CONX Stock Price, CONX Corp. Quote, Chart

Market Summary

USD9.99+0.99

Delayed

11.00%

CONX Alerts

1 major insider sales recently.

CONX Stock Price

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CONX RSI Chart

CONX Valuation

Market Cap

21.2M

Price/Earnings (Trailing)

-8.76

EV/EBITDA

-8.19

Price/Free Cashflow

-10.98

MarketCap/EBT

-8.23

CONX Price/Earnings (Trailing)

CONX Profitability

Return on Equity

6.38%

Return on Assets

-10.73%

Free Cashflow Yield

-9.11%

CONX Fundamentals

CONX Earnings

Earnings (TTM)

-2.4M

Earnings Growth (Yr)

297.59%

Earnings Growth (Qtr)

145.91%

Breaking Down CONX Revenue

Last 7 days

-65.5%

Last 30 days

-71.2%

Last 90 days

-71.4%

Trailing 12 Months

-14.2%

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)

-0.24

Tracking the Latest Insider Buys and Sells of CONX Corp.

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
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	-

Which funds bought or sold CONX recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 16, 2024	JANE STREET GROUP, LLC	reduced	-	-14,513	27,342	-%
May 15, 2024	D. E. Shaw & Co., Inc.	unchanged	-	-26,525	49,975	-%
May 15, 2024	Point72 Asset Management, L.P.	sold off	-100	-19,125	-	-%
May 15, 2024	MORGAN STANLEY	unchanged	-	-	10.00	-%
May 15, 2024	Exos Asset Management LLC	new	-	69,071	69,071	0.04%
May 15, 2024	Walleye Capital LLC	unchanged	-	-12,953	24,405	-%
May 15, 2024	Walleye Capital LLC	unchanged	-	-2,081	220,565	-%
May 15, 2024	HGC Investment Management Inc.	added	100	975	4,160	-%
May 15, 2024	Fort Baker Capital Management LP	unchanged	-	-35,650	1,634,480	0.22%
May 15, 2024	Davidson Kempner Capital Management LP	unchanged	-	-50,700	48,750	-%

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

CONX Alerts

1 major insider sales recently.

Unveiling CONX Corp.'s Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form 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
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	3	Insider Trading
May 03, 2024	4	Insider Trading
May 03, 2024	8-K	Current Report
May 02, 2024	8-K	Current Report
May 01, 2024	4	Insider Trading
May 01, 2024	SC 13G/A	Major Ownership Report

CONX Corp. News

Latest updates

CONX Corp. Earnings Report: Key Takeaways & Analysis

Balance Sheet

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Balance Sheet															(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3
Assets	2.5%	22,537	21,983	27,962	27,781	85,958	85,664	753,438	751,150	750,765	750,904	750,954	750,990	751,130	751,243	-
Current Assets	1749.9%	321	17.00	32.00	-	1,214	1,420	426	536	666	824	893	947	1,106	1,238	220
Cash Equivalents	1163.6%	103	8.00	10.00	131	1,133	1,397	374	447	549	750	866	895	1,028	1,212	220
Liabilities	-4.5%	38,227	40,047	34,452	-	34,253	33,174	30,108	31,946	39,828	52,695	61,318	67,292	63,605	72,390	-
Current Liabilities	34.2%	5,356	3,991	3,414	34,994	2,292	2,137	1,180	457	367	299	197	155	78.00	139	562
Shareholder's Equity	5.3%	-37,906	-40,029	-	-	-33,038	-31,753	-	-	-	-51,791	-	5,000	5,000	5,000	16.00
Retained Earnings	5.3%	-37,908	-40,031	-34,421	-34,820	-33,040	-31,755	-26,671	-30,797	-39,065	-51,793	-60,365	-66,303	-62,477	-71,149	-8.52
Additional Paid-In Capital	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	23.00
Shares Outstanding	-	-	-	18,750	18,750	18,750	18,750	18,750	18,750	18,750	18,750	18,750	18,750	18,750	18,750	-
Float	-	-	-	-	27,792	-	-	-	741,375	-	-	-	739,500	-	-	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)														(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4
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	-323	57,138	-500	-	-	-	-	-	-	-	-	-750,000
Cashflow From Financing	108.2%	500	-6,081	324	-56,888	501	-	-	-	-	-	-	-	-	751,327
Buy Backs	-	-	-	-	-	-	-	-	-	-	-	-	-	-	281*

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CONX Income Statement

2024-03-31

UNAUDITED CONDENSED STATEMENTS OF OPERATIONS - USD ($)	3 Months Ended
UNAUDITED CONDENSED STATEMENTS OF OPERATIONS - USD ($)	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 liabilities	3,191,842	(923,558)
Interest income on investments held in Trust Account	250,812
Total other income (expense)	3,435,654	(506,139)
Income (loss) before income tax provision	2,363,621	(784,053)
Income tax provision	10,336
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, basic	2,090,269	8,348,384
Weighted average common shares outstanding, diluted	2,090,269	8,348,384
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, basic	18,750,000	18,750,000
Weighted average common shares outstanding, diluted	18,750,000	18,750,000
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 expenses	217,417	9,166
Total current assets	320,552	17,328
Cash held in trust account	22,216,916	21,966,104
Total assets	22,537,468	21,983,432
Current liabilities:
Accounts payable	26,597	76,826
Working capital loan - related party	900,000	400,000
Extension notes - related party	1,708,426	1,708,426
Accrued expenses	2,022,486	1,097,000
Accrued excise tax payable	639,193	639,193
Income taxes payable	59,675	70,011
Total current liabilities	5,356,377	3,991,456
Deferred legal fees	275,000	275,000
Deferred underwriting fee payable	26,250,000	26,250,000
Equity forward liability	332,000	325,000
Derivative warrant liabilities	6,013,658	9,205,500
Total liabilities	38,227,035	40,046,956
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' Deficit	22,537,468	21,983,432
Class A common stock
Stockholders' Deficit:
Common stock	3	3
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, 2023	22,216,916	21,966,104
Class B common stock
Stockholders' Deficit:
Common stock	$ 1,875	$ 1,875

About CONX Corp.

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	Mr. Kyle Jason Kiser
INDUSTRY	Shell 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 Thu May 16 2024, market cap of CONX Corp. is 19.08 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.