---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-125995"
form_type: "8-K"
ticker: null
cik: "0001823000"
company_name: "CONX Corp."
filed_at: "2024-12-06T23:59:59+00:00"
generated_at: "2026-05-29T06:42:37.399604+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# CONX acquires controlling 68% stake in RED Technologies for up to €18.6M; warrant buyback authorized

## Summary
- Acquired ~68% of RED Technologies SAS for up to €18.6M cash; remainder to be acquired in future installments.
- Completed closing on Dec 5, 2024 for ~57.5% from investor sellers and ~10.6% initial founder closing.
- Appointed Marc Rouanne (ex-DISH Wireless CNO, ex-Nokia) to RED Technologies board.
- Board authorized warrant buyback program of up to $1.0M of public warrants (CNXXW) through Dec 31, 2024.

## SEC filing metadata
- accession: 0001104659-24-125995
- form_type: 8-K
- cik: 0001823000
- company_name: CONX Corp.
- filed_at: 2024-12-06T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 2.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1823000/000110465924125995/0001104659-24-125995-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1823000/000110465924125995/tm2430049d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-125995
- JSON: https://secwatch.observer/filing/0001104659-24-125995.json
- Plain text: https://secwatch.observer/filing/0001104659-24-125995.txt

## Key facts
- M&A Transactions
  CONX Corp. completed an acquisition involving RED Tech US, LLC for €9,000,000 (closed 2024-12-05).
  - Action: acquisition
  - Counterparty: RED Tech US, LLC
  - Consideration: €9,000,000
  - Closing: 2024-12-05
  source text: and conditions of the Investors Purchase Agreement, the total cash consideration for 100% of the Investor Sellers' shares payable by Buyer to the Investor Sellers at closing is €9,000,000, subject to customary adjustments. The Investors Purchase Agreement contains representations, warranties and covenants by the parties, conditions in favor of the parties and
  evidence_url: https://www.sec.gov/Archives/edgar/data/1823000/000110465924125995/0001104659-24-125995-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.