PreferredStockChannel

Slideshow Preferred Stock Offerings

By Preferred Stock Channel Staff, updated Sat, December 4, 2:00 AM

Slide #6. COMSovereign Holding Corp. Preferred Stock Offering

Company: COMSovereign Holding Corp. (NASDAQ:COMS)
Date announced: 10/27/2021
Shares Offered: 320,000
Date of Pricing: 10/27/2021
Price Per Share: $25.00
Preferred Stock Offering Details: COMSovereign Holding Corp. (NASDAQ: COMS and COMSP) ("COMSovereign" or the "Company"), a U.S.-based developer of 4G LTE Advanced and 5G communication systems and solutions today announced the pricing of its public offering of 320,000 shares of its 9.25% Series A Cumulative Redeemable Perpetual Preferred Stock (the "Series A Preferred Stock") at a price to the public of $25.00 per share. Gross proceeds from the offering are expected to be approximately $8 million, before deducting offering expenses. The underwriters have been granted a 30-day option to purchase up to 48,000 additional shares of Series A Preferred Stock from the Company, exercisable in whole or in part, solely to cover over-allotments, at the public offering price less the underwriting discount.

ComSovereign Holding is a provider of telecom solutions to network operators, mobile device carriers, governmental units and other enterprises. Co. has assembled a portfolio of communications, technologies, capabilities and products that enable the upgrading of latent 3G networks to 4G and 4G-LTE networks and will facilitate the rollout of the 5G and next-Generation networks of the future. Co. focuses on capabilities, including signal modulations, antennae, software, hardware and firmware technologies that enable data transmission across the radio-frequency spectrum. Co.'s product solutions are complemented by an array of services including technical support, systems design and integration.
Open the COMS Page at Preferred Stock Channel »

Name: 
ComSovereign Holding Corp
Website: 
www.droneaviationcorp.com
Sector: 
Aerospace & Defense
Number of ETFs Holding COMS: 
2 (see which ones)
Total Market Value Held by ETFs: 
$514,803
Total Market Capitalization: 
$86,000,000
% of Market Cap. Held by ETFs: 
0.60%
 

Open the COMS Page at Preferred Stock Channel (in a new window) »

Quotes delayed 20 minutes

Email EnvelopeFree COMS Email Alerts:
Get Dividend Alerts
Get SEC Filing Alerts

Strong Buy (4.00 out of 4)
93rd percentile
(ranked higher than approx. 93% of all stocks covered)
Based on data provided by Zacks Investment Research via Quandl.com
Top Ten Highest Yielding Preferred Stocks
Feel-Good Income: Socially Responsible Preferreds
Dividend Channel's 25 S.A.F.E. Dividend Stocks
Increasing Payments For Decades

Safer than S.A.F.E: Preferreds of Dividend Channel's
S.A.F.E. Dividend Stocks

Recent Preferred Stock Offerings
Preferred Stocks of Dow Components
Preferred Stocks of S&P 500 Components
Preferred Stocks By Industry
Preferred Stocks Where Insiders Are Buying The Common
High Yield Preferred Stocks
Preferreds Trading At Premiums To Liquidation Preference
Preferreds Trading At Discounts To Liquidation Preference
The Top 10 DividendRank'ed U.S. Stocks
The Top 10 DividendRank'ed Canadian Stocks
Top 25 Broker Analyst Picks of the S&P 500
Stock market game

Preferred Stock Offerings - Slide 6 of 573 | www.PreferredStockChannel.com

Copyright © 2010 - 2021, All Rights Reserved Nothing in Preferred Stock Channel is intended to be investment advice, nor does it represent the opinion of, counsel from, or recommendations by BNK Invest Inc. or any of its affiliates, subsidiaries or partners. None of the information contained herein constitutes a recommendation that any particular security, portfolio, transaction, or investment strategy is suitable for any specific person. All viewers agree that under no circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held liable for any loss or damage caused by your reliance on information obtained. By visiting, using or viewing this site, you agree to the following Full Disclaimer & Terms of Use and Privacy Policy. Video widget and videos powered by Market News Video. Quote data delayed at least 20 minutes; data powered by Ticker Technologies, and Mergent. Contact Preferred Stock Channel; Meet Our Editorial Staff.