SymbolCNXXW
NameCONX CORP.
SectorUNDEFINED
RegionNorth America
Industry-
Address80120 United States CO 5701 S. Santa Fe Dr
Telephone(303) 472-1542
Fax
Email
Website
IncorporationUS
Incorporated On2020
Employees
Fiscal Year12/31
Public Since
ExchangesOTC
AuditorWithumSmith + Brown PC;
Audit StatusAUDITED
Reporting StatusU.S. Reporting: SEC Reporting
CIK0001823000
Description

CONX was a blank check company, whose business purpose was to effect a merger, asset acquisition or similar business combination, which we refer to as our initial business combination. CONX completed its initial business combination on May 1, 2024. On March 10, 2024, CONX and EchoStar Real Estate Holding L.L.C. ("Seller") entered into the Purchase and Sale Agreement, dated March 10, 2024, by and between CONX and Seller (the "Purchase Agreement"). Pursuant to the terms of the Purchase Agreement, CONX purchased the commercial real estate property (the "Property") in Littleton, Colorado, comprising the corporate headquarters of DISH Wireless, from Seller (the "Transaction"). Pursuant to the Purchase Agreement, CONX and Seller also entered into a lease-back agreement (the "Seller Lease Agreement") concurrently with the closing of the Transaction, pursuant to which Seller leased back the Property from the Company. Subsequent to the closing of the Transaction and our entry into the Seller Lease Agreement, we derive revenues primarily from our operation of real estate property. We anticipate to grow through acquisition opportunities, including, but not limited to, disruptive Technologies and additional infrastructure assets.

Additional info from OTC:
CONX was a blank check company, whose business purpose was to effect a merger, asset acquisition or similar business combination, which we refer to as our initial business combination. CONX completed its initial business combination on May 1, 2024. On March 10, 2024, CONX and EchoStar Real Estate Holding L.L.C. ("Seller") entered into the Purchase and Sale Agreement, dated March 10, 2024, by and between CONX and Seller (the "Purchase Agreement"). Pursuant to the terms of the Purchase Agreement, CONX purchased the commercial real estate property (the "Property") in Littleton, Colorado, comprising the corporate headquarters of DISH Wireless, from Seller (the "Transaction"). Pursuant to the Purchase Agreement, CONX and Seller also entered into a lease-back agreement (the "Seller Lease Agreement") concurrently with the closing of the Transaction, pursuant to which Seller leased back the Property from the Company. Subsequent to the closing of the Transaction and our entry into the Seller Lease Agreement, we derive revenues primarily from our operation of real estate property. We anticipate to grow through acquisition opportunities, including, but not limited to, disruptive Technologies and additional infrastructure assets.

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