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CONX

CONX - CONX Corp. Stock Price, Fair Value and News

5.01USD0.00 (0.00%)Market Closed

Market Summary

CONX
USD5.010.00
Market Closed
0.00%

CONX Stock Price

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CONX RSI Chart

CONX Valuation

Market Cap

94.8M

Price/Earnings (Trailing)

-36.09

EV/EBITDA

-36.82

Price/Free Cashflow

-49.15

MarketCap/EBT

-36.86

CONX Price/Earnings (Trailing)

CONX Profitability

Return on Equity

6.93%

Return on Assets

-11.66%

Free Cashflow Yield

-2.03%

CONX Fundamentals

CONX Earnings

Earnings (TTM)

-2.6M

Earnings Growth (Yr)

402.78%

Earnings Growth (Qtr)

144.13%

Breaking Down CONX Revenue

Last 7 days

-7.8%

Last 30 days

-7.8%

Last 90 days

-43.2%

Trailing 12 Months

-41.5%

How does CONX drawdown profile look like?

CONX Financial Health

Current Ratio

0.06

CONX Investor Care

Buy Backs (1Y)

74.60%

Diluted EPS (TTM)

-0.1

Tracking the Latest Insider Buys and Sells of CONX Corp.

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
May 01, 2024
ergen charles w
acquired
-
-
18,750,000
chairman
Apr 29, 2024
moore capital management, lp
sold
-15,897,200
10.5981
-1,500,000
-
Jun 02, 2023
jericho capital asset management l.p.
sold
-40,764,000
10.191
-4,000,000
-

1–3 of 3

Which funds bought or sold CONX recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
May 23, 2024
DUPONT CAPITAL MANAGEMENT CORP
unchanged
-
-2,652
4,998
-%
May 20, 2024
Virtu Financial LLC
sold off
-100
-4,000
-
-%
May 16, 2024
JANE STREET GROUP, LLC
reduced
-
-14,513
27,342
-%
May 15, 2024
Jericho Capital Asset Management L.P.
unchanged
-
-106,100
199,900
-%
May 15, 2024
MOORE CAPITAL MANAGEMENT, LP
unchanged
-
-39,787
74,963
-%
May 15, 2024
MOORE CAPITAL MANAGEMENT, LP
unchanged
-
-435,000
15,885,000
0.25%
May 15, 2024
RIVERNORTH CAPITAL MANAGEMENT, LLC
unchanged
-
-4,219
7,950
-%
May 15, 2024
Tower Research Capital LLC (TRC)
unchanged
-
9.00
1,482
-%
May 15, 2024
Davidson Kempner Capital Management LP
unchanged
-
-50,700
48,750
-%
May 15, 2024
Point72 Asset Management, L.P.
sold off
-100
-19,125
-
-%

1–10 of 42

Are Funds Buying or Selling CONX?

Are funds buying CONX calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own CONX
No. of Funds

Unveiling CONX Corp.'s Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
May 08, 2024
ergen charles w
99.4%
30,083,333
SC 13D
May 08, 2024
ranch legacy trust
47.9%
17,391,300
SC 13D
May 01, 2024
moore capital management, lp
0%
0
SC 13G/A
Feb 09, 2024
jane street group, llc
6.5%
136,855
SC 13G
Jul 10, 2023
jericho capital asset management l.p.
0.0%
0
SC 13G/A
Apr 11, 2023
jericho capital asset management l.p.
47.74%
4e+06
SC 13G/A
Feb 14, 2023
moore capital management, lp
17.9%
1,500,000
SC 13G
Feb 14, 2023
jericho capital asset management l.p.
5.33%
4e+06
SC 13G/A
Jan 24, 2023
magnetar financial llc
0.00%
0
SC 13G/A
Feb 14, 2022
jericho capital asset management l.p.
5.33%
4e+06
SC 13G

Recent SEC filings of CONX Corp.

View All Filings
Date Filed Form Type Document
Jul 12, 2024
S-1/A
Initial Public Offering
May 29, 2024
S-1
Initial Public Offering
May 15, 2024
10-Q
Quarterly Report
May 08, 2024
SC 13D
13D - Major Acquisition
May 08, 2024
SC 13D
13D - Major Acquisition
May 07, 2024
8-K
Current Report
May 03, 2024
8-K
Current Report
May 03, 2024
3
Insider Trading
May 03, 2024
4
Insider Trading
May 02, 2024
8-K
Current Report

CONX Corp. News

Latest updates
Defense World09 Jul 202406:47 am
Yahoo Finance24 May 202407:00 am
DealFlow's SPAC News2 months ago
Connect CRE3 months ago
SPACInsider3 years ago

CONX Corp. Earnings Report: Key Takeaways & Analysis

Balance Sheet
(In Thousands)
Balance Sheet
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q3
Assets2.5%22,53721,98327,96227,78185,95885,664753,438751,150750,765750,904750,954750,990751,130751,243-
  Current Assets1749.9%32117.0032.00-1,2141,4204265366668248939471,1061,238220
    Cash Equivalents1163.6%1038.0010.001311,1331,3973744475497508668951,0281,212220
Liabilities-4.5%38,22740,04734,452-34,25333,17430,10831,94639,82852,69561,31867,29263,60572,390-
  Current Liabilities34.2%5,3563,9913,41434,9942,2922,1371,18045736729919715578.00139562
Shareholder's Equity5.3%-37,906-40,029---33,038-31,753-----5,0005,0005,00016.00
  Retained Earnings5.3%-37,908-40,031-34,421-34,820-33,040-31,755-26,671-30,797-39,065-51,793-60,3654,997-62,477-71,149-8.52
  Additional Paid-In Capital---------------23.00
Shares Outstanding---------------21,563
Float----27,792---741,375---739,500---
Cashflow (Last 12 Months)
(In Thousands)
Cashflow (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q4
Cashflow From Operations-166.8%-405-151-120-1,252-264-171-72.80-102-201-115-28.33-132-184-115
Cashflow From Investing-100.0%-6,231-32357,138-500---------750,000
Cashflow From Financing108.2%500-6,081324-56,888501--------751,327
  Buy Backs--------------281*
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CONX Income Statement

2024-03-31
UNAUDITED CONDENSED STATEMENTS OF OPERATIONS - USD ($)
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
General and administrative expenses$ 1,072,033$ 277,914
Loss from operations(1,072,033)(277,914)
Other income (expense)  
Change in fair value of extension note 417,419
Change in fair value of equity forward(7,000) 
Change in fair value of derivative warrant liabilities3,191,842(923,558)
Interest income on investments held in Trust Account250,812 
Total other income (expense)3,435,654(506,139)
Income (loss) before income tax provision2,363,621(784,053)
Income tax provision10,336 
Net income (loss)$ 2,373,957$ (784,053)
Class A - Common stock  
Weighted average common shares outstanding, basic and diluted  
Weighted average common shares outstanding, basic2,090,2698,348,384
Weighted average common shares outstanding, diluted2,090,2698,348,384
Basic net (loss) income per common share$ 0.11$ (0.03)
Diluted net (loss) income per common share$ 0.11$ (0.03)
Class B - Common stock  
Weighted average common shares outstanding, basic and diluted  
Weighted average common shares outstanding, basic18,750,00018,750,000
Weighted average common shares outstanding, diluted18,750,00018,750,000
Basic net (loss) income per common share$ 0.11$ (0.03)
Diluted net (loss) income per common share$ 0.11$ (0.03)

CONX Balance Sheet

2024-03-31
CONDENSED BALANCE SHEETS - USD ($)
Mar. 31, 2024
Dec. 31, 2023
Current assets:  
Cash$ 103,135$ 8,162
Prepaid expenses217,4179,166
Total current assets320,55217,328
Cash held in trust account22,216,91621,966,104
Total assets22,537,46821,983,432
Current liabilities:  
Accounts payable26,59776,826
Working capital loan - related party900,000400,000
Extension notes - related party1,708,4261,708,426
Accrued expenses2,022,4861,097,000
Accrued excise tax payable639,193639,193
Income taxes payable59,67570,011
Total current liabilities5,356,3773,991,456
Deferred legal fees275,000275,000
Deferred underwriting fee payable26,250,00026,250,000
Equity forward liability332,000325,000
Derivative warrant liabilities6,013,6589,205,500
Total liabilities38,227,03540,046,956
Commitments and Contingencies
Stockholders' Deficit:  
Preferred stock, $0.0001 par value; 20,000,000 shares authorized; none issued or outstanding at March 31, 2024 and December 31, 2023
Accumulated deficit(37,908,361)(40,031,506)
Total Stockholders' Deficit(37,906,483)(40,029,628)
Total Liabilities, Class A Common Stock Subject to Redemption, and Stockholders' Deficit22,537,46821,983,432
Class A common stock  
Stockholders' Deficit:  
Common stock33
Class A common stock subject to possible redemption  
Current liabilities:  
Class A common stock subject to possible redemption, 2,090,269 shares at redemption value of $10.63 per share at March 31, 2024 and 2,090,269 shares at redemption value of $10.51 per share at December 31, 202322,216,91621,966,104
Class B common stock  
Stockholders' Deficit:  
Common stock$ 1,875$ 1,875

About CONX Corp.

CONX
CONX Corp. does not have significant operations. The company focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses or assets. It intends to focus its search on identifying a prospective target operating in the technology, media, and telecommunications industries, including wireless communications industry. The company was incorporated in 2020 and is based in Littleton, Colorado.
0
 CEO
 INDUSTRYShell Companies

CONX Corp. Frequently Asked Questions


What is the ticker symbol for CONX Corp.? What does CONX stand for in stocks?

CONX is the stock ticker symbol of CONX Corp.. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of CONX Corp. (CONX)?

As of Wed Jul 03 2024, market cap of CONX Corp. is 94.83 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of CONX stock?

You can check CONX's fair value in chart for subscribers.

What is the fair value of CONX stock?

You can check CONX's fair value in chart for subscribers. The fair value of CONX Corp. is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of CONX Corp. is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for CONX so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is CONX Corp. a good stock to buy?

The fair value guage provides a quick view whether CONX is over valued or under valued. Whether CONX Corp. is cheap or expensive depends on the assumptions which impact CONX Corp.'s fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for CONX.