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.
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
9.99 USD | +11.00% | +229.70% | -6.64% |
May. 03 | CONX Corp.(NasdaqCM:CONX) dropped from NASDAQ Composite Index | CI |
May. 01 | CONX Corp. announced that it has received $199.99995 million in funding | CI |
1st Jan change | Capi. | |
---|---|---|
-6.64% | 189M | |
+190.94% | 6.96B | |
+2.14% | 982M | |
+41.91% | 872M | |
+26.98% | 830M | |
+1.72% | 664M | |
+5.92% | 642M | |
-.--% | 600M | |
+3.61% | 503M | |
-.--% | 500M |
- Stock Market
- Equities
- CNXX Stock
- News CONX Corp.
- CONX Corp. announced that it expects to receive $199.99995 million in funding