Amazon to acquire Globalstar for $81.91/share in cash and stock via two-step merger

Filed August 18, 2026 · ~2 min read

Key Changes

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  Amazon will acquire Globalstar through a two-step merger under an agreement dated April 13, 2026. Globalstar stockholders may elect cash ($90/share) or Amazon stock (0.3210 exchange ratio), subject to proration with a 40% cash cap. The blended consideration is $81.91/share, a 97.2% premium to the $41.54 unaffected price on October 29, 2025.

  The Offering verify on EDGAR →
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  If Globalstar misses operational milestones for its C-3 satellite system before closing, it must pay an unnamed Customer up to approximately $97 million, reducing the merger consideration for all stockholders on a per-share basis. The initial satellite launch has been delayed from May 2026 to Q3 2026, increasing milestone risk.

  Risk Factors verify on EDGAR →
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  Globalstar notes it has identified material weaknesses in internal control over financial reporting in the past and may do so again in the design or operation of its internal controls over financial reporting that could adversely affect its ability to record, process, summarize and report financial information.

  Business view on EDGAR →