Who to call at DISH Network CORP, and when
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DISH Network CORP
A senior executive or director joined, left, or changed roles. An 8-K is the notice a US public company must file within four business days of a major event.
AI Executive Summary
AI-powered analysis of 8-K filing content
EchoStar amended its spectrum sale agreement with Space Exploration Technologies Corp., adding up to 15 MHz of AWS spectrum for $2.62 billion in SpaceX Class A stock and raising total consideration from $17 billion to $19.62 billion. The same day, Charles W. Ergen was named Chairman, President, and CEO of EchoStar, and Hamid Akhavan became CEO of the newly created EchoStar Capital division.
Key Takeaways
Total consideration for the spectrum transactions rises from $17 billion to $19,616,737,853, with up to $11,116,737,853 payable in SpaceX Class A Common Stock valued at $212 per share.
The additional $2,616,737,853 covers up to 15 MHz of AWS spectrum in the 1695-1710 MHz range for each relevant license area, transferred from EchoStar to the purchaser.
3 more takeaways
Related Filings (2)
2 more filings from DISH Network CORP in the last 90 days
Filing Overview
What This Means
DISH Network CORP filed with the SEC. Fundz turns 8-K material events into an alert with the right executive attached.
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