Summary by Moomoo AI
Globalstar, Inc., a satellite communications company incorporated in Delaware, has filed a registration statement on Form S-8 with the United States Securities and Exchange Commission (SEC) on April 10, 2024. This filing pertains to the registration of an additional 37,623,894 shares of Common Stock that may be issued under the Third Amended and Restated Globalstar, Inc. 2006 Equity Incentive Plan. The plan is designed to provide equity incentives to employees and has been amended several times with previous registrations of shares. The company's Chief Financial Officer, Rebecca S. Clary, and other executives have signed the registration statement, indicating their authorization and belief that the company meets all requirements for the filing.