NextNav Inc. /
Telesaurus Holdings GB LLC
NextNav completes asset purchase transaction
Source for the buyer and target: NextNav Inc.
For the buyer and target.
“As disclosed in the Current Report on Form 8-K of NextNav Inc. (the “Company”) filed on September 25, 2025 , 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 (the “Closing”).”
Published 26 Sep 2025
Open the sourceWhat happened
NextNav Inc. reported that a transaction under an Asset Purchase Agreement involving its subsidiary Progeny LMS, LLC, Telesaurus Holdings GB LLC and Skybridge Spectrum Foundation closed on Sept. 19, 2025. [01]
The filing does not state a transaction value or describe the acquired assets. [01]
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NextNav completes asset purchase transaction
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“NextNav completes asset purchase transaction NextNav Inc. reported that a transaction under an Asset Purchase Agreement involving its subsidiary Progeny LMS, LLC, Telesaurus Holdings GB LLC and Skybridge Spectrum Foun…”
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