**Tableof Contents**

** **

 

** **

**UNITED STATES**

**SECURITIES AND EXCHANGE COMMISSION**

**WASHINGTON, DC 20549**

** **

----

 

**FORM 10-Q/A**

** **

**(Amendment No. 1)**

** **
| **x** | ** ** | **QUARTERLY  REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES  EXCHANGE ACT OF 1934** |
|-------|------------|--------------------------------------------------------------------------------------------------------------|

 

**For thequarterly period ended June 30, 2008**

** **

**OR**

 
| **o** | ** ** | **TRANSITION  REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES  EXCHANGE ACT OF 1934** |
|-------|------------|---------------------------------------------------------------------------------------------------------------|

** **

**For the transition periodfrom          to          **

** **

**Commission File Number 001-33117**

** **

**GLOBALSTAR, INC.**

(Exactname of Registrant as specified in its charter)

 

| **Delaware**                    | ** ** | **41-2116508**      |
|---------------------------------|------------|---------------------|
| (State or other jurisdiction of |       | (I.R.S. Employer    |
| incorporation or organization)  |       | Identification No.) |

 

**461 South Milpitas Blvd.**

**Milpitas, California 95035**

(Addressof principal executive offices)

 

Registrant’stelephone number, including area code: **(408) 933-4000**

 

Indicate by check markwhether the registrant (1) has filed all reports required to be filed by Section 13or 15(d) of the Securities Exchange Act of 1934 during the preceding 12months (or for such shorter period that the registrant was required to filesuch reports), and (2) has been subject to such filing requirements forthe past 90 days. Yes   x        No  o

 

Indicate by check markwhether the registrant is a large accelerated filer, an accelerated filer, anon-accelerated filer or a smaller reporting company. See definition of “largeaccelerated filer,” “accelerated filer” and “smaller reporting company” in Rule 12b-2of the Exchange Act.

 

| Large accelerated  filer o |   | Accelerated  filer x |   | Non-accelerated  filer o  (Do not check if a  smaller reporting  company) |   | Smaller  reporting  company o |
|---------------------------------|--------|---------------------------|--------|--------------------------------------------------------------------------------|--------|------------------------------------|

 

Indicate by check markwhether the registrant is a shell company (as defined in Rule 12b-2 of theExchange Act). Yes   o        No   x

 

Indicate the number ofshares outstanding of each of the issuer’s classes of Common Stock, as of thelatest practicable date. As of August 4, 2008, there were outstanding113,351,878 shares of Common Stock, par value $0.0001 per share.

 

 

 

----

** **

**Table of Contents**

** **

**FORM 10-Q/A**

** **

**For the Fiscal Year Ended June 30,2008**

** **

**TABLE OF CONTENTS**

 
|              | ** **   | ** **                                  | **Page** |
|--------------|--------------|---------------------------------------------|----------|
| *** *** | *** *** | ***Explanatory  Note***                     | 2        |
| *** *** | *** *** | *** ***                                |     |
| *** *** | *** *** | ***PART IV***                          | 2        |
| Item 15.     |         | Exhibits and Financial  Statement Schedules | 2        |
| Signatures   |         |                                        | 4        |

 

i

----

Table of Contents

 

**EXPLANATORY NOTE**

 

ThisAmendment No. 1 on Form 10-Q/A (the “Amendment”) amends the QuarterlyReport on Form 10-Q of Globalstar, Inc. (the “Company”) for thequarterly period ended June 30, 2008, originally filed with the Securitiesand Exchange Commission (the “SEC”) on August 11, 2008 (the “OriginalFiling”). The Company is filing this Amendment to provide revisedcertifications pursuant to Rule 13a-14(a) that include revisions tothe introduction of paragraph 4 concerning internal control over financial reporting,which was inadvertently omitted from the Original Filing.

 

This Form 10-Q/Adoes not modify or update any other disclosures set forth in the OriginalFiling.

 

**PART IV**

** **

**Item 15.**                   Exhibitsand Financial Statements Schedules.

** **

(a)        Documents filedas part of this Amendment:

 

(3)            Exhibits

 

See exhibit list.

 

2

----

Tableof Contents

 

**EXHIBIT INDEX**

 
| **Exhibit   Number** | ** ** | **Description**                                                |
|----------------------|------------|----------------------------------------------------------------|
| ** **           | ** ** | ** **                                                     |
| 31.1                 |       | Section 302  Certification of the Chief Executive Officer |
|                 |       |                                                           |
| 31.2                 |       | Section 302  Certification of the Chief Financial Officer |

 

3

----

Table of Contents

 

**SIGNATURES**

** **

Pursuant to the requirements of Sections 13 or15(d) of the Securities Exchange Act of 1934, theRegistrant has duly caused this Amendment to be signed on its behalf by theundersigned, thereunto duly authorized.

 
|        |             | GLOBALSTAR,  INC. |
|--------|------------------|-------------------|
|   |             |              |
|   |             |              |   |
| Date:  | August  21, 2008 | By:               | /s/  JAMES MONROE III |
|   |             |              | James  Monroe III |
|   |             |              | Chairman  and Chief Executive Officer |

 

4

----