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    SEC Form 3: New insider Gamco Investors, Inc. Et Al claimed ownership of 152,486 shares

    8/14/23 4:11:48 PM ET
    $TSAT
    Metal Fabrications
    Industrials
    Get the next $TSAT alert in real time by email
    SEC FORM 3 SEC Form 3
    FORM 3 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
    Washington, D.C. 20549

    INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

    Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
    or Section 30(h) of the Investment Company Act of 1940
    OMB APPROVAL
    OMB Number: 3235-0104
    Estimated average burden
    hours per response: 0.5
    1. Name and Address of Reporting Person*
    GAMCO INVESTORS, INC. ET AL

    (Last) (First) (Middle)
    ONE CORPORATE CENTER

    (Street)
    RYE NY 10580

    (City) (State) (Zip)
    2. Date of Event Requiring Statement (Month/Day/Year)
    08/04/2023
    3. Issuer Name and Ticker or Trading Symbol
    Telesat Corp [ TSAT ]
    4. Relationship of Reporting Person(s) to Issuer
    (Check all applicable)
    Director X 10% Owner
    Officer (give title below) Other (specify below)
    5. If Amendment, Date of Original Filed (Month/Day/Year)
    6. Individual or Joint/Group Filing (Check Applicable Line)
    Form filed by One Reporting Person
    X Form filed by More than One Reporting Person
    Table I - Non-Derivative Securities Beneficially Owned
    1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
    Common Shares 450 D(1)
    Common Shares 11,100 D(2)
    Common Shares 10,000 D(3)
    Common Shares 15,700 I By: Investment Partnership I(4)
    Common Shares 38,982 I By: Investment Partnership II(4)
    Common Shares 3,000 I By: Investment Partnership III(4)
    Common Shares 1,625 I By: Investment Partnership IV(4)
    Common Shares 24,760 I By: Investment Partnership V(4)
    Common Shares 7,269 I By: Investment Partnership VI(4)
    Common Shares 25,000 I By: Investment Partnership VII(4)
    Common Shares 12,000 I By: Investment Partnership VIII(4)
    Common Shares 2,600 I By: Investment Partnership IX(4)
    Table II - Derivative Securities Beneficially Owned
    (e.g., puts, calls, warrants, options, convertible securities)
    1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year) 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
    Date Exercisable Expiration Date Title Amount or Number of Shares
    1. Name and Address of Reporting Person*
    GAMCO INVESTORS, INC. ET AL

    (Last) (First) (Middle)
    ONE CORPORATE CENTER

    (Street)
    RYE NY 10580

    (City) (State) (Zip)
    1. Name and Address of Reporting Person*
    Associated Capital Group, Inc.

    (Last) (First) (Middle)
    191 MASON STREET

    (Street)
    GREENWICH CT 06830

    (City) (State) (Zip)
    1. Name and Address of Reporting Person*
    GGCP, INC.

    (Last) (First) (Middle)
    189 MASON STREET

    (Street)
    GREENWICH CT 06830

    (City) (State) (Zip)
    1. Name and Address of Reporting Person*
    GABELLI MARIO J

    (Last) (First) (Middle)
    191 MASON STREET

    (Street)
    GREENWICH CT 06830

    (City) (State) (Zip)
    Explanation of Responses:
    1. These shares are owned by GAMCO Investors, Inc.
    2. These shares are owned by Associated Capital Group, Inc.
    3. These shares are owned by GGCP, Inc.
    4. GAMCO Investors, Inc. and Associated Capital Group, Inc. have less than a 100% interest in this entity, GGCP, Inc. has less than a 100% interest in GAMCO Investors, Inc. and Associated Capital Group, Inc., and Mario J. Gabelli has less than a 100% interest in GGCP, Inc. The amount of securities reported as beneficially owned reflects the total amount of securities held by this entity which is greater that the Reporting Persons' indirect pecuniary interests. The Reporting Persons hereby disclaim ownership of these securities in excess of their pecuniary interests.
    /s/ Douglas R. Jamieson, Attorney-In-Fact for MARIO J. GABELLI, GGCP, INC., and ASSOCIATED CAPITAL GROUP , INC. 08/14/2023
    /s/ Peter D. Goldstein, General Counsel for GAMCO INVESTORS, INC. 08/14/2023
    ** Signature of Reporting Person Date
    Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
    * If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
    ** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
    Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
    Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
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