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Form SCHEDULE 13D/A Globalstar, Inc. Filed by: FL INVESTMENT HOLDINGS LLC

April 15, 2026 8:08 PM EDT





If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box.

The information required on the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).




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SCHEDULE 13D




Comment for Type of Reporting Person:
In reference to row 13, the percentage calculation is based on an aggregate of 128,591,126 Common Stock outstanding as of March 23, 2026, according to the definitive proxy statement on Form DEF 14A filed by the Issuer on April 2, 2026.


SCHEDULE 13D




Comment for Type of Reporting Person:
In reference to row 13, the percentage calculation is based on an aggregate of 128,591,126 Common Stock outstanding as of March 23, 2026, according to the definitive proxy statement on Form DEF 14A filed by the Issuer on April 2, 2026.


SCHEDULE 13D




Comment for Type of Reporting Person:
In reference to row 13, the percentage calculation is based on an aggregate of 128,591,126 Common Stock outstanding as of March 23, 2026, according to the definitive proxy statement on Form DEF 14A filed by the Issuer on April 2, 2026.


SCHEDULE 13D




Comment for Type of Reporting Person:
In reference to row 13, the percentage calculation is based on an aggregate of 128,591,126 Common Stock outstanding as of March 23, 2026, according to the definitive proxy statement on Form DEF 14A filed by the Issuer on April 2, 2026.


SCHEDULE 13D




Comment for Type of Reporting Person:
In reference to rows 8, 10 and 11, the number represents an aggregate of 74,058,249 shares of Company Common Stock, consisting of 58,833,076 held by Thermo Funding II, LLC, 13,142,665 held by Thermo Funding Company LLC, 947,273 held by Thermo Properties II, LLC, 790,097 held by Thermo XCOM LLC, 200,000 held by Monroe Irr. Education Trust, 45,880 held by James Monroe III in his individual capacity, 42,717 held by FL Investment Holdings LLC, 41,238 held by Globalstar Satellite L.P., 13,347 held by Thermo Investments Limited Partnership and 1,956 held by James Monroe III Grantor Trust. In reference to row 13, the percentage calculation is based on an aggregate of 128,591,126 Common Stock outstanding as of March 23, 2026, according to the definitive proxy statement on Form DEF 14A filed by the Issuer on April 2, 2026.


SCHEDULE 13D




Comment for Type of Reporting Person:
In reference to row 13, the percentage calculation is based on an aggregate of 128,591,126 Common Stock outstanding as of March 23, 2026, according to the definitive proxy statement on Form DEF 14A filed by the Issuer on April 2, 2026.


SCHEDULE 13D




Comment for Type of Reporting Person:
In reference to row 13, the percentage calculation is based on an aggregate of 128,591,126 Common Stock outstanding as of March 23, 2026, according to the definitive proxy statement on Form DEF 14A filed by the Issuer on April 2, 2026.


SCHEDULE 13D




Comment for Type of Reporting Person:
In reference to row 13, the percentage calculation is based on an aggregate of 128,591,126 Common Stock outstanding as of March 23, 2026, according to the definitive proxy statement on Form DEF 14A filed by the Issuer on April 2, 2026.


SCHEDULE 13D




Comment for Type of Reporting Person:
In reference to row 13, the percentage calculation is based on an aggregate of 128,591,126 Common Stock outstanding as of March 23, 2026, according to the definitive proxy statement on Form DEF 14A filed by the Issuer on April 2, 2026.


SCHEDULE 13D




Comment for Type of Reporting Person:
In reference to row 13, the percentage calculation is based on an aggregate of 128,591,126 Common Stock outstanding as of March 23, 2026, according to the definitive proxy statement on Form DEF 14A filed by the Issuer on April 2, 2026.


SCHEDULE 13D


 
FL Investment Holdings LLC
 
Signature:/s/ James Monroe III
Name/Title:James Monroe III, Manager
Date:04/15/2026
 
Thermo Funding II, LLC
 
Signature:/s/ James Monroe III
Name/Title:James Monroe III, Manager
Date:04/15/2026
 
Globalstar Satellite L.P.
 
Signature:/s/ James Monroe III
Name/Title:James Monroe III, President of Thermo Development Inc., as General Partner of Globalstar Satellite, L.P.
Date:04/15/2026
 
Monroe Irr. Educational Trust
 
Signature:/s/ Marie Shannon Monroe
Name/Title:Marie Shannon Monroe, Trustee
Date:04/15/2026
 
James Monroe III
 
Signature:/s/ James Monroe III
Name/Title:James Monroe III
Date:04/15/2026
 
Thermo Funding Company LLC
 
Signature:/s/ James Monroe III
Name/Title:James Monroe III, Manager
Date:04/15/2026
 
Thermo Properties II, LLC
 
Signature:/s/ James Monroe III
Name/Title:James Monroe III, Manager
Date:04/15/2026
 
Thermo XCOM LLC
 
Signature:/s/ James Monroe III
Name/Title:James Monroe III, President of Thermo Development Inc., as Manager of Thermo XCOM LLC
Date:04/15/2026
 
Thermo Investments Limited Partnership
 
Signature:/s/ James Monroe III
Name/Title:James Monroe III, President of Thermo Greeley I, Inc., as General Partner of Thermo Investments Limited Partnership
Date:04/15/2026
 
James Monroe III Grantor Trust
 
Signature:/s/ James Monroe III
Name/Title:James Monroe III, Trustee
Date:04/15/2026

ATTACHMENTS / EXHIBITS

EX-99.1 STOCKHOLDER SUPPORT AGREEMENT

EX-99.2 JOINT FILING AGREEMENT



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