14.Subsequent Events

​

On August 8, 2023, DISH Network entered into an Agreement and Plan of Merger (the “Merger Agreement”) with EchoStar Corporation, a Nevada corporation (“EchoStar”), and Eagle Sub Corp, a Nevada corporation and a wholly owned subsidiary of DISH Network (“Merger Sub”).  Our Board of Directors (the “Board”), acting upon the unanimous recommendation of a special transaction committee of independent directors of the Board, has unanimously approved and declared advisable the Merger Agreement and the transactions contemplated by the Merger Agreement.

​

The Merger Agreement provides, among other things, that subject to the satisfaction or waiver of the conditions set forth therein, we will acquire EchoStar by means of a merger of Merger Sub with and into EchoStar (the “Merger”), with EchoStar surviving the Merger as our wholly owned subsidiary. For more information and a copy of the Merger Agreement see Form 8-K of DISH Network Corporation filed August 8, 2023.

​

​

​

​

​