secwatch / observer

NEXTNAV INC. — fact timeline

Source-grounded facts extracted from NEXTNAV INC.'s SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.

NN NEXTNAV INC. JSON
Shareholder Votes

NEXTNAV INC. shareholders approved Ratify the appointment of Ernst & Young LLP as the Company's independent registered public accounting firm for the fiscal year ending December 31, 2026 at the 2026-05-21 meeting.

“Proposal 2. To ratify the appointment of Ernst & Young LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2026: Votes For Votes Against Votes Abstained 77,328,542 38,894 11,588”
Shareholder Votes

NEXTNAV INC. shareholders approved Election of ten director nominees to the Board at the 2026-05-21 meeting.

“Mariam Sorond 59,255,643 213,211 21,345,975 Bandel L. Carano 59,216,599 252,255 21,345,975 Lisa Hook 59,352,512 116,342 21,345,975 H. Wyman Howard III 58,042,657 1,426,197 21,345,975 Alan B. Howe 59,278,010 190,844 21,345,975 Jonathan A. Marcus 57,499,024 1,969,830 21,345,975 John B. Muleta 55,187,045 4,281,809 21,345,975 Nicola Palmer 53,848,483 5,620,371 21,345,975 Lorin Selby 59,371,658 97,196 21,345,975 Neil S. Subin 55,754,615 3,714,239 21,345,975”
Earnings Releases

NEXTNAV INC. reported financial results for quarter ended March 31, 2026.

“On May 14, 2026, NextNav Inc. issued a press release announcing its financial results for the three months ended March 31, 2026.”
Earnings Releases

NEXTNAV INC. reported financial results for the twelve months ended December 31, 2025.

“On March 17, 2026 , NextNav Inc. issued a press release announcing its financial results for the twelve months ended December 31, 2025.”
M&A Transactions

NEXTNAV INC. completed an acquisition involving Telesaurus Holdings GB LLC and Skybridge Spectrum Foundation (closed 2025-09-19).

“the transaction contemplated by the Asset Purchase Agreement, dated March 7, 2024, among the Company, its wholly owned subsidiary, Progeny LMS, LLC ("Progeny"), Telesaurus Holdings GB LLC ("Telesaurus"), and Skybridge Spectrum Foundation ("Skybridge"), closed on September 19, 2025”
M&A Transactions

NEXTNAV INC. completed an acquisition involving Telesaurus Holdings GB LLC and Skybridge Spectrum Foundation for aggregate purchase price of up to $50,000,000 (closed 2025-09-19).

“if granted, may reinstate additional M-LMS licenses previously owned by Skybridge and Telesaurus and terminated by the FCC in 2017, for an aggregate purchase price of up to $50,000,000, payable in cash and shares of common stock of the Company (together, the “Transaction”). A copy of the Agreement was filed as Exhibit 10.1 to the Company’s Quarterly Report on”

John Muleta was appointed as Lead Independent Director at NEXTNAV INC..

“In addition, John Muleta, who was appointed Lead Independent Director effective May 1, 2025, will receive a pro-rated cash payment of $20,000 for the same period.”

Lorin Selby was appointed as Director at NEXTNAV INC..

“approved compensation for Rear Admiral (Ret.) H. Wyman Howard III and Rear Admiral (Ret.) Lorin Selby in connection with their appointments to the Board, effective May 1, 2025.”

H. Wyman Howard III was appointed as Director at NEXTNAV INC..

“approved compensation for Rear Admiral (Ret.) H. Wyman Howard III and Rear Admiral (Ret.) Lorin Selby in connection with their appointments to the Board, effective May 1, 2025.”

Lorin Selby was appointed as Director at NEXTNAV INC..

“On April 11, 2025, the Board of Directors (the “Board”) of NextNav Inc. (the “Company”) increased the size of the Board from seven (7) directors to nine (9) directors and appointed each of Rear Admiral (Ret.) H. Wyman Howard III and Rear Admiral (Ret.) Lorin Selby, as a director to fill the resulting vacancies, effective May 1, 2025.”

H. Wyman Howard III was appointed as Director at NEXTNAV INC..

“On April 11, 2025, the Board of Directors (the “Board”) of NextNav Inc. (the “Company”) increased the size of the Board from seven (7) directors to nine (9) directors and appointed each of Rear Admiral (Ret.) H. Wyman Howard III and Rear Admiral (Ret.) Lorin Selby, as a director to fill the resulting vacancies, effective May 1, 2025.”

Nicola Palmer was appointed as director at NEXTNAV INC..

“On June 24 , 2024, the Board of Directors (the “Board”) of NextNav Inc. (the “Company”), following the recommendation of the Nominating and Corporate Governance Committee of the Board, increased the size of the Board from six (6) directors to seven (7) directors and appointed Nicola Palmer as a director to fill the resulting vacancy with her term expiring at the Company’s 202 5 annual meeting of stockholders and until her successor has been elected and qualified, subject, however, to her earlier death, resignation, retirement, disqualification or removal.”
Earnings Releases

NEXTNAV INC. reported the three months ended March 31, 2024 results: revenue $1.0 million, net income $31.6 million.

“On May 8, 2024 , NextNav Inc. issued a press release announcing its financial results for the three months ended March 31, 2024 . A full text of the press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference.”

Sanyogita Shamsunder was appointed as Chief Operating Officer at NEXTNAV INC..

“On May 7, 2024, NextNav Inc., a Delaware corporation (the “Company”), announced the appointment of Dr. Sanyogita Shamsunder as the Company’s Chief Operating Officer, effective as of May 9, 2024 (the “Effective Date”).”

David Knutson departed as Senior Vice President, Network Operations and Deployment at NEXTNAV INC..

“On March 11, 2024, the position of Senior Vice President, Network Operations and Deployment held by David Knutson was eliminated as a result of an internal organizational assessment.”
Earnings Releases

NEXTNAV INC. reported the three and twelve months ended December 31, 2023 results: revenue $1.2 million in the three months ended December 31, 2023, net income Net Loss : was $ 16.4 million in the three months ended December 31, 2023.

“NextNav Inc. issued a press release announcing its financial results for the three and twelve months ended December 31, 2023 .”
Material Agreements

NEXTNAV INC. entered into Asset Purchase Agreement with Telesaurus Holdings GB and Skybridge Spectrum Foundation valued at up to $50,000,000 (effective 2024-03-07).

“On March 7, 2024, NextNav Inc. (“NextNav”) and its wholly-owned subsidiary Progeny LMS, LLC (the “Company”) entered into an Asset Purchase Agreement (the “Agreement”) with Telesaurus Holdings GB (“Telesaurus”) and Skybridge Spectrum Foundation (“Skybridge”), pursuant to which the Company will acquire (1) Multilateration Location and Monitoring Service (“M-LMS”) licenses (the “Licenses”) issued by the Federal Communications Commission (the “FCC”) and (2) rights to a petition for reconsideration, dated December 20, 2017, which, if granted, may reinstate additional M-LMS licenses owned by Skybridge and Telesaurus and terminated by the FCC in 2017, for an aggregate purchase price of up to $50,000,000 paid in the form of cash and NextNav common stock”

John Muleta was appointed as Director at NEXTNAV INC..

“On January 16, 2024, the Board of Directors (the “Board”) of NextNav Inc. (the “Company”), following the recommendation of the Nominating and Corporate Governance Committee of the Board, increased the size of the Board from six (6) directors to seven (7) directors and on January 18, 2024, appointed John Muleta as a director to fill the resulting vacancy”

Mariam Sorond was appointed as President and Chief Executive Officer at NEXTNAV INC..

“On November 29, 2023, the Board appointed Mariam Sorond as the Company’s President and CEO and designated her as the Company’s principal executive officer, effective as of November 29, 2023.”

Ganesh Pattabiraman resigned as President and Chief Executive Officer at NEXTNAV INC..

“Ganesh Pattabiraman has resigned as the Company’s Chief Executive Officer (“CEO”) and from the Board of Directors (the “Board”) of the Company, effective as of November 29, 2023.”
Earnings Releases

NEXTNAV INC. reported the three and nine months ended September 30, 2023 results: revenue $ 1.0 million.

“expand its capabilities into additional U.S. markets upon completion of the initial phase. Three and Nine Months Ended September 30, 2023 , Financial Highlights: Revenue: was $ 1.0 million in the three months ended September 30, 2023 , as compared to $ 503,000 in the prior year period. The increase was primarily attributable to increased recurring service revenue”
Debt Financings

NEXTNAV INC. incurred senior notes of $20 million aggregate principal amount of 10.00% Senior Secured Notes due December 2026 with GLAS Trust Company, LLC at 10.00% maturing December 2026.

“binding commitments to purchase an additional $20 million aggregate principal amount of 10.00% Senior Secured Notes due December 2026”
Shareholder Votes

NEXTNAV INC. shareholders approved To ratify the appointment of Ernst & Young LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2023 at the 2023-05-18 meeting.

“Proposal 2. To ratify the appointment of Ernst & Young LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2023 : Votes For Votes Against Votes Abstained 89,924,926 558,670 1,709”
Shareholder Votes

NEXTNAV INC. shareholders approved To elect the six director nominees to the Board at the 2023-05-18 meeting.

“On May 1 8 , 2023 , NextNav Inc. (the “Company”) held its 2023 Annual Meeting of Stockholders (the “Meeting”). At the Meeting, the Company’s stockholders voted and: (1) elected each of the Company’s nominees for director to the Company’s Board of Directors (the “Board”); and (2) ratified the appointment of Ernst & Young LLP as the Company's independent registered public accounting firm for the fiscal year ending December 31, 2023 . Set forth below are the final voting results for each of the proposals submitted to a vote of the Company’s stockholders at the Meetin g . Proposal 1. To elect the s ix director nominees to the Board, each to serve until the Company’s 202 4 Annual Meeting of Stockholders or until such person’s successor is duly elected and qualified, subject to such person’s prior death, resignation, retirement, disqualification or removal from office. Nominee Votes For Votes Withheld Broker Non-Votes Gary M. Parsons 74,993,337 1 ,149,082 14,342, 886 Ganesh Pattabiraman 76,0”
Material Agreements

NEXTNAV INC. entered into Security Agreement with the Company, the Guarantors and the Notes Collateral Agent (effective 2023-05-09).

“The Notes are secured under a security agreement, dated as of May 9, 2023 (the “Security Agreement”), among the Company, the Guarantors and the Notes Collateral Agent.”
Material Agreements

NEXTNAV INC. entered into Indenture with certain subsidiaries of the Company named therein as notes guarantors (the “Guarantors”) and GLAS Trust Company, LLC, as trustee and notes collateral agent valued at $50,000,000 (effective 2023-05-09).

“The Notes were issued at an issue price of 100% of their principal amount pursuant to an indenture, dated as of May 9, 2023 (the “Indenture”), among the Company, certain subsidiaries of the Company named therein as notes guarantors (the “Guarantors”) and GLAS Trust Company, LLC, as trustee and notes collateral agent (the “Trustee” and “Notes Collateral Agent”).”
Material Agreements

NEXTNAV INC. entered into Note Purchase Agreement with certain Purchasers named therein valued at $50,000,000 (effective 2023-05-09).

“On May 9, 2023, NextNav Inc. (the “Company”) entered into a Note Purchase Agreement (the “NPA”) between the Company and certain Purchasers named therein pursuant to which the Company agreed to sell to the Purchasers, in a private placement (the “Private Placement”) pursuant to Section 4(a)(2) and Regulation D under the Securities Act of 1933, as amended (the “Securities Act”), (a) $50,000,000 in aggregate principal amount of its 10% Senior Secured Notes due 2026 (the “Notes”) and (b) certain common stock purchase warrants (the “Warrants”) to purchase shares of the Company’s common stock.”
Earnings Releases

NEXTNAV INC. reported the three months ended March 31, 2023 results: revenue $830 thousand, net income $16.3 million.

“services, indoor-outdoor timing, while remaining commercially deployable and cost-effective for end-users. Three Months Ended March 3 1 , 202 3 Financial Highlights Revenue: was $830 thousand in the three months ended March 31, 2023, as compared to $1.2 million in the prior year period. The decrease was driven by a decline in one-time integration revenue, partially”
Earnings Releases

NEXTNAV INC. reported three and twelve months ended December 31, 2022 results: revenue $803 thousand, net income $12.5 million.

“location data to validate drone flight safety at its Mountain View, California, facility. 1 Three and Twelve Months Ended December 3 1 , 2022 Financial Highlights Revenue: was $ 803 thousand in the three months ended December 3 1 , 2022, as compared to $ 20 thousand in the prior year period. For the twelve months ended December 31, 2022 , revenue was $3. 9 million,”
Earnings Releases

NEXTNAV INC. reported the three and nine months ended September 30, 2022 results: revenue $ 503 thousand in the three months ended September 30, 2022.

“On November 10, 2022 , NextNav Inc. issued a press release announcing its financial results for the three and nine months ended September 30, 2022.”
M&A Transactions

NEXTNAV INC. completed an acquisition involving the shareholders (the "Sellers") of Nestwave, SAS for enterprise value of $18.0 million (closed 2022-10-31).

“On October 31, 2022 (the “Closing Date”), NextNav Inc. (the “Company”) entered into a Share Transfer Agreement (the “Agreement”) with the shareholders (the “Sellers”) of Nestwave, SAS, a French société par actions simplifiée (“Nestwave”), pursuant to which the Company acquired all of the issued shares of Nestwave , for an enterprise value of $18.0 million with a gross consideration value of $19.3 million, as follows: · $4.3 million in cash, which is subject to customary adjustments in accordance with the Agreement; and · $15.0 million by issuance of 5.1 million shares of the Company’s common stock, par value $0.0001 per share (“Common Stock”), comprised of 4.0 million shares of Common Stock that were issued on the Closing Date (the “Closing Shares”) and 1.1 million Post-Closing Issued Shares (as described below).”
Material Agreements

NEXTNAV INC. entered into Share Transfer Agreement with the shareholders (the "Sellers") of Nestwave, SAS valued at enterprise value of $18.0 million with a gross consideration value of $19.3 million (effective 2022-10-31).

“On October 31, 2022 (the “Closing Date”), NextNav Inc. (the “Company”) entered into a Share Transfer Agreement (the “Agreement”) with the shareholders (the “Sellers”) of Nestwave, SAS, a French société par actions simplifiée (“Nestwave”), pursuant to which the Company acquired all of the issued shares of Nestwave , for an enterprise value of $18.0 million with a gross consideration value of $19.3 million”

Neil S. Subin was appointed as Director at NEXTNAV INC..

“the Board... appointed Neil S. Subin as a director with his term expiring at the Company’s 2023 annual meeting”

Peter J. Barris resigned as Director at NEXTNAV INC..

“Peter J. Barris notified NextNav Inc. (the “Company”) of his decision to resign from the board of directors of the Company (the “Board”) and all committees thereof, effective immediately.”

Mr. Fleming was elected as Director at NEXTNAV INC..

“In connection with his election to our board of directors, Mr. Fleming has waived his right to receive all cash and equity compensation for his service on our board.”

Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.