8-K
filed June 1, 2026, 8:56 AM ET
CIK 0001823000
M&A
confidence high
sentiment neutral
materiality 0.90
CONX Corp. to merge with HC2 Broadcasting; $105M loan, EchoStar option for 80.1% of HC2
CONX Corp.
- HC2 stockholders receive 25% of surviving entity; CONX gets 75% via Merger Sub interests.
- CONX commits $75M equity to HC2 post-closing; $105M bridge loan funded at 8% PIK, 1-year maturity.
- EchoStar can buy up to 80.1% of HC2 equity at fair value within 2 years.
- Closing conditions include FCC and HSR approvals; deadline Nov 29, 2026 with two extensions.
- Innovate (Seller) gets option to buy up to 15% of surviving entity at specified valuation.
Machine-readable event card
- schema_version
- secwatch.filing_event.v1
- accession
- 0001104659-26-068645
- form_type
- 8-K
- ticker
- null
- cik
- 0001823000
- company_name
- CONX Corp.
- filed_at
- 2026-06-01T12:56:34+00:00
- discovered_at
- 2026-06-01T13:00:00.524467+00:00
- generated_at
- 2026-06-01T13:00:32.002315+00:00
- sec_items
- ["1.01", "9.01"]
- event_type
- m_and_a
- sentiment
- neutral
- materiality_score
- 0.9
- calibrated_materiality_score
- 0.9
- confidence
- high
- secwatch_canonical_url
- https://secwatch.observer/filing/0001104659-26-068645
- json_url
- https://secwatch.observer/filing/0001104659-26-068645.json
- markdown_url
- https://secwatch.observer/filing/0001104659-26-068645.md
- text_url
- https://secwatch.observer/filing/0001104659-26-068645.txt
- edgar_index_url
- https://www.sec.gov/Archives/edgar/data/1823000/000110465926068645/0001104659-26-068645-index.htm
- edgar_primary_document_url
- https://www.sec.gov/Archives/edgar/data/1823000/000110465926068645/tm2616069d1_8k.htm
- generated_by_model
- deepseek-v4-flash:cloud@v2
- review_status
- machine_generated
- human_reviewed
- false
- corrected
- false
- correction_note
- null
- correction_timestamp
- null
- superseded_by
- null
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