0001354457-13-000036.txt : 20130219
0001354457-13-000036.hdr.sgml : 20130219
20130219101030
ACCESSION NUMBER: 0001354457-13-000036
CONFORMED SUBMISSION TYPE: 25-NSE
CONFIRMING COPY:
PUBLIC DOCUMENT COUNT: 2
FILED AS OF DATE: 20130219
DATE AS OF CHANGE: 20130219
SUBJECT COMPANY:
COMPANY DATA:
COMPANY CONFORMED NAME: Globalstar, Inc.
CENTRAL INDEX KEY: 0001366868
STANDARD INDUSTRIAL CLASSIFICATION: COMMUNICATION SERVICES, NEC [4899]
IRS NUMBER: 412116508
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: 25-NSE
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-33117
BUSINESS ADDRESS:
STREET 1: 300 HOLIDAY SQUARE BLVD.,
CITY: COVINGTON,
STATE: LA
ZIP: 70433
BUSINESS PHONE: 408-933-4000
MAIL ADDRESS:
STREET 1: 300 HOLIDAY SQUARE BLVD.,
CITY: COVINGTON,
STATE: LA
ZIP: 70433
FILED BY:
COMPANY DATA:
COMPANY CONFORMED NAME: NASDAQ Stock Market LLC
CENTRAL INDEX KEY: 0001354457
IRS NUMBER: 521165937
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: 25-NSE
BUSINESS ADDRESS:
STREET 1: 9600 BLACKWELL RD
CITY: ROCKVILLE
STATE: MD
ZIP: 20850
BUSINESS PHONE: 301-978-4144
MAIL ADDRESS:
STREET 1: 9600 BLACKWELL RD
CITY: ROCKVILLE
STATE: MD
ZIP: 20850
25-NSE
1
primary_doc.xml
X0203
0001354457
NASDAQ Stock Market LLC
0001366868
Globalstar, Inc.
001-33117
300 Holiday Square Blvd
Covington
LA
LOUISIANA
70433
985 335 1500
Common stock
17 CFR 240.12d2-2(b)
Amy Horton
Associate General Counsel
2013-02-19
EX-99.25
2
gsatdelistreason.txt
Delisting Determination,The Nasdaq Stock Market, LLC,
February 19, 2013, Globalstar, Inc. The Nasdaq Stock
Market, Inc. (the Exchange) has determined to remove
from listing the common stock of Globalstar, Inc.
(the Company), effective at the opening of the trading
session on March 1, 2013. Based on review of information
provided by the Company, Nasdaq Staff determined that the
Company no longer qualified for listing on the Exchange
pursuant to Listing Rule 5550(a)(2). The
Company was notified of the Staffs determination on
September 12, 2012. The Company appealed
the determination to a Hearing Panel.
Upon review of the information provided by the Company,
the Panel issued a decision dated October 16, 2012, granting
the Company continued listing pursuant to an exception
through December 31, 2012, by which date the Company was
required to regain compliance with Listing Rule 5550(a)(2).
However the Company did not regain compliance
by that date. On December 19, 2012,
the Panel issued a final delisting determination and
notified the Company that trading in the Companys
securities would be suspended on December 21, 2012.
The Company did not request a review of the Panels decision
by the Nasdaq Listing and Hearing Review Council. The
Listing Council did not call the matter for review.
The Panels Determination to delist the Company became
final on February 4, 2012.