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What changed 10-Q
Item 5. Other Information
2022-11-03 compared with 2022-08-09 · 2 added, 1 removed, 21 unchanged (13% of the section changed)
Other Information.
+Added: As discussed above, on October 28, 2022, the Company entered into a Forbearance Agreement with MDA to amend the satellite procurement agreement to extend the payment deferral date and allow for other related changes in terms, including two $7.0 million payments (one of which was made on October 31, 2022 and the second is required to be made in November 2022) and interest that will accrue on the amount outstanding at an annual rate of 7%.
Number Description
15 unchanged sentences
GLOBALSTAR, INC.
−Removed: August 9, 2022 By:
+Added: November 3, 2022 By:
Chief Executive Officer (Principal Executive Officer)
2 unchanged sentences
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.