CONX Corp. (CONXW)
CONX Corp. operates in the Shell Companies industry of the Financial Services sector, headquartered in Littleton, NV, US. The stock last traded at $0.19, up 17.78% on the session, giving a market capitalisation of $221.2M. On trailing twelve-month figures it carries a trailing P/E of 0.05, a net margin of 3018.5%. Its beta of 0.03 implies it has historically moved less than the broad market.
CONX Corp. currently has no substantial business operations. Its primary objective is to complete a strategic business combination, which could involve a merger, an exchange of capital stock, an acquisition of assets or shares, a stock purchase, or a corporate reorganization, with one or more existing enterprises or their holdings. The firm specifically intends to seek out a suitable target company operating within the technology, media, and telecommunications (TMT) sectors, placing particular emphasis on the wireless communications industry. This entity was established in 2020 and its headquarters are located in Littleton, Colorado.
CONX Corp. is most often compared with the following Financial Services names: