CONXU News

Eleven IPOs and nine SPACs priced this past week, getting out ahead of the US election. Markets tumbled and volatility spiked, as several deals broke issue and three IPOs postponed. The diverse group had very mixed trading, and averaged a return of 9.9%. New filings kept steady with six IPOs and five SPACs (...read more

2020’s SPAC mania is showing signs of fatigue. A record-shattering 168 blank check IPOs have raised $57 billion this year, more proceeds than the past 10 years combined. Another 64 SPACs are on file.  Yet in the past month, 14 SPACs have priced downsized...read more

CONX, a blank check company formed by Charles Ergen targeting wireless communications, raised $750 million by offering 75 million units at $10. Each unit consists of one share of common stock and one-fourth of a warrant, exercisable at $11.50. The company had originally filed to offer 100 million units at $10, before downsizing earlier this week. The company is led...read more

CONX, a blank check company formed by Charles Ergen targeting wireless communications, lowered the proposed deal size for its upcoming IPO on Monday. The Littleton, CO-based company now plans to raise $750 million by offering 75 million units at a price of $10. The company had previously filed to offer 100 million units at $10. Each unit will still consist of one share of...read more