CONX Corp. does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses or assets. The company was incorporated in 2020 and is based in Littleton, Colorado.
Company profile
Ticker
CNXX, CNXXW
Exchange
Website
CEO
Mr. Kyle Jason Kiser
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
resTORbio, Inc.
SEC CIK
Corporate docs
IRS number
852728630
CNXX stock data
Latest filings (excl ownership)
8-K
Entry into a Material Definitive Agreement
30 Sep 24
NT 10-Q
Notice of late quarterly filing
14 Aug 24
EFFECT
Notice of effectiveness
8 Aug 24
424B3
Prospectus supplement
7 Aug 24
S-1/A
IPO registration (amended)
1 Aug 24
S-1/A
IPO registration (amended)
24 Jul 24
8-K
Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard
24 Jul 24
25-NSE
Exchange delisting
19 Jul 24
S-1/A
IPO registration (amended)
12 Jul 24
S-1
IPO registration
28 May 24
Latest ownership filings
SC 13D
Ranch Legacy Trust
8 May 24
SC 13D
ERGEN CHARLES W
8 May 24
4
CHARLES W ERGEN
3 May 24
3
Robert J. Hooke
3 May 24
SC 13G/A
MOORE CAPITAL MANAGEMENT, LP
1 May 24
4
LOUIS M BACON
1 May 24
SC 13G
JANE STREET GROUP, LLC
9 Feb 24
SC 13G/A
Jericho Capital Asset Management L.P.
10 Jul 23
4
Josh Resnick
6 Jun 23
SC 13G/A
Jericho Capital Asset Management L.P.
10 Apr 23
Financial summary
Quarter (USD) | Mar 24 | Dec 23 | Sep 23 | Jun 23 | |
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Diluted EPS |
Annual (USD) | Dec 23 | Dec 22 | Dec 21 | Dec 20 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
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Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 103.14 k | 103.14 k | 103.14 k | 103.14 k | 103.14 k | 103.14 k |
Cash burn (monthly) | (no burn) | 85.80 k | (no burn) | 197.00 k | 135.01 k | 160.80 k |
Cash used (since last report) | n/a | 568.10 k | n/a | 1.30 mm | 893.94 k | 1.06 mm |
Cash remaining | n/a | -464.97 k | n/a | -1.20 mm | -790.81 k | -961.57 k |
Runway (months of cash) | n/a | -5.4 | n/a | -6.1 | -5.9 | -6.0 |
Institutional ownership, Q1 2024
13F holders | Current |
---|---|
Total holders | 33 |
Opened positions | 30 |
Closed positions | 0 |
Increased positions | 0 |
Reduced positions | 0 |
13F shares | Current |
---|---|
Total value | 1.66 bn |
Total shares | 26.30 mm |
Total puts | 0.00 |
Total calls | 771.07 k |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
Ergen Charles W | 18.75 mm | $191.81 mm |
Apollo Management | 1.00 mm | $199.90 mm |
Jericho Capital Asset Management | 1.00 mm | $199.90 mm |
ARS Investment Partners | 985.78 k | $197.06 mm |
Fort Baker Capital Management | 645.56 k | $129.05 mm |
Moore Capital Management | 375.00 k | $74.96 mm |
Periscope Capital | 370.00 k | $73.96 mm |
Exos Asset Management | 345.36 k | $69.07 mm |
Davidson Kempner Capital Management | 325.00 k | $48.75 mm |
Ubs Oconnor | 316.89 k | $55.46 mm |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
1 May 24 | Ergen Charles W | Class A Common Stock | Conversion | Acquire C | Yes | No | 0 | 18,750,000 | 0.00 | 18,750,000 |
1 May 24 | Ergen Charles W | Private Placement Warrant Class A Common Stock | Grant | Acquire A | Yes | No | 1.5 | 11,333,333 | 17.00 mm | 11,333,333 |
1 May 24 | Ergen Charles W | Class B Common Stock Class A Common Stock | Conversion | Dispose C | Yes | No | 0 | 18,750,000 | 0.00 | 0 |
29 Apr 24 | Moore Capital Management | Class A Common Stock | Sell | Dispose S | Yes | No | 10.5981 | 1,500,000 | 15.90 mm | 0 |
2 Jun 23 | Jericho Capital Asset Management | Class A Common Stock, par value $0.0001 per share | Other | Dispose J | Yes | No | 10.191 | 4,000,000 | 40.76 mm | 0 |