Advanced Television

NYSE

Virgin Galactic in stock split

Virgin Galactic, already involved in a legal spat with Boeing over an alleged misappropriation and withholding of certain proprietary IP and trade secrets, has scheduled its June 12th Annual meeting to include a proposal to create a reverse stock split for the company. The intention is for Virgin Galactic to adjust the company’s shares in […]

April 24, 2024

Terran Orbital is again Compliant

Terran Orbital, which has a very healthy order book for smaller satellites (including 300 for Rivada Networks), is again “compliant” as far as the New York Stock Exchange (NYSE) is concerned. It means that its shares have been traded at above $1 per share since late-February. NYSE rules state that shares priced below $1 cannot […]

April 4, 2024

NYSE: “SatixFy non-compliant”

The New York Stock Exchange (NYSE) has said that Israel-based satellite operator SatixFy, as of November 30th, did not comply with the exchange’s rules. One of its key rules concerns a company’s overall valuation. Businesses registered on the exchange must have a minimum stockholders’ equity of $2,000,000 in 2 of its 3 most recent fiscal […]

December 5, 2023By Chris Forrester

Terran Orbital in trouble with NYSE

Terran Orbital, which is busy building 600 satellites for Rivada Networks amongst others, and is handling something of an investor revolt, is also facing a major challenge from the New York Stock Exchange (NYSE). Under NYSE rules any share that falls below $1 in value can be de-listed. On October 20th the Exchange formally warned […]

October 23, 2023By Chris Forrester

Intelsat calls EGM in Luxembourg for Feb 8

Intelsat has called an Extraordinary General Meeting (EGM) of shareholders in Luxembourg on February 8th which covers its Intelsat SA business. Intelsat says the EGM will: “Approve the sale and transfer of the entire issued share capital of Intelsat Holdings SA (‘Holdings’), being an indirect subsidiary of the Company, by Intelsat Investment Holdings Sàrl (‘Investment […]

February 1, 2022By Chris Forrester

fuboTV upsizes IPO

fuboTV, the US sports-first live TV streaming platform, has announced the upsize and pricing of an underwritten public offering. The size of the offering has been increased from the previously announced 15,000,000 shares to 18,300,000 shares of common stock at a price to the public of $10.00 per share. In connection with the offering, fuboTV’s […]

October 8, 2020

fuboTV launches public offering on NYSE

fuboTV, sports-focused live TV streaming platform, has announced the launch of its public offering of 15,000,000 shares of common stock. The offering consists of 15,000,000 shares of common stock offered by fuboTV. The underwriters will have a 30-day option to buy an additional 2,250,000 shares of common stock from fuboTV at the public offering price, […]

October 1, 2020