Item 8.01 Other Events.
As previously announced, at a reconvened special meeting of stockholders of
Loral Space & Communications Inc. ("Loral") held on August 23, 2021, Loral's
stockholders approved each of the proposals described in Loral's proxy statement
dated June 30, 2021 (the "Proxy Statement"), including the proposal to consider
and vote on the adoption of the Transaction Agreement (as described in the Proxy
On or about September 8, 2021, Loral commenced the mailing of the Election Form
and Letter of Transmittal whereby Loral stockholders may elect to receive, in
exchange for their shares of Loral common stock, Common Shares and/or
Partnership Units of Telesat Corporation and Telesat Partnership LP,
respectively (such Election Form and Letter of Transmittal, the "Election Form",
and such election, the "Election"), subject to the consummation of the
transactions (the "Closing") contemplated by, and the terms and conditions
contained in, the Transaction Agreement. The Election Form is attached hereto as
Exhibit 99.1 and incorporated herein by reference.
As described in the Election Form and the Proxy Statement, Loral stockholders
who hold their shares of Loral common stock in certificated form or whose shares
of Loral common stock are registered in their name should follow the
instructions set forth in the Election Form and deliver the properly completed
Election Form and duly executed transmittal materials included with the Election
Form to Computershare Investor Services Inc. via one of the delivery methods set
forth in the Election Form.
Loral stockholders who hold their shares of Loral common stock through a broker,
investment dealer, bank, trust company or other nominee must make an Election by
following the election instructions in the Election Form that such stockholders
receive from their broker, investment dealer, bank, trust company or other
nominee. Such Loral stockholders should contact their broker, investment dealer,
bank, trust company or other nominee with any questions.
Each Election, along with duly executed and completed transmittal materials,
must be received by Computershare Investor Services Inc. by 5:00 p.m., eastern
time, on the date that is three business days prior to the date of the Closing,
which date will be publicly announced by Loral at least five business days prior
to the anticipated date of the Closing (including any extension or delay
thereof), subject to the terms of the Transaction Agreement.
Item 9.01 Financial Statements and Exhibits.
99.1 Election Form and Letter of Transmittal
104 Cover Page Interactive Data File (embedded within the Inline XBRL document)
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