Jericho Capital Asset Management L.P. - Jun 2, 2023 Form 4 Insider Report for CONX Corp. (CONX)

Role
10%+ Owner
Signature
Jericho Capital Asset Management L.P., By: Jericho Capital Holdings LLC, its general partner, By: /s/ Josh Resnick, Managing Member
Stock symbol
CONX
Transactions as of
Jun 2, 2023
Transactions value $
-$40,764,000
Form type
4
Date filed
6/6/2023, 04:30 PM
Previous filing
Mar 10, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CONX Class A Common Stock, par value $0.0001 per share Other -$40.8M -4M -100% $10.19 0 Jun 2, 2023 See footnotes F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Jericho Capital Asset Management L.P. is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 The Reporting Persons elected to redeem 4,000,000 shares held by the Jericho Fund (as defined below) for cash.
F2 Securities held for the accounts of certain investment funds and accounts for which Jericho Capital Asset Management L.P. ("Jericho") acts as investment adviser, including Jericho Capital Master Fund L.P. (the "Jericho Fund"). The general partner of Jericho is controlled by Josh Resnick ("Mr. Resnick").
F3 For purposes of Section 16 of the Securities Exchange Act of 1934, each of Jericho and Mr. Resnick expressly disclaims beneficial ownership of the securities reported herein except to the extent of his or its pecuniary interest therein, and this report shall not be deemed an admission that any of Jericho or Mr. Resnick is the beneficial owner of such securities for purposes of Section 16 or any other purpose.