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Friday, February 7, 2025

Data Technical News #2025 - 2
Globalstar, Inc. to Begin Listing and Trading on Nasdaq on February 11, 2025

Markets Impacted:

Products Impacted:

  • All Nasdaq and UTP Data Feeds

Contact Information:

Resources:

What you need to know:

On February 11, 2025, Globalstar, Inc. (NYSE American: GSAT) is expected to be listed and begin trading on the Nasdaq Global Select Market after completing a 1:15 reverse stock split under the same ticker symbol GSAT.

Nasdaq requests that market data redistributors update their databases to reflect the new listing market for Globalstar, Inc. after market close on February 10, 2025, and maintain historical data after adjustment for the reverse split for GSAT prior to transfer date.

What are the issue details for the new Nasdaq listing?

The issue mapping for Globalstar, Inc. is as follows:

Issue Name Old CUSIP New CUSIP NYSE Ticker through 02/10/2025 Nasdaq Ticker as of 02/11/2025 Nasdaq Market Category Round Lot Size
Globalstar, Inc. 378973408 378973507 GSAT GSAT Nasdaq Global Select Market 100

What database changes do Nasdaq market data redistributors need to make to accommodate the new listing?

When the issue moves from NYSE to Nasdaq, firms will see a change in the consolidated data source for Globalstar, Inc. Please note that the consolidated market data for all Nasdaq-listed issues is disseminated via the UTP Quotation Data Feed (UQDF) and UTP Trade Data Feed (UTDF). Firms will begin to see quotation and trade data for Globalstar, Inc. on UQDF and UTDF beginning in the pre-market trading hours on February 11, 2025.

For firms that report end-usage numbers by the query, Nasdaq reminds them that the Level 1, Nasdaq Basic and Nasdaq Last Sale (NLS) counts should include quote and trade queries for Globalstar, Inc. (GSAT) beginning on February 11, 2025.

Contact Information

If you have questions about Globalstar, Inc., please contact:

If you would like to register as a market maker in GSAT please contact:


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