CONX (CNXX)

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)	172.77 mm	172.77 mm	172.77 mm	172.77 mm	172.77 mm	172.77 mm
Cash burn (monthly)	(no burn)	(no burn)	(no burn)	(no burn)	(no burn)	29.65 k
Cash used (since last report)	n/a	n/a	n/a	n/a	n/a	208.27 k
Cash remaining	n/a	n/a	n/a	n/a	n/a	172.56 mm
Runway (months of cash)	n/a	n/a	n/a	n/a	n/a	5820.8

Beta Read what these cash burn values mean

Financial data from CONX earnings reports.

Institutional ownership, Q3 2024

CNXX institutional ownership history Ownership history

13F holders	Current	Prev Q	Change
Total holders	2	6	-66.7%
Opened positions	0	1	EXIT
Closed positions	4	37	-89.2%
Increased positions	0	2	EXIT
Reduced positions	0	0

13F shares	Current	Prev Q	Change
Total value	499.43 mm	501.95 mm	-0.5%
Total shares	47.47 mm	47.71 mm	-0.5%
Total puts	0.00	0.00
Total calls	0.00	0.00
Total put/call ratio	–	–	–

Largest owners	Shares	Value	Change
Ergen Charles W	30.08 mm	$316.48 mm	0.0%
GST-Exempt Ranch Legacy Trust	17.39 mm	$182.96 mm	0.0%

Largest transactions	Shares	Bought/sold	Change
Clear Street Derivatives	0.00	-180.16 k	EXIT
Rivernorth Capital Management	0.00	-39.77 k	EXIT
HGC Investment Management	0.00	-10.41 k	EXIT
Clear Street	0.00	-3.23 k	EXIT
Ergen Charles W	30.08 mm	0.00	0.0%
GST-Exempt Ranch Legacy Trust	17.39 mm	0.00	0.0%

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Recent insider trades

CNXX insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
31 Dec 24	Gerald Gorman	Non-Employee Director Stock Option Class A Common Stock	Grant	Acquire A	No	No	1.46	5,000	7.30 k	5,000
31 Dec 24	Adrian Steckel	Non-Employee Director Stock Option Class A Common Stock	Grant	Acquire A	No	No	1.46	5,000	7.30 k	5,000
31 Dec 24	David K Moskowitz	Non-Employee Director Stock Option Class A Common Stock	Grant	Acquire A	No	No	1.46	5,000	7.30 k	5,000
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

Data from 3, 4 and 5 filings. Values as filed, not updated for current price.

Press releases

From Benzinga Pro

CONX Corp. Announces Acquisition of Red Technologies SAS

5 Dec 24

CONX acquires a controlling interest in RED Technologies, a uniquely positioned "enabler" of Shared Spectrum and the nascent Private Network industryCONX appoints Marc Rouanne to the RED Technologies