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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.
See more insights into CONX stock on TipRanks’ Stock Analysis page.