Amended Statement of Ownership (sc 13g/a)
14 Febbraio 2018 - 8:49PM
Edgar (US Regulatory)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
___________________
SCHEDULE 13G
Under the Securities Exchange Act of
1934
(
Amendment No. 1
)
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Globalstar, Inc.
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(Name of Issuer)
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Voting Common Stock, $0.0001 par value per share
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(Title of Class of Securities)
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378973408
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(CUSIP Number)
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December 31,
2017
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(Date of Event which Requires Filing of this Statement)
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Check the appropriate box to designate the rule pursuant to
which this Schedule is filed:
☐ Rule 13d-1(b)
☒ Rule 13d-1(c)
☐ Rule 13d-1(d)
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1.
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NAMES OF REPORTING PERSONS
Mudrick Capital Management, L.P.
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2.
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CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
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(a) ☐
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(b) ☒
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3.
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SEC USE ONLY
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4.
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CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
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NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
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5.
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SOLE VOTING POWER
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6.
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SHARED VOTING POWER
73,917,390
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7.
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SOLE DISPOSITIVE POWER
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8.
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SHARED DISPOSITIVE POWER
73,917,390
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9.
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AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
73,917,390
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10.
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CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES*
☐
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11.
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PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
5.90%
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12.
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TYPE OF REPORTING PERSON*
IA
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1.
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NAMES OF REPORTING PERSONS
Jason Mudrick
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2.
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CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
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(a) ☐
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(b) ☒
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3.
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SEC USE ONLY
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4.
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CITIZENSHIP OR PLACE OF ORGANIZATION
United States
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NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
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5.
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SOLE VOTING POWER
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6.
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SHARED VOTING POWER
73,917,390
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7.
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SOLE DISPOSITIVE POWER
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8.
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SHARED DISPOSITIVE POWER
73,917,390
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9.
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AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
73,917,390
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10.
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CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN SHARES*
☐
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11.
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PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
5.90%
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12.
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TYPE OF REPORTING PERSON*
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Item 4. Ownership.
Provide the following information regarding
the aggregate number and percentage of the class of securities of issuer identified in Item 1.
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(a)
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Amount beneficially owned:
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Please refer to Item 9 on each cover sheet for each reporting person.
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(b)
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Percent of class:
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Please refer to Item 11 on each cover sheet for each reporting person. The percentages herein are based on 1,259,238,687 shares of the Issuer’s voting common stock outstanding as of December 7, 2017, as reported in the Issuer’s Prospectus Supplement filed on Form 424B5 on December 11, 2017 with the Securities Exchange Commission.
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(c)
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Number of shares as to which such person has:
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(i)
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Sole power to vote or to direct the vote:
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Please refer to Item 5 on each cover sheet for each reporting person.
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(ii)
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Shared power to vote or to direct the vote:
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Please refer to Item 6 on each cover sheet for each reporting person.
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(iii)
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Sole power to dispose or to direct the disposition of:
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Please refer to Item 7 on each cover sheet for each reporting person.
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(iv)
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Shared power to dispose or to direct the disposition of:
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Please refer to Item 8 on each cover sheet for each reporting person.
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Item 10. Certifications.
By signing below I certify that, to the
best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with
the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection
with or as a participant in any transaction having that purpose or effect.
SIGNATURE
After reasonable inquiry and to the best
of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
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MUDRICK CAPITAL MANAGEMENT, L.P.
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2/14/2018
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(Date)
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/s/ John O’Callaghan
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(Signature)
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John O’Callaghan, General Counsel & Chief
Compliance Officer
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(Name/Title)
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JASON MUDRICK
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2/14/2018
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(Date)
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/s/ Jason
Mudrick
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(Signature)
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Exhibit A
JOINT FILING AGREEMENT
In accordance with Rule 13d-1(k) under
the Securities Exchange Act of 1934, as amended (the “
Exchange Act
”), each of the undersigned hereby agrees
that (i) a statement on Schedule 13G (including amendments thereto) with respect to Class A Common Shares, par value $0.01 per
share, of Globalstar, Inc., a Delaware corporation, filed herewith shall be filed on behalf of each of the undersigned, and (ii)
this Joint Filing Agreement shall be included as an exhibit to such joint filing, provided that, as provided by Section 13d-1(k)(ii)
of the Exchange Act, no person shall be responsible for the completeness and accuracy of the information concerning the other person
making the filing unless such person knows or has reason to believe such information is inaccurate.
This Joint Filing Agreement may be executed
in any number of counterparts all of which together shall constitute one and the same instrument.
[Signature Page
Follows]
IN WITNESS WHEREOF, the undersigned hereby
execute this Agreement as of this 14
th
day of February 2018.
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MUDRICK CAPITAL MANAGEMENT, L.P.
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/s/ John O’Callaghan
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(Signature)
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John O’Callaghan, General Counsel & Chief Compliance Officer
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(Name/Title)
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JASON MUDRICK
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/s/ Jason
Mudrick
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(Signature)
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Grafico Azioni Globalstar (AMEX:GSAT)
Storico
Da Mar 2024 a Apr 2024
Grafico Azioni Globalstar (AMEX:GSAT)
Storico
Da Apr 2023 a Apr 2024
