Shearman And Sterling

News December 12, 2017

Secondary Offering of Voting Common Stock by Globalstar

Shearman & Sterling advised Morgan Stanley & Co. LLC as the sole underwriter in connection with a secondary public offering of 38 million shares of voting common stock of Globalstar, Inc. by its shareholder FL Investment Holdings LLC, which is controlled by James Monroe III, the Chairman of the Board and Chief Executive Officer of Globalstar.

Globalstar provides mobile satellite services, including voice and data communications services globally via satellite.

The Team