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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

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FORM 8-K

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CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): August 23, 2021

Loral Space & Communications Inc.

(Exact name of Registrant as Specified in Its Charter)

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Registrant’s Telephone Number, Including Area Code: (212) 697-1105

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Not Applicable

(Former Name or Former Address, if Changed Since Last Report)

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Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instructions A.2. below):

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Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).Emerging growth company ☐

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If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

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Securities registered pursuant to Section 12(b) of the Act:

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Item 5.07 Submission of Matters to a Vote of Security Holders.

On August 23, 2021, we reconvened a special meeting of stockholders (the “Special Meeting”) of Loral Space & Communications Inc. (“Loral”) to consider and vote on the proposals described in our proxy statement dated June 30, 2021 (the “Proxy Statement”). As detailed below, each such proposal was approved by Loral’s stockholders at the Special Meeting.

The Special Meeting was first convened on August 9, 2021 and adjourned until, and held on, August 23, 2021. As of the June 10, 2021 record date, 21,427,078 shares of Loral Voting Common Stock were outstanding, of which 12,860,971 were held by holders (the “Disinterested Stockholders”) who are unaffiliated with MHR Fund Management LLC, Telesat Corporation, PSP Investments, Merger Sub, Telesat, CanHoldco, Red Isle, Telesat Partnership or certain of their respective affiliates as provided in the Transaction Agreement (as each term is defined in the Proxy Statement). At the Special Meeting, the following proposals were acted upon and approved:

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Statutory Vote (as defined in the Proxy Statement)

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Disinterested Stockholder Vote (as defined in the Proxy Statement)

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Item 8.01 Other Events.

Under the terms of that certain rights agreement, dated as of November 23, 2020 (the “Rights Agreement”), between Loral and Computershare Trust Company, N.A., a federally chartered trust company, as Rights Agent, the Rights Agreement and all preferred share purchase rights issued thereunder (the “Rights”) expire upon the first to occur of: (a) approval of the Transaction by a majority of shares held by Disinterested Stockholders as contemplated by the Transaction Agreement, (b) termination of the Transaction Agreement in accordance with its terms and (c) November 22, 2021.

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As described in Item 5.07 above, the Disinterested Stockholder Vote to approve the Transaction has been obtained. Accordingly, the Rights Agreement and the Rights issued thereunder expired in accordance with their terms effective August 23, 2021.

In connection with the expiration of the Rights, Loral will be taking routine actions to terminate, delist and deregister the Rights under applicable law, including the Securities Exchange Act of 1934, as amended. Such actions are administrative in nature and will have no impact on Loral’s common stock, which continues to be listed on NASDAQ.

For a full description of the Rights Agreement and the Rights, see Loral’s Current Report on Form 8-K and registration statement on Form 8-A, in each case filed with the Securities and Exchange Commission on November 25, 2020.

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SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

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