---
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"
generated_at: "2026-06-01T13:00:32.002315+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.9
calibrated_materiality_score: 0.9
confidence: "high"
source: SEC EDGAR
---

# CONX Corp. to merge with HC2 Broadcasting; $105M loan, EchoStar option for 80.1% of HC2

## Summary
- 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.

## SEC filing metadata
- accession: 0001104659-26-068645
- form_type: 8-K
- cik: 0001823000
- company_name: CONX Corp.
- filed_at: 2026-06-01T12:56:34+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.9
- calibrated_materiality_score: 0.9
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1823000/000110465926068645/0001104659-26-068645-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1823000/000110465926068645/tm2616069d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-26-068645
- JSON: https://secwatch.observer/filing/0001104659-26-068645.json
- Plain text: https://secwatch.observer/filing/0001104659-26-068645.txt

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