• Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
Quantisnow Logo
  • Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
Dashboard
    Quantisnow Logo

    © 2025 quantisnow.com
    Democratizing insights since 2022

    Services
    Live news feedsRSS FeedsAlerts
    Company
    AboutQuantisnow PlusContactJobs
    Legal
    Terms of usePrivacy policyCookie policy

    SEC Form DEFA14A filed by Comtech Telecommunications Corp.

    9/23/24 9:06:03 AM ET
    $CMTL
    Radio And Television Broadcasting And Communications Equipment
    Technology
    Get the next $CMTL alert in real time by email
    DEFA14A 1 tm2424525d1_defa14a.htm DEFA14A

     

     

     

    UNITED STATES
    SECURITIES AND EXCHANGE COMMISSION

    Washington, D.C. 20549

     

    SCHEDULE 14A

    Proxy Statement Pursuant to Section 14(a) of the Securities

    Exchange Act of 1934 (Amendment No.     )

     

    Filed by the Registrant  x
     
    Filed by a Party other than the Registrant  ¨
     
    Check the appropriate box:
    ¨ Preliminary Proxy Statement
    ¨ Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2))
    ¨ Definitive Proxy Statement
    ¨ Definitive Additional Materials
    x Soliciting Material under §240.14a-12
     
    COMTECH TELECOMMUNICATIONS CORP.
    (Name of Registrant as Specified In Its Charter)
     
     
    (Name of Person(s) Filing Proxy Statement, if other than the Registrant)
     
    Payment of Filing Fee (Check the appropriate box):
    x No fee required.
    ¨ Fee paid previously with preliminary materials.
    ¨Fee computed on table in exhibit required by Item 25(b) per Exchange Act Rules 14a6(i)(1) and 0-11.

     

     

     

     

     

     

    On September 23, 2024, Comtech Telecommunications Corp. issued a press release, a copy of which can be found below.

     

     

     

     

    Comtech Comments on Director Nominations

     

    CHANDLER, Ariz. – Sept. 23, 2024 – Comtech (NASDAQ: CMTL) (the “Company”), a global technology leader, today noted the director nominations submitted by Michael Porcelain, Fred Kornberg and their affiliates to stand for election to the Comtech Board of Directors at the Company’s Fiscal 2024 Annual Meeting of Stockholders.

     

    Comtech stockholders are not required to take any action at this time.

     

    About Comtech

     

    Comtech Telecommunications Corp. is a leading global technology company providing terrestrial and wireless network solutions, next-generation 9-1-1 emergency services, satellite and space communications technologies, and cloud native capabilities to commercial and government customers around the world. Our unique culture of innovation and employee empowerment unleashes a relentless passion for customer success. With multiple facilities located in technology corridors throughout the United States and around the world, Comtech leverages our global presence, technology leadership, and decades of experience to create the world’s most innovative communications solutions. For more information, please visit www.comtech.com.

     

    Important Additional Information and Where to Find It

     

    The Company intends to file a proxy statement on Schedule 14A, an accompanying white proxy card, and other documents with the Securities and Exchange Commission (the “SEC”) in connection with its solicitation of proxies from the Company’s stockholders for the Company’s Fiscal 2024 Annual Meeting of Stockholders. THE COMPANY’S STOCKHOLDERS ARE STRONGLY ENCOURAGED TO READ THE COMPANY’S DEFINITIVE PROXY STATEMENT (INCLUDING ANY AMENDMENTS OR SUPPLEMENTS THERETO), THE ACCOMPANYING WHITE PROXY CARD, AND ALL OTHER DOCUMENTS FILED OR TO BE FILED WITH THE SEC CAREFULLY AND IN THEIR ENTIRETY BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION. Investors and stockholders may obtain a copy of the definitive proxy statement, an accompanying white proxy card, any amendments or supplements to the definitive proxy statement and other documents filed by the Company with the SEC at no charge at the SEC’s website at www.sec.gov. Copies will also be available at no charge by clicking the “Governance” link in the “Investors” section of the Company’s website, https://comtech.com/investors/, or by contacting [email protected] as soon as reasonably practicable after such materials are electronically filed with, or furnished to, the SEC.

     

    Participants in the Solicitation

     

    The Company, its directors, certain of its officers, and other employees may be deemed to be “participants” (as defined in Section 14(a) of the Securities Exchange Act of 1934, as amended) in the solicitation of proxies from the Company’s stockholders in connection with matters to be considered at the Company’s Fiscal 2024 Annual Meeting of Stockholders.

     

    Information about the names of the Company’s directors and officers, their respective interests in the Company by security holdings or otherwise, and their respective compensation is set forth in the sections entitled “Stockholders, Directors and Executive Officers,” “Director Compensation,” and “Executive Compensation” of the Company’s Proxy Statement on Schedule 14A in connection with the Fiscal 2023 Annual Meeting of Stockholders, filed with the SEC on November 16, 2023 (available here) and the Company’s Annual Report on Form 10-K, filed with the SEC on October 12, 2023 (available here). To the extent the security holdings of directors and executive officers have changed since the amounts described in these filings, such changes are set forth on Initial Statements of Beneficial Ownership on Form 3 or Statements of Change in Ownership on Form 4 filed with the SEC, which can be found at no charge at the SEC’s website at www.sec.gov. Updated information regarding the identity of potential participants and their direct or indirect interests, by security holdings or otherwise, in the Company will be set forth in the Company’s Proxy Statement on Schedule 14A for the Fiscal 2024 Annual Meeting of Stockholders and other relevant documents to be filed with the SEC, if and when they become available. These documents will be available free of charge as described above.

     

     

     

     

    Investor Relations

    Maria Ceriello

    631-962-7102

    [email protected]

     

    Media Contact

    Jamie Clegg

    480-532-2523

    [email protected]

     

     

    Get the next $CMTL alert in real time by email

    Chat with this insight

    Save time and jump to the most important pieces.

    Recent Analyst Ratings for
    $CMTL

    DatePrice TargetRatingAnalyst
    6/25/2024$3.50Underperform → Hold
    Jefferies
    12/15/2023$18.25Buy
    B. Riley Securities
    12/8/2023$10.00 → $7.50Hold → Underperform
    Jefferies
    6/15/2022$32.00 → $10.00Buy → Hold
    Jefferies
    6/13/2022$12.00Market Perform → Outperform
    Noble Capital Markets
    12/13/2021$24.00 → $27.00Neutral
    Citigroup
    10/5/2021$26.00 → $24.00Neutral
    Citigroup
    10/5/2021Outperform → Market Perform
    Noble Capital Markets
    More analyst ratings

    $CMTL
    Leadership Updates

    Live Leadership Updates

    See more
    • Comtech Appoints David B. Kagan to its Board of Directors

      February 18, 2025-- Comtech Telecommunications Corp. (NASDAQ:CMTL) ("Comtech" or the "Company"), a global communications technology leader, today announced that the Comtech Board of Directors (the "Board") has appointed David (Dave) B. Kagan as an independent director to the Board, effective February 13, 2025. Mr. Kagan has deep experience leading satellite communications companies over the course of his career, which spans more than 35 years. Most recently, he served as CEO of Globalstar, where he drove significant top and bottom line improvements. He also expanded Globalstar's services beyond the legacy of one-way messaging and GPS to focus on satellite IoT and was a key contributor in s

      2/18/25 4:30:00 PM ET
      $CMTL
      $GSAT
      $KVHI
      Radio And Television Broadcasting And Communications Equipment
      Technology
      Telecommunications Equipment
      Consumer Discretionary
    • Comtech Appoints Daniel Gizinski as New President of Satellite & Space Communications Segment

      November 19, 2024-- Comtech Telecommunications Corp. (NASDAQ:CMTL) ("Comtech" or the "Company"), a global technology leader, announced today the appointment of Daniel Gizinski as President of the Company's Satellite & Space Communications ("S&S") segment. With extensive industry leadership experience and a collaborative, hands-on approach to solving customer challenges, Gizinski will play a central role in advancing Comtech's S&S strategy, including its expanding portfolio of next-generation satellite solutions and vision as a pure-play satellite and space communications company. Gizinski brings over 15 years of experience in satellite communications engineering, operations, product strat

      11/19/24 9:00:00 AM ET
      $CMTL
      Radio And Television Broadcasting And Communications Equipment
      Technology
    • Comtech Announces Amicable Resolution With the Porcelain/Kornberg/Timoshenko Group

      Names Michael Hildebrandt as New Independent Director Will Appoint an Additional Mutually Agreed Independent Director Comtech Telecommunications Corp. (NASDAQ:CMTL) (the "Company"), a global technology leader, today announced that its Board of Directors entered into a cooperation agreement with Michael Porcelain, Fred Kornberg, and Oleg Timoshenko (the "Investor Group"). Pursuant to the agreement: Comtech has appointed Michael Hildebrandt, Senior Investment Professional at Freshford Capital Management, to the Board, effective immediately; The Board will appoint an additional new independent director mutually acceptable to both Comtech and the Investor Group (the "Additional Direct

      11/18/24 8:00:00 AM ET
      $CMTL
      Radio And Television Broadcasting And Communications Equipment
      Technology

    $CMTL
    Financials

    Live finance-specific insights

    See more
    • Comtech Announces Financial Results for Second Quarter of Fiscal 2025

      March 12, 2025-- Comtech Telecommunications Corp. (NASDAQ:CMTL) ("Comtech" or the "Company"), a global communications technology leader, today reported financial results for its second quarter ended January 31, 2025. "When I became Comtech's President and CEO on January 13, we announced both unsatisfactory financial results for the first quarter ended October 31, 2024 as well as a comprehensive transformation plan to address longstanding issues and better position the Company going forward. I am pleased to report that we are making strong progress in the execution of that transformation plan which has started to position the Company in a positive trajectory for a successful future," stated

      3/12/25 4:20:00 PM ET
      $CMTL
      Radio And Television Broadcasting And Communications Equipment
      Technology
    • Comtech to Report Second Quarter Fiscal 2025 Results on March 12, 2025

      March, 11 2025-- Comtech Telecommunications Corp. (NASDAQ:CMTL) ("Comtech" or the "Company"), a global communications technology leader, today announced that it plans to release its second quarter fiscal 2025 results after the market closes on Wednesday, March 12, 2025. Following the release of the second quarter fiscal 2025 financial results, Comtech's leadership team invites shareholders, potential shareholders, and other interested parties to join a conference call at 5:00 p.m. ET on Wednesday, March 12, to discuss the Company's results, operations, and business trends. A real-time webcast of the call will be available to the public at the investor relations section of the Comtech web

      3/11/25 9:00:00 AM ET
      $CMTL
      Radio And Television Broadcasting And Communications Equipment
      Technology
    • Comtech Announces Improved Capital Structure

      New Capital Infusion of $40 Million Immediate Reduction in Senior Debt, Waiver of Financial Covenants and Enhanced Financial Flexibility March 3, 2025-- Comtech Telecommunications Corp. (NASDAQ:CMTL) ("Comtech" or the "Company"), a global communications technology leader, today announced an amendment to its senior secured credit agreement that cures the covenant breaches as of January 31, 2025, that the Company had disclosed it anticipated in its earnings release, 10Q and conference call on January 13, 2025. The agreement also provides for improved financial flexibility with the suspension of the fixed charge coverage ratio and the net leverage ratio covenants in the senior secured cred

      3/3/25 4:30:00 PM ET
      $CMTL
      Radio And Television Broadcasting And Communications Equipment
      Technology

    $CMTL
    Press Releases

    Fastest customizable press release news feed in the world

    See more
    • Comtech Completes Initial VSAT Deliveries for Strategically Significant Navy Partner in APAC Region

      April 9, 2025-- Comtech Telecommunications Corp. (NASDAQ:CMTL) ("Comtech" or the "Company"), a global communications technology leader, announced today that Comtech Satellite Networks Technologies Corp., located in Montreal, Canada, recently completed initial deliveries of the Company's next generation Very Small Aperture Terminal ("VSAT") systems to a strategically significant allied Navy partner in the Asia Pacific ("APAC") region. The initial deliveries of Comtech's VSAT systems mark an important milestone for a comprehensive Navy fleet modernization program. To support the program, Comtech's next generation VSAT systems are being installed on a wide range of Naval platforms including s

      4/9/25 9:04:00 AM ET
      $CMTL
      Radio And Television Broadcasting And Communications Equipment
      Technology
    • Comtech Announces Financial Results for Second Quarter of Fiscal 2025

      March 12, 2025-- Comtech Telecommunications Corp. (NASDAQ:CMTL) ("Comtech" or the "Company"), a global communications technology leader, today reported financial results for its second quarter ended January 31, 2025. "When I became Comtech's President and CEO on January 13, we announced both unsatisfactory financial results for the first quarter ended October 31, 2024 as well as a comprehensive transformation plan to address longstanding issues and better position the Company going forward. I am pleased to report that we are making strong progress in the execution of that transformation plan which has started to position the Company in a positive trajectory for a successful future," stated

      3/12/25 4:20:00 PM ET
      $CMTL
      Radio And Television Broadcasting And Communications Equipment
      Technology
    • Comtech to Report Second Quarter Fiscal 2025 Results on March 12, 2025

      March, 11 2025-- Comtech Telecommunications Corp. (NASDAQ:CMTL) ("Comtech" or the "Company"), a global communications technology leader, today announced that it plans to release its second quarter fiscal 2025 results after the market closes on Wednesday, March 12, 2025. Following the release of the second quarter fiscal 2025 financial results, Comtech's leadership team invites shareholders, potential shareholders, and other interested parties to join a conference call at 5:00 p.m. ET on Wednesday, March 12, to discuss the Company's results, operations, and business trends. A real-time webcast of the call will be available to the public at the investor relations section of the Comtech web

      3/11/25 9:00:00 AM ET
      $CMTL
      Radio And Television Broadcasting And Communications Equipment
      Technology

    $CMTL
    Large Ownership Changes

    This live feed shows all institutional transactions in real time.

    See more
    • Amendment: SEC Form SC 13D/A filed by Comtech Telecommunications Corp.

      SC 13D/A - COMTECH TELECOMMUNICATIONS CORP /DE/ (0000023197) (Subject)

      11/18/24 5:30:12 PM ET
      $CMTL
      Radio And Television Broadcasting And Communications Equipment
      Technology
    • SEC Form SC 13G filed by Comtech Telecommunications Corp.

      SC 13G - COMTECH TELECOMMUNICATIONS CORP /DE/ (0000023197) (Subject)

      11/13/24 6:46:39 PM ET
      $CMTL
      Radio And Television Broadcasting And Communications Equipment
      Technology
    • SEC Form SC 13G filed by Comtech Telecommunications Corp.

      SC 13G - COMTECH TELECOMMUNICATIONS CORP /DE/ (0000023197) (Subject)

      11/13/24 6:10:53 PM ET
      $CMTL
      Radio And Television Broadcasting And Communications Equipment
      Technology

    $CMTL
    Analyst Ratings

    Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

    See more

    $CMTL
    SEC Filings

    See more
    • Comtech Telecom upgraded by Jefferies with a new price target

      Jefferies upgraded Comtech Telecom from Underperform to Hold and set a new price target of $3.50

      6/25/24 7:30:59 AM ET
      $CMTL
      Radio And Television Broadcasting And Communications Equipment
      Technology
    • B. Riley Securities initiated coverage on Comtech Telecom with a new price target

      B. Riley Securities initiated coverage of Comtech Telecom with a rating of Buy and set a new price target of $18.25

      12/15/23 8:05:10 AM ET
      $CMTL
      Radio And Television Broadcasting And Communications Equipment
      Technology
    • Comtech Telecom downgraded by Jefferies with a new price target

      Jefferies downgraded Comtech Telecom from Hold to Underperform and set a new price target of $7.50 from $10.00 previously

      12/8/23 1:51:30 PM ET
      $CMTL
      Radio And Television Broadcasting And Communications Equipment
      Technology
    • SEC Form SCHEDULE 13G filed by Comtech Telecommunications Corp.

      SCHEDULE 13G - COMTECH TELECOMMUNICATIONS CORP /DE/ (0000023197) (Subject)

      4/29/25 9:02:44 AM ET
      $CMTL
      Radio And Television Broadcasting And Communications Equipment
      Technology
    • Comtech Telecommunications Corp. filed SEC Form 8-K: Results of Operations and Financial Condition, Financial Statements and Exhibits

      8-K - COMTECH TELECOMMUNICATIONS CORP /DE/ (0000023197) (Filer)

      3/12/25 4:29:48 PM ET
      $CMTL
      Radio And Television Broadcasting And Communications Equipment
      Technology
    • SEC Form 10-Q filed by Comtech Telecommunications Corp.

      10-Q - COMTECH TELECOMMUNICATIONS CORP /DE/ (0000023197) (Filer)

      3/12/25 4:22:27 PM ET
      $CMTL
      Radio And Television Broadcasting And Communications Equipment
      Technology

    $CMTL
    Insider Trading

    Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

    See more
    • Chief Legal Officer Walther Donald E. converted options into 1,685 units of Common Stock Par Value $.10 Per Share and covered exercise/tax liability with 562 units of Common Stock Par Value $.10 Per Share, increasing direct ownership by 4% to 26,151 units (SEC Form 4)

      4 - COMTECH TELECOMMUNICATIONS CORP /DE/ (0000023197) (Issuer)

      4/29/25 4:40:30 PM ET
      $CMTL
      Radio And Television Broadcasting And Communications Equipment
      Technology
    • SEC Form 4 filed by Director Quinlan Mark R.

      4 - COMTECH TELECOMMUNICATIONS CORP /DE/ (0000023197) (Issuer)

      3/4/25 4:14:46 PM ET
      $CMTL
      Radio And Television Broadcasting And Communications Equipment
      Technology
    • SEC Form 4 filed by Director Kagan David B.

      4 - COMTECH TELECOMMUNICATIONS CORP /DE/ (0000023197) (Issuer)

      2/26/25 8:36:59 PM ET
      $CMTL
      Radio And Television Broadcasting And Communications Equipment
      Technology