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AI brief of an SEC Form 8-K · EchoStar (ECHO)

EchoStar completes DISH Network merger; DISH shares exchanged at 0.350877 per share

Neutral Impact 5 of 5 m&a Written later

EchoStar completed its acquisition of DISH Network on December 31, 2023, with DISH Network surviving as a wholly owned subsidiary. Each DISH Class A, B and C share converted into 0.350877 EchoStar shares, and the filing describes related changes to DISH convertible notes, warrants and note hedges that now reference EchoStar stock.

Key points

  • Merger effective at 11:59 p.m. ET on December 31, 2023 (the Effective Time)
  • Exchange Ratio of 0.350877 EchoStar shares for each DISH share
  • Adjusted conversion rates: 4.2677 for the 0% notes due 2025, 8.5657 for the 2.375% notes due 2024, and 5.3835 for the 3.375% notes due 2026
  • Registration rights agreement with Charles and Cantey Ergen and related trusts, dated December 31, 2023

The filing

CompanyEchoStar (ECHO)
Form8-K, current report
Filed with the SECJan 2, 2024, 7:16 AM ET
Accession number0001104659-24-000089

Items reported: 1.01 Material Definitive Agreement2.01 Acquisition or Disposition Completed2.03 New Direct Financial Obligation3.02 Unregistered Equity Sale5.02 Director / Officer Change5.03 Bylaw / Charter Amendment7.01 Regulation FD Disclosure

Read the filing on SEC.gov ↗

Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:30 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on January 02, 2024.

Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.