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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, DC 20549

 


 

FORM 10-Q/A

 

(Amendment No. 1)

 

x                              QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

 

For the quarterly period ended March 31, 2008

 

OR

 

o                                 TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

 

For the transition period from          to          

 

Commission File Number 001-33117

 

GLOBALSTAR, INC.

(Exact name of Registrant as specified in its charter)

 

Delaware

 

41-2116508

(State or other jurisdiction of

 

(I.R.S. Employer

incorporation or organization)

 

Identification No.)

 

461 South Milpitas Blvd.

Milpitas, California 95035

(Address of principal executive offices)

 

Registrant’s telephone number, including area code: (408) 933-4000

 

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes   x        No  o

 

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer or a smaller reporting company. See definition of “large accelerated filer,” “accelerated filer” and “smaller reporting company” in Rule 12b-2 of the Exchange Act.

 

Large accelerated filer o

 

Accelerated filer x

 

Non-accelerated filer o

 

Smaller reporting

 

 

 

 

(Do not check if a
smaller reporting
company)

 

company o

 

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes   o        No   x

 

Indicate the number of shares outstanding of each of the issuer’s classes of Common Stock, as of the latest practicable date. As of May 6, 2008, there were 112,134,523 shares of $0.0001 par value Common Stock outstanding.

 

 

 



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FORM 10-Q/A

 

For the Fiscal Year Ended March 31, 2008

 

TABLE OF CONTENTS

 

 

 

 

Page

 

Explanatory Note

2

 

 

 

PART IV

2

Item 15.

Exhibits and Financial Statement Schedules

2

Signatures

4

 

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EXPLANATORY NOTE

 

This Amendment No. 1 on Form 10-Q/A (the “Amendment”) amends the Quarterly Report on Form 10-Q of Globalstar, Inc. (the “Company”) for the quarterly period ended March 31, 2008, originally filed with the Securities and Exchange Commission (the “SEC”) on May 12, 2008 (the “Original Filing”). The Company is filing this Amendment to provide revised certifications pursuant to Rule 13a-14(a) that include revisions to the introduction of paragraph 4 concerning internal control over financial reporting, which was inadvertently omitted from the Original Filing.

 

This Form 10-Q/A does not modify or update any other disclosures set forth in the Original Filing.

 

PART IV

 

Item 15.                   Exhibits and Financial Statements Schedules.

 

(a)

 

Documents filed as part of this Amendment:

 

(3)

Exhibits

 

 

 

 

 

See exhibit list.

 

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EXHIBIT INDEX

 

Exhibit
Number

 

Description

 

 

 

31.1

 

Section 302 Certification of the Chief Executive Officer

 

 

 

31.2

 

Section 302 Certification of the Chief Financial Officer

 

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SIGNATURES

 

Pursuant to the requirements of Sections 13 or 15(d) of the Securities Exchange Act of 1934, the Registrant has duly caused this Amendment to be signed on its behalf by the undersigned, thereunto duly authorized.

 

GLOBALSTAR, INC.

 

 

 

 

Date:

August 21, 2008

By:

/s/ JAMES MONROE III

 

 

James Monroe III

 

 

Chairman and Chief Executive Officer

 

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