Gilat Satellite Networks Ltd. has released its unaudited pro forma condensed combined financial statements, which reflect the company's financial position following its acquisition of Stellar Blu Solutions LLC $(SBS)$. The acquisition was completed on January 6, 2025, through Gilat's wholly owned subsidiary, Wavestream Corporation. The transaction involved a cash payment of $107.8 million at closing, with potential earnout payments of up to $147 million based on performance milestones. The pro forma statements provide insights into the combined financial condition of Gilat and SBS, although they may not predict future financial outcomes.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Gilat Satellite Networks Ltd. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001178913-25-003165), on August 28, 2025, and is solely responsible for the information contained therein.