CONX (CONX) has issued an announcement.
A recent transaction saw a company finalize a sale-leaseback agreement and amend its purchase agreement, shifting maintenance responsibilities to the company for certain property aspects. Additionally, the company issued Series A Preferred Stock at $11.50 per share, raising $200 million. It also resolved its debt obligations by repaying promissory notes totaling over $2.6 million to its sponsor. These financial moves are part of the company’s broader business strategy and are detailed in various exhibits and reports filed with the SEC.
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