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ClosedPublished 6 Dec 2024

CONX CORP. /
Red Technologies

CONX takes controlling interest in Red Technologies SAS

Buy side: CONX CORP.
Buy sideCONX CORP.
Target: Red Technologies
TargetRed Technologies
Source · 6 Dec 2024Source-verified
See the source
Buy side: CONX CORP.
Buy sideCONX CORP.
Target: Red Technologies
TargetRed Technologies
01 / BuyerCONX CORP.
02 / TargetRed Technologies
Source-verified
01

What happened

CONX CORP. acquired approximately 68% of Red Technologies SAS’s outstanding share capital at closing through its wholly-owned subsidiary, RED Tech US, LLC. The remainder is to be acquired in future installments based on achievement of milestones.

The maximum purchase price is approximately EUR 18.6 million in cash, subject to certain adjustments. Red Technologies SAS specializes in spectrum-sharing technologies and services.

02

The source

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01
Source · Original source

CONX takes controlling interest in Red Technologies SAS

This document is the source for the companies, stage, figure and people on this page.

Source-verified
03

Timeline

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  1. Published by the source

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