Baralonco Ltd Corrects Administrative Error, Reports 9.53% Stake in Iridium Communications Inc.
This Amendment No. 9 to Schedule 13D, filed on April 2, 2026, relates to Iridium Communications Inc. (IRDM). The filing was submitted by Baralonco Limited, a British Virgin Islands company, along with the Estate of the late Khalid bin Abdullah bin Abdulrahman and its legal representative, Fahd bin Khalid bin Abdullah bin Abdulrahman. The primary purpose of this amendment is to correct an inadvertent administrative error regarding the calculation of shares disclosed in previous filings. Following this correction, Baralonco Limited is reported to beneficially own 10,000,000 shares of Common Stock, which represents approximately 9.53% of the 104,956,759 shares outstanding as of February 6, 2026. Because Baralonco is wholly owned by the Estate, both the Estate and Fahd bin Khalid bin Abdullah bin Abdulrahman are also deemed to share beneficial ownership of these shares. The reporting persons exercise shared voting and dispositive power over the entire 10,000,000 share position. This filing serves as a formal adjustment to the ownership records previously established in Amendment No. 8.