secwatch.observer — SEC 8-K summary
======================================

Issuer:     Anterix Inc. (ATEX)
CIK:        0001304492
Form:       8-K
Filed at:   2024-08-06T23:59:59+00:00
Accession:  0001304492-24-000102
Event type: other_material
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Anterix signs $102.5M spectrum agreement with Oncor; cash $51.7M; pipeline ~$3B
-------------------------------------------------------------------------------

- Executed $102.5M spectrum sale with Oncor Electric; $10M received in June 2024.
- Cash and equivalents $51.7M at June 30, 2024; $2.0M returned via share repurchases.
- Signed contracts total ~$375M; remaining pipeline ~$3B in prospective opportunities.
- 18 utilities above DI threshold representing ~$1B in potential contracted proceeds.
- Spectrum clearing investment $5.4M; gain on license exchange $0.1M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1304492/000130449224000102/0001304492-24-000102-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1304492/000130449224000102/atex-20240806.htm
  HTML page:      https://secwatch.observer/filing/0001304492-24-000102

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