CONX Corp. Delays Quarterly Financial Report Due to Acquisition Accounting Challenges
Reuters
05/16
CONX Corp. Delays Quarterly Financial Report Due to Acquisition Accounting Challenges
CONX Corp. has announced a delay in filing its Quarterly Report on Form 10-Q for the period ending March 31, 2025. The company cited the recent acquisition of a majority equity interest in Red Technologies SAS as the reason for the delay, stating that the preparation of financial statements is not sufficiently advanced to provide a reasonable estimate of results. The delay was disclosed in a notification to the SEC.
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