. In conjunction with the reverse split, the CUSIP number will change to 378973507. The company will be transferring their listing to the Nasdaq Global Select Market ...

Investing.com - Globalstar Inc (NYSE:GSAT). plans to shift its stock listing to the Nasdaq Global Select Market in early 2025 and execute a reverse stock split to boost visibility and...

Jan 21, 2025 · The Company believes that the voluntary delisting of its Common Stock from the NYSE American and transfer of its listing to Nasdaq, in combination with the Reverse Stock Split, could make the Common Stock more attractive to a broader range of investors.