Amazon entered into a definitive merger agreement to acquire Globalstar in an all-cash-or-stock transaction valued at approximately eleven point six billion dollars. While the corporate agreement has been formally announced and approved by necessary shareholder votes, the transaction remains subject to customary regulatory reviews, closing conditions, and deployment milestones, with final completion expected. Until all regulatory clearances are officially secured and the transaction officially closes, Globalstar continues to operate as a publicly traded entity on the exchange.