secwatch.observer — SEC 8-K summary
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Issuer:     Anterix Inc. (ATEX)
CIK:        0001304492
Form:       8-K
Filed at:   2023-08-02T23:59:59+00:00
Accession:  0001304492-23-000042
Event type: earnings
Sentiment:  neutral
Materiality: 0.50
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Anterix reports Q1 FY2024: Cash $29M, spectrum sale $30M, 15 utilities above DI threshold
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- Cash and cash equivalents $29.0M at June 30, 2023; cash used in ops $8.2M.
- Entered $30M spectrum sale agreement with Lower Colorado River Authority.
- Exchanged narrowband for broadband licenses in 9 counties; $10.8M gain on exchange.
- 15 utilities above Demonstrated Intent threshold, representing >$850M potential proceeds.
- Total pipeline potential contracted proceeds >$3B; ~$500M in Phase 3.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1304492/000130449223000042/0001304492-23-000042-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1304492/000130449223000042/atex-20230802.htm
  HTML page:      https://secwatch.observer/filing/0001304492-23-000042

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer