CONXU
CONX Corp. Unit
stock NASDAQ

Repost for those who missed this last night:
[CONX Corp. Announces Closing of Initial Business Combination](https://www.prnewswire.com/news-releases/conx-corp-announces-closing-of-initial-business-combination-302133828.html) \- CONX CONXW

" Pursuant to the terms of the Purchase Agreement, the Company purchased from Seller the commercial real estate property (the "Property") in Littleton, Colorado, comprising the corporate headquarters of DISH Wireless, for a purchase price of $26.75 million (the "Transaction"). The Transaction constitutes the Company's initial business combination."

"[Based upon information provided by Continental Stock Transfer & Trust Company](https://www.prnewswire.com/news-releases/conx-corp-announces-final-tender-offer-results-302130776.html#:~:text=Based%20upon%20information%20provided%20by%20Continental%20Stock%20Transfer%20%26%20Trust%20Company), the depositary for the Tender Offer, a total of 1,941,684 shares of Class A Common Stock were validly tendered and not properly withdrawn prior to the Expiration Date."

2,090,269 public shares were left after redemptions [at the November extension meeting](https://new.reddit.com/r/Spacstocks/comments/17r0zf0/conx_corp_shareholders_approve_extension_from/).

That leaves 148,585 public CONX shares.

"Mandatory Unit Separation

On or about May 2, 2024, the Company's units, which trade with the ticker symbol "CONXU" will be mandatorily separated and the units will no longer trade on the Nasdaq Capital Market. Each unit is comprised of one share of the Company's Class A common stock and one-fourth of one redeemable warrant. Each whole warrant entitles the holder to purchase one share of Class A common stock at price of $11.50 per share. In the separation, unit owners will receive the number of shares of Class A common stock and warrants underlying such units. This is a mandatory and automatic separation, and no action is required by the holders of units."

Repost for those who missed this last night:
[CONX Corp. Announces Closing of Initial Business Combination](https://www.prnewswire.com/news-releases/conx-corp-announces-closing-of-initial-business-combination-302133828.html) \- CONX CONXW

" Pursuant to the terms of the Purchase Agreement, the Company purchased from Seller the commercial real estate property (the "Property") in Littleton, Colorado, comprising the corporate headquarters of DISH Wireless, for a purchase price of $26.75 million (the "Transaction"). The Transaction constitutes the Company's initial business combination."

"[Based upon information provided by Continental Stock Transfer & Trust Company](https://www.prnewswire.com/news-releases/conx-corp-announces-final-tender-offer-results-302130776.html#:~:text=Based%20upon%20information%20provided%20by%20Continental%20Stock%20Transfer%20%26%20Trust%20Company), the depositary for the Tender Offer, a total of 1,941,684 shares of Class A Common Stock were validly tendered and not properly withdrawn prior to the Expiration Date."

2,090,269 public shares were left after redemptions [at the November extension meeting](https://new.reddit.com/r/Spacstocks/comments/17r0zf0/conx_corp_shareholders_approve_extension_from/).

That leaves 148,585 public CONX shares.

"Mandatory Unit Separation

On or about May 2, 2024, the Company's units, which trade with the ticker symbol "CONXU" will be mandatorily separated and the units will no longer trade on the Nasdaq Capital Market. Each unit is comprised of one share of the Company's Class A common stock and one-fourth of one redeemable warrant. Each whole warrant entitles the holder to purchase one share of Class A common stock at price of $11.50 per share. In the separation, unit owners will receive the number of shares of Class A common stock and warrants underlying such units. This is a mandatory and automatic separation, and no action is required by the holders of units."