Duyuru • Aug 15
CONX Corp. announced delayed 10-Q filing On 08/14/2026, CONX Corp. announced that they will be unable to file their next 10-Q by the deadline required by the SEC. Duyuru • Jun 03
CONX Corp. (OTCPK:CNXX) entered into a definitive agreement to acquire 75% stake in HC2 Broadcasting Holdings Inc from INNOVATE 2 Corp. CONX Corp. (OTCPK:CNXX) entered into a definitive agreement to acquire 75% stake in HC2 Broadcasting Holdings Inc from INNOVATE 2 Corp on May 29, 2026. Pursuant to the agreement, Merger Sub will merge with and into Broadcasting, with Broadcasting surviving the Merger as a subsidiary of CONX (the “Surviving Entity”). Upon closing, Broadcasting shareholders will receive equity in the surviving entity, with existing Broadcasting shares converting into the right to receive approximately 25% of the outstanding shares of the surviving entity. Merger Sub’s equity interests will convert into approximately 75% ownership of the surviving entity, reflecting consideration attributable to the extinguishment of the bridge loan and CONX’s commitment to provide up to $75 million in equity funding. After the closing of the transaction, it is expected that CONX will own approximately 75% of Broadcasting and INNOVATE will own approximately 25% of Broadcasting through HC2 Holdco.
The transaction has been approved by the Boards of Directors of each of INNOVATE and CONX. The Closing is subject to customary conditions, including (a) receipt of regulatory approvals, including certain approvals of the Federal Communications Commission and the expiration or termination of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended, and (b) that the obligations under the New Loan Agreement shall not have been declared due and payable.
Mario Schollmeyer of Sullivan & Cromwell LLP acted as legal advisor for CONX Corp. Sean O’Neal and Charles Allen of Cleary Gottlieb Steen & Hamilton LLP acted as legal advisor for INNOVATE Corp. Duyuru • May 16
CONX Corp. announced delayed 10-Q filing On 05/15/2026, CONX Corp. announced that they will be unable to file their next 10-Q by the deadline required by the SEC. Duyuru • Apr 01
CONX Corp. announced delayed annual 10-K filing On 03/31/2026, CONX Corp. announced that they will be unable to file their next 10-K by the deadline required by the SEC. Duyuru • Nov 15
CONX Corp. announced delayed 10-Q filing On 11/14/2025, CONX Corp. announced that they will be unable to file their next 10-Q by the deadline required by the SEC. Duyuru • Aug 15
CONX Corp. announced delayed 10-Q filing On 08/14/2025, CONX Corp. announced that they will be unable to file their next 10-Q by the deadline required by the SEC. Duyuru • May 16
CONX Corp. announced delayed 10-Q filing On 05/15/2025, CONX Corp. announced that they will be unable to file their next 10-Q by the deadline required by the SEC. Duyuru • Apr 02
CONX Corp. announced delayed annual 10-K filing On 04/01/2025, CONX Corp. announced that they will be unable to file their next 10-K by the deadline required by the SEC. Duyuru • Dec 07
CONX Corp. (OTCPK:CNXX) acquired 68% RED Technologies SAS for €18.6 million. CONX Corp. (OTCPK:CNXX) entered into an agreement to acquire 68% RED Technologies SAS for €18.6 million on December 2, 2024. CONX acquired approximately 68% of RED Technologies' outstanding share capital at closing, with the remainder of the shares to be acquired in future installments based on the achievement of certain milestones. The executive team of RED Technologies, Pierre-Jean Muller and Michael Abitbol, will continue to manage the operations of RED Technologies, aimed at establishing the company as a viable alternative in the CBRS market. The purchase Agreement contains representations, warranties and covenants by the parties, conditions in favor of the parties and indemnification rights that are customary for a transaction of this nature.
CONX Corp. (OTCPK:CNXX) completed the acquisition of 68% RED Technologies SAS on December 5, 2024. Duyuru • Nov 16
CONX Corp. announced delayed 10-Q filing On 11/15/2024, CONX Corp. announced that they will be unable to file their next 10-Q by the deadline required by the SEC. Duyuru • Aug 15
CONX Corp. announced delayed 10-Q filing On 08/14/2024, CONX Corp. announced that they will be unable to file their next 10-Q by the deadline required by the SEC. Duyuru • Jul 25
Nasdaq Files Form 25 to Delist CONX Corp.'S Securities Effective July 29 As previously disclosed by CONX Corp., a Nevada corporation (the Company"), on May 2, 2024, the Nasdaq Hearings Panel (the Panel") notified the Company of the Panel's determination that as a result of the Company's Market Value of Publicly Held Securities as of May 1, 2024, the Company did not comply with Nasdaq IM-5101-2. Trading of the Company's securities on Nasdaq was suspended at the open of trading on May 6, 2024. On June 24, 2024, the Company withdrew its appeal of the Panel's decision and the Nasdaq Listing and Hearing Review Council did not call the matter for review. On July 19, 2024, Nasdaq filed a Form 25 with the Securities and Exchange Commission to delist the Company's securities from Nasdaq. The delisting will become effective on July 29, 2024. As of May 24, 2024, the Company's Class A common stock and public warrants are quoted and traded on the OTCQX Market operated by OTC Markets Group Inc. under the symbol CNXX" and CNXXW," respectively. Duyuru • May 04
CONX Non-Compliance with Nasdaq IM-5101-2 Rule and its Securities on the Nasdaq to be Suspended at the Open of Trading on May 6, 2024 As previously disclosed by CONX Corp. (the ‘Company’) in its Annual Report on Form 10-K for the year ended December 31, 2023, filed with the Securities and Exchange Commission (the ‘SEC’) on March 29, 2024, the Nasdaq Hearings Panel (the ‘Panel’) previously granted the Company an exception from Nasdaq IM-5101-2, which requires that a special purpose acquisition company must complete one or more business combinations within 36 months of the effectiveness of the registration statement of its initial public offering, for the Company’s securities to continue to be listed on Nasdaq until April 29, 2024, subject to certain conditions. On May 2, 2024, the Panel notified the Company of the Panel’s determination that, although the Company completed a business combination, Nasdaq Listing Qualifications Staff informed the Panel that as a result of the Company’s Market Value of Publicly Held Securities as of May 1, 2024, the transaction did not demonstrate compliance with Nasdaq’s initial listing requirements and therefore the Company did not comply with Nasdaq IM-5101-2. Trading of the Company’s securities on the Nasdaq will be suspended at the open of trading on May 6, 2024. The Company expects to request an appeal of the Panel’s decision. There is no assurance that such appeal, if requested, would be successful and such appeal would not stay Nasdaq’s delisting decision or suspension of trading. The Company has applied for its securities to be quoted on an over-the-counter market operated by the OTC Markets Group Inc. Duyuru • May 03
CONX Corp. announced that it has received $199.99995 million in funding On May 1, 2024, CONX Corp., closed the transaction. Duyuru • Apr 02
CONX Corp. (NasdaqCM:CONX) announces an Equity Buyback for 2,120,269 shares, representing 10.16% for $22.13 million. CONX Corp. (NasdaqCM:CONX) announces a share repurchase program. Under the program, the company will repurchase up to 2,120,269 shares, representing 10.16% of its share capital for $22.13 million. The shares will be repurchased at $10.585614 per share. The company is purchasing its shares in connection with the purchase and sell agreement executed on March 10, 2024. The purpose of the offer is to provide an opportunity to shareholders to redeem their shares. The program will be funded from amounts held in company's Trust Account, which will be released to the company upon consummation of the Transaction of purchase and sell agreement. The offer will expire on April 29, 2024, unless extended. As of March 20, 2024, the company had 20,870,269 outstanding shares. Duyuru • Feb 21
CONX Receives Notification from Nasdaq Regarding Not Regains Compliance with the Listing Rule 5550(b)(2) As previously disclosed on the Current Report on Form 8-K filed by CONX Corp. (the ‘Company’) with the Securities and Exchange Commission on August 18, 2023, on August 14, 2023, the staff of The Nasdaq Stock Market LLC (Nasdaq’) notified the Company that it no longer meets Listing Rule 5550(b)(2) (the ‘Rule’) requiring the Company to maintain a minimum market value of listed securities (‘MVLS’) of $35 million. The notice was based on a review of the Company's MVLS for the past 30 consecutive business days. Nasdaq's listing rules provided the Company a compliance period of 180 calendar days, or until February 12, 2024, in which to regain compliance. On February 14, 2024, the Company received notification from Nasdaq that the Company had not regained compliance with the Rule (the ‘Notice’). The Notice is a formal notification that the Nasdaq Hearings Panel (the ‘Panel’) will consider this matter in rendering a determination regarding the Company's continued listing on The Nasdaq Capital Market. Pursuant to Listing Rule 5810(d), the Company intends to present its views with respect to this additional deficiency to the Panel in writing no later than February 21, 2024. This Current Report on Form 8-K has been filed pursuant to Listing Rule 5810(b). Subject to the final written decision by the Panel, neither the Notice nor the Company's noncompliance with the Rule will have an immediate effect on the listing or trading of the Company's Class A common stock, which will continue to trade on The Nasdaq Capital Market under the symbol CONX’. Duyuru • Aug 19
The Nasdaq Stock Market LLC Notifies CONX No Longer Meets Listing Rule 5550(b)(2) On August 14, 2023, the staff of The Nasdaq Stock Market LLC (‘Nasdaq’) notified CONX Corp. that it no longer meets Listing Rule 5550(b)(2) (the ‘Rule’) requiring the Company to maintain a minimum market value of listed securities (‘MVLS’) of $35 million. The notice was based on a review of the Company’s MVLS for the past 30 consecutive business days. Nasdaq’s listing rules provide the Company a compliance period of 180 calendar days, or until February 12, 2024, in which to regain compliance. If at any time during this compliance period the Company’s MVLS closes at $35 million or more for a minimum of ten consecutive business days, Nasdaq will provide written confirmation of compliance and the matter will be closed. In the event the Company does not regain compliance with the Rule prior to the expiration of the compliance period, it will receive written notification that its securities are subject to delisting. At that time, the Company may appeal the delisting determination to a Nasdaq Hearings Panel. Board Change • Dec 31
High number of new and inexperienced directors There are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. No experienced directors. No highly experienced directors. CEO, Secretary & Director Kyle Kiser is the most experienced director on the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. 
