Telesat to begin trading on Nasdaq as early as November 19

Subsequent to Telesat's quarterly earnings call last week which revealed the company was experiencing supply chain delays, Loral Space & Communications Inc., the largest shareholder, announced this Tuesday that "subject to the satisfaction or waiver of all the conditions to the closing" its Transaction Agreement and Plan of Merger should be completed over a two day closing period on November 18 and 19, 2021.