Global Eagle Entertainment Announces Results Of Warrant Exchange Offer

Global Eagle Entertainment Inc. (Nasdaq: ENT) ("Global Eagle," the "Company," "we" or "our"), a worldwide leading provider of content, connectivity and digital media solutions to airlines, today announced the results of its previously announced offer to exchange ("Offer to Exchange") 0.3333 shares of the Company's common stock ("Shares") for each outstanding Company warrant exercisable for Shares at an exercise price of $11.50 per Share (the "Warrants") (approximately one Share for every three Warrants tendered), up to a maximum of 15,000,000 Warrants. The Offer to Exchange expired at 9:00 a.m., Eastern Time, on Thursday, September 11, 2014.According to American Stock Transfer & Trust Company, LLC, the depositary for the Offer to Exchange, 12,682,755 Warrants were validly tendered and not validly withdrawn, representing approximately 85% of the maximum number of Warrants that were offered to be exchanged or approximately 55% of the total number of outstanding Warrants. Global Eagle has accepted for exchange all of such Warrants. Approximately 4,227,187 Shares will be issued in exchange for such Warrants, including Shares to be issued as a result of the rounding of fractional Shares. Settlement is expected to occur on September 12, 2014.