secwatch.observer — SEC 8-K summary
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Issuer:     Anterix Inc. (ATEX)
CIK:        0001304492
Form:       8-K
Filed at:   2023-11-13T23:59:59+00:00
Accession:  0001304492-23-000060
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Anterix Q2 FY2024: $7.3M gain from SDG&E license sale, $10.7M buyback, 16 utilities in DI threshold
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- Cash $48.5M at Sept 30; transferred San Diego broadband license to SDG&E, recorded $7.3M gain.
- Exchanged narrowband for broadband licenses in 5 counties, recorded $8.5M gain; incurred $4.9M clearing costs.
- Repurchased $10.7M of ATEX stock during Q2.
- 16 utilities crossed DI threshold (~$900M potential proceeds); $3B+ total pipeline potential.
- ~$500M potential proceeds in Phase 3 (negotiation/commitment); ~$240M already contracted.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1304492/000130449223000060/0001304492-23-000060-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1304492/000130449223000060/atex-20231113.htm
  HTML page:      https://secwatch.observer/filing/0001304492-23-000060

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