Key facts
- This page summarizes Charles W. Ergen's Form 4 filing for CONX Corp..
- 3 reported transactions and 2 derivative rows are listed below.
- Accepted by SEC: 03 May 2024, 17:14.
Charles W. Ergen - 01 May 2024 Form 4 Insider Report for CONX Corp.
- Reporting relationship
- Chairman, Director, 10%+ Owner
- Issuer ticker
- N/A
- Reported as of
- 01 May 2024
- Net transaction value
- +$17,000,000
- SEC form
- 4
- Accepted by SEC
- 03 May 2024, 17:14:30 UTC
- Prior SEC filing
- 03 Apr 2024
- Next SEC filing
- 15 May 2024
- Source filing
- View source filing
- Reporting owner signature
- Charles W. Ergen, /s/ Kyle Jason Kiser, as attorney-in-fact
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Key filing fact
Charles W. Ergen filed Form 4 for CONX Corp. on 03 May 2024.
Change
- Previous filing in this sequence was filed on 03 Apr 2024.
- Current net transaction value: +$17,000,000.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
CONX
transaction
Class A Common Stock
Conversion of derivative security
- Transaction value
- Shares
- +18,750,000
- Change %
- Price
- Shares after
- 18,750,000
- Date
- 01 May 2024
- Ownership
- See footnotes
- Footnotes
- F1, F2
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
CONX
transaction
Derivative
Class B Common Stock
Conversion of derivative security
- Transaction value
- Shares
- -18,750,000
- Change %
- -100%
- Price
- Shares after
- 0
- Date
- 01 May 2024
- Ownership
- See footnotes
- Underlying class
- Class A Common Stock
- Underlying amount
- 18,750,000
- Exercise price
- Footnotes
- F1, F2
CONX
transaction
Derivative
Private Placement Warrant
Award
- Transaction value
- $17,000,000
- Shares
- +11,333,333
- Change %
- Price
- $1.50
- Shares after
- 11,333,333
- Date
- 01 May 2024
- Ownership
- See footnotes
- Underlying class
- Class A Common Stock
- Underlying amount
- 11,333,333
- Exercise price
- $11.50
- Footnotes
- F2, F3
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 3 footnotes
Footnote F1
On May 1, 2024, the Issuer consummated its business combination. The Issuer's shares of Class B common stock, par value $0.0001 per share, were automatically converted into shares of Class A common stock, par value $0.0001 per share, of the Issuer at the time of the closing of the business combination, on a one-for-one basis.
Footnote F2
The securities are held directly by nXgen Opportunities, LLC (the "Sponsor"). Charles W. Ergen controls the Sponsor. Each Reporting Person disclaims beneficial ownership over any securities owned by the Sponsor other than to the extent of its pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of all of the reported securities for purposes of Section 16 or for any other purpose.
Footnote F3
The private placement warrants were purchased by the Sponsor on October 29, 2020. Each private placement warrant is exercisable to purchase one share of the Issuer's Class A common stock at a price of $11.50 per share, subject to adjustment, and becomes exercisable 30 days after the consummation of the business combination, which occurred on May 1, 2024, and expires five years after the consummation of the business combination or earlier upon redemption or liquidation.