Globalstar Announces Engagement With Jason Bernstein to Provide Strategic Advice on Investor Relations and Outreach
Globalstar, Inc. (NYSE American: GSAT), a leading telecom
infrastructure provider, today announced that it has engaged Jason
Bernstein of Asterisk Capital to provide strategic advice on the
Company’s program for investor relations, which in part will
include Jason coordinating non-deal roadshow meetings in select
cities as discussed on Globalstar’s last earnings call.
“As many of you know, I have been very close to the Globalstar
story for over a decade as an outside analyst. Globalstar’s
transformation over the years has been beyond what many of us
expected and I look forward to assisting the Company in delivering
its story to the investment community.” Jason Bernstein said.
Rebecca Clary, Globalstar’s Chief Financial Officer, said “Jason
has been a great friend of Globalstar for many years and we are
very excited to move forward with him in this engagement. We are
confident that he can hit the ground running and keep the
investment community properly informed on the growing number of
opportunities in front of us.”
About Globalstar, Inc.
Globalstar empowers its customers to connect, transmit and
communicate in smarter ways – easily, quickly, securely, and
affordably – offering reliable satellite and terrestrial
connectivity services as an international telecom infrastructure
provider. The Company’s LEO satellite constellation assures secure
data transmission for connecting and protecting assets, delivering
key operational data, and saving lives – from any location – for
consumers, businesses, and government agencies across the globe.
Globalstar’s terrestrial spectrum, Band 53/n53, offers carriers,
cable companies, and system integrators a versatile, fully licensed
channel with a growing ecosystem to improve customer wireless
connectivity. In addition to SPOT GPS messengers, Globalstar offers
next-generation IoT hardware and software products for efficiently
tracking and monitoring assets, processing smart data at the edge,
and managing analytics with cloud-based telematics solutions to
drive safety, productivity, and profitability.
For more information, visit www.globalstar.com.
About Asterisk Capital LLC
Asterisk Capital LLC provides corporate advisory and investment
banking services. Securities and investment banking services
offered through Odeon Capital Group LLC, Member FINRA/SIPC. For
more information, visit www.asteriskcap.com.
Safe Harbor Language for Globalstar Releases
This press release contains certain statements that are
“forward-looking statements” within the meaning of the Private
Securities Litigation Reform Act of 1995. These forward-looking
statements are based on current expectations and assumptions that
are subject to risks and uncertainties which may cause actual
results to differ materially from the forward-looking statements.
Forward-looking statements, such as the statements regarding our
expectations with respect to the pursuit of terrestrial spectrum
authorities globally, the success of current and potential future
applications for our terrestrial spectrum, future increases in our
revenue and profitability, our ability to meet our obligations
under, and profit from, the Service Agreements, and other
statements contained in this release regarding matters that are not
historical facts, involve predictions. Any forward-looking
statements made in this press release are believed to be accurate
as of the date made and are not guarantees of future performance.
Actual results or developments may differ materially from the
expectations expressed or implied in the forward-looking
statements, and we undertake no obligation to update any such
statements. Additional information on factors that could influence
our financial results is included in our filings with the
Securities and Exchange Commission, including our Annual Report on
Form 10-K, Quarterly Reports on Form 10-Q and Current Reports on
version on businesswire.com: https://www.businesswire.com/news/home/20230515005081/en/
Investor Contact Information: Email:
Historical Stock Chart
From Nov 2023 to Dec 2023
Historical Stock Chart
From Dec 2022 to Dec 2023