CONX ( (CNXX) ) has released a notification of late filing.
CONX Corp. has announced a delay in filing its Form 10-K (Yearly Report) for the financial period ending December 31, 2024. The primary reason for the delay is the recent acquisition of a majority equity interest in Red Technologies SAS, which has necessitated additional time for the preparation and auditing of financial statements. The company anticipates filing the report as soon as possible, but it may not meet the extension period deadline prescribed by Rule 12b-25. The acquisition is expected to significantly impact the financial results, although the company is not yet able to provide a reasonable estimate of these changes. CONX Corp. is actively working on compliance and has submitted the notification signed by CEO Kyle Jason Kiser.
More about CONX
YTD Price Performance: 4.11%
Average Trading Volume: 649
Technical Sentiment Signal: Buy
Current Market Cap: $28.77M
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