On September 10, 2019, EchoStar Corporation (“EchoStar”) completed the spin-off and subsequent merger with DISH Network Corporation (“DISH”) of the portion of EchoStar’s business that managed, marketed and provided (i) broadcast satellite services primarily to DISH, Dish Mexico, S. de R.L. de C.V. and their respective subsidiaries and (ii) telemetry, tracking and control services to satellites owned by DISH and a portion of EchoStar’s other businesses, and certain related assets and business (collectively, the “Transaction”). The Transaction is described in detail in EchoStar’s Schedule 14C filed with the Securities & Exchange Commission on August 19, 2019.
The Transaction was structured in a manner intended to be tax-free to EchoStar and its stockholders. The Internal Revenue Service (“IRS”) requires issuers to report to stockholders and the IRS certain organizational actions that affect the tax basis of its securities. The form posted below is intended to meet these IRS reporting requirements.
The information included herein and any attachment set forth above is for informational purposes only, and it is not intended to be, and should not be construed to be, legal or tax advice. As such, EchoStar stockholders should consult their own tax advisors as to the specific tax consequences to them of the Transaction in light of their particular circumstances, including the applicability and effect of U.S. federal, state, local and foreign income and other tax laws, and the effect of possible changes in tax laws. To ensure compliance with requirements imposed by the IRS, we inform you that any information deemed to be U.S. federal tax advice contained in this communication is not intended or written to be used, and cannot be used, for the purpose of (i) avoiding penalties under the Internal Revenue Code or (ii) promoting, marketing or recommending to another party any transaction or matter addressed herein.
The company's symbol (ticker symbol) is SATS.
EchoStar Corporation stock is traded on the NASDAQ Global Market.
We do not provide hard copies of our 10Q or 10K filings. You can find electronic versions of our SEC filings on this web site through the SEC Filings link or through the SEC's EDGAR database at www.sec.gov.
Our company does not currently have a direct purchasing program. Interested investors can purchase shares in EchoStar through a stock brokerage firm or an online brokerage service.
The transfer agent for EchoStar is Computershare Trust Company, Inc. Computershare can be reached at 1 877-437-8901 and will answer questions from registered stockholders on stockholder address changes, stock transfers, and lost securities for common stock.
Po Box 43070
Providence, RI 02940-3070
1 877-437-8901, or by e-mail at email@example.com