DISH Network Convertible Notes Become Convertible Into Shares of EchoStar Corporation

ENGLEWOOD, Colo., Jan. 2, 2024 /PRNewswire/ — DISH Network Corporation (“DISH”) today announced that, in connection with the closing of the merger between DISH and EchoStar Corporation (“EchoStar”) on December 31, 2023, as a result of which DISH survived the merger as a wholly owned subsidiary of EchoStar, DISH’s 2.375% Convertible Notes due 2024 (the “2024 Notes”), 0% Convertible Notes due 2025 (the “2025 Notes”) and 3.375% Convertible Notes due 2026 (the “2026 Notes” and, together with the 2024 Notes and 2025 Notes, the “Notes”) have become convertible into shares of EchoStar Class A common stock, par value $0.001 per share (“EchoStar Common Stock”). The Notes were previously convertible into shares of DISH Class A common stock, par value $0.01 per share (“DISH Common Stock”). 

Read more at prnewswire.com