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Globalstar | 4: Statement of changes in beneficial ownership of securities-Director Lynch James F

SEC announcement ·  Mar 11 09:31
Summary by Moomoo AI
James F. Lynch, associated with Globalstar, Inc. [GSAT], completed a significant acquisition of Globalstar's voting common stock over two days, starting on March 7, 2024, and concluding on March 8, 2024. Lynch executed open market purchases totaling 1,320,000 shares, with transaction prices ranging from $1.3087 to $1.3392 per share. Following these transactions, Lynch's indirectly held shares, through Thermo Investments II LLC, amounted to 10,360,720. The direct holdings remained at 833,668 shares. The total value of the acquired shares, based on the maximum transaction price, is approximately $1,767,744. This move could signal a strong vote of confidence in the company's future prospects.
James F. Lynch, associated with Globalstar, Inc. [GSAT], completed a significant acquisition of Globalstar's voting common stock over two days, starting on March 7, 2024, and concluding on March 8, 2024. Lynch executed open market purchases totaling 1,320,000 shares, with transaction prices ranging from $1.3087 to $1.3392 per share. Following these transactions, Lynch's indirectly held shares, through Thermo Investments II LLC, amounted to 10,360,720. The direct holdings remained at 833,668 shares. The total value of the acquired shares, based on the maximum transaction price, is approximately $1,767,744. This move could signal a strong vote of confidence in the company's future prospects.
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