CONX Corp. announced that it has entered into a securities purchase agreement to issue 17,391,300 shares of the company?s series A convertible preferred stock at the price of $11.5 per share for the gross proceeds of $199.99995 million on November 1, 2023. The preferred shares will be converted into common shares at a conversion price of $11.5 per share, each share of preferred stock will mandatorily be converted into shares of the company?s Class A common stock on a one-for-one basis, subject to certain customary adjustments for stock dividends, stock splits and similar corporate actions.
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5-day change | 1st Jan Change | ||
10.56 USD | -0.19% | -0.38% | -1.31% |
Apr. 15 | CONX Corp. announces an Increase in Equity Buyback. | CI |
Apr. 01 | CONX Starts Tender Offer for 2 Million Shares | MT |
1st Jan change | Capi. | |
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-1.31% | 220M | |
+137.37% | 5.68B | |
+1.89% | 1.01B | |
+2.19% | 982M | |
+41.91% | 872M | |
+25.27% | 819M | |
+1.68% | 663M | |
+0.54% | 610M | |
-.--% | 600M | |
+21.31% | 552M |
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- CONX Corp. announced that it expects to receive $199.99995 million in funding