CONX Corp. is a blank check company. Its purpose is to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses or assets.
Company profile
Ticker
CONX, CONXU
Exchange
Website
CEO
Jason Kiser
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
IRS number
852728630
CONX stock data
Latest filings (excl ownership)
10-Q
2024 Q1
Quarterly report
15 May 24
8-K
Completion of Acquisition or Disposition of Assets
7 May 24
8-K
Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard
3 May 24
8-K
CONX Corp. Announces Closing of Initial Business Combination
1 May 24
SC TO-I/A
Issuer tender offer statement (amended)
30 Apr 24
SC TO-I/A
Issuer tender offer statement (amended)
23 Apr 24
SC TO-I/A
Issuer tender offer statement (amended)
22 Apr 24
SC TO-I/A
Issuer tender offer statement (amended)
22 Apr 24
SC TO-I/A
Issuer tender offer statement (amended)
19 Apr 24
SC TO-I/A
Issuer tender offer statement (amended)
17 Apr 24
Latest ownership filings
SC 13D
Ranch Legacy Trust
8 May 24
SC 13D
ERGEN CHARLES W
8 May 24
4
CHARLES W ERGEN
3 May 24
3
Robert J. Hooke
3 May 24
SC 13G/A
MOORE CAPITAL MANAGEMENT, LP
1 May 24
4
LOUIS M BACON
1 May 24
SC 13G
JANE STREET GROUP, LLC
9 Feb 24
SC 13G/A
Jericho Capital Asset Management L.P.
10 Jul 23
4
Josh Resnick
6 Jun 23
SC 13G/A
Jericho Capital Asset Management L.P.
10 Apr 23
Financial summary
Quarter (USD) | Mar 24 | Dec 23 | Sep 23 | Jun 23 | |
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Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 23 | Dec 22 | Dec 21 | Dec 20 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 103.14 k | 103.14 k | 103.14 k | 103.14 k | 103.14 k | 103.14 k |
Cash burn (monthly) | (no burn) | 85.80 k | (no burn) | 197.00 k | 135.01 k | 160.80 k |
Cash used (since last report) | n/a | 136.16 k | n/a | 312.62 k | 214.25 k | 255.18 k |
Cash remaining | n/a | -33.02 k | n/a | -209.48 k | -111.12 k | -152.04 k |
Runway (months of cash) | n/a | -0.4 | n/a | -1.1 | -0.8 | -0.9 |
Institutional ownership, Q4 2023
13F holders | Current |
---|---|
Total holders | 3 |
Opened positions | 2 |
Closed positions | 13 |
Increased positions | 0 |
Reduced positions | 0 |
13F shares | Current |
---|---|
Total value | 203.44 mm |
Total shares | 18.79 mm |
Total puts | 0.00 |
Total calls | 0.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
Ergen Charles W | 18.75 mm | $191.81 mm |
Dupont Capital Management | 25.00 k | $7.65 mm |
DAVENPORT & Co | 13.00 k | $3.98 mm |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
1 May 24 | Ergen Charles W | Class A Common Stock | Conversion | Acquire C | Yes | No | 0 | 18,750,000 | 0.00 | 18,750,000 |
1 May 24 | Ergen Charles W | Private Placement Warrant Class A Common Stock | Grant | Acquire A | Yes | No | 1.5 | 11,333,333 | 17.00 mm | 11,333,333 |
1 May 24 | Ergen Charles W | Class B Common Stock Class A Common Stock | Conversion | Dispose C | Yes | No | 0 | 18,750,000 | 0.00 | 0 |
29 Apr 24 | Moore Capital Management | Class A Common Stock | Sell | Dispose S | Yes | No | 10.5981 | 1,500,000 | 15.90 mm | 0 |
2 Jun 23 | Jericho Capital Asset Management | Class A Common Stock, par value $0.0001 per share | Other | Dispose J | Yes | No | 10.191 | 4,000,000 | 40.76 mm | 0 |