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30.06.26 - 22:03
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NextNav Completes Redemption of Warrants and Convertible Notes (Business Wire)
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RESTON, Va.--(BUSINESS WIRE)--NextNav Inc. (NASDAQ: NN) ("NextNav" or the "Company"), a leader in next-generation 3D Positioning, Navigation, and Timing (PNT) solutions, today announced the completion of two significant milestones: (i) the redemption of all outstanding public warrants (NASDAQ: NNAVW) (the “Warrants”); and (ii) the redemption of all outstanding 5.00% Senior Secured Convertible Notes due in 2028 (the “Notes”).
Through these transactions, NextNav received approximately $170 million in cash proceeds from Warrant exercises and extinguished all of the Notes.
These transactions were made possible by the sustained performance of NextNav's common stock (the “Common Stock”). The Company's right to execute each redemption was triggered by achievement and maintenance of certain Common Stock closing prices for at least 20 trading days within 30 trading day periods. In the case of the Warrants, that closing price was $18.00 per share, while the Notes required a closing...
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25.06.26 - 20:57
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NextNav Reminds Investors of Redemption of Public Warrants (Business Wire)
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Deadline for exercise of Warrants is June 26, 2026 at 5 p.m.RESTON, Va.--(BUSINESS WIRE)--NextNav Inc. (NASDAQ: NN) (“NextNav” or the “Company”) a leader in next generation positioning, navigation, and timing (PNT) and 3D geolocation, previously announced on May 27, 2026, that it will redeem all of its outstanding public warrants (NASDAQ: NNAVW) (the “Warrants”) to purchase shares of the Company's common stock (the “Common Stock”), at an exercise price of $11.50 per share. The Warrants will be redeemed at 5 p.m. New York City time on June 26, 2026 (the “Redemption Date”), for a redemption price of $0.01 per Warrant (the “Redemption Price”).
The Company wishes to remind any remaining holders of the Warrants that their Warrants may be exercised until 5 p.m. New York City time on Friday, June 26, 2026. Any unexercised Warrants outstanding as of 5 p.m. New York City time on the Redemption Date will be redeemed for the Redemption Price and will thereafter be cancelled and cease to be o...
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15.06.26 - 22:06
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NextNav Announces Redemption of 5.00% Senior Secured Convertible Notes (Business Wire)
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RESTON, Va.--(BUSINESS WIRE)--NextNav Inc. (NASDAQ: NN) (“NextNav or the “Company”) a leader in next-generation 3D positioning, navigation, and timing (PNT) solutions, today announced that it has delivered a notice of redemption for all of its outstanding 5.00% Senior Secured Convertible Notes due 2028 (the “Notes”).
The Notes will be redeemed on June 25, 2026 (the “Redemption Date”), at a price equal to 100% of their principal amounts, plus accrued but unpaid interest (the “Redemption Price”), in accordance with the terms of the governing Note documents.
Under the terms of the Notes, the Company is entitled to redeem the Notes if the closing price of NextNav's common stock exceeds 160% of the conversion price of the Notes for at least 20 trading days during any consecutive 30-trading-day period ending on, and including the trading day immediately preceding the date the Company provides notice of redemption. The Company has determined that these redemption conditions have been satisfied...
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27.05.26 - 14:33
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NextNav Announces Redemption of Public Warrants (Business Wire)
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RESTON, Va.--(BUSINESS WIRE)--NextNav Inc. (NASDAQ: NN) (“NextNav or the “Company”) a leader in next generation positioning, navigation, and timing (PNT) and 3D geolocation, today announced that it has delivered a notice of redemption for all of its outstanding public warrants (NASDAQ: NNAVW) (the “Warrants”) to purchase shares of the Company's common stock (the “Common Stock”) at an exercise price of $11.50 per share. The Warrants will be redeemed at 5 p.m. New York City Time on June 26, 2026 (the “Redemption Date”), for a redemption price of $0.01 per Warrant (the “Redemption Price”), in accordance with the terms of the Company's Amended and Restated Warrant Agreement dated as of October 28, 2021 (the “Warrant Agreement”).
Under the terms of the Warrant Agreement, the Company is entitled to redeem all of the Warrants if the last reported sale price of the Common Stock equals or exceeds $18.00 per share for any 20 trading days within a 30-trading day period ending on the third...
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14.05.26 - 22:06
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NextNav Inc. Reports First Quarter 2026 Results and Operational Highlights (Business Wire)
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RESTON, Va.--(BUSINESS WIRE)--NextNav Inc. (NASDAQ: NN) a leader in next generation positioning, navigation, and timing (PNT) and 3D geolocation, today reported its financial results and operational updates for the quarter ended March 31, 2026.
“As the FCC process continues, we are proactively addressing concerns, engaging constructively with key stakeholders, and reinforcing the strength of our technical foundation as we continue to deliver a resilient, future-proof terrestrial complement and backup to GPS,” said Mariam Sorond, CEO of NextNav. “At the same time, we are building momentum toward commercialization and seeing expanded interest across the broader ecosystem. We have full trust in an FCC framework that has, time and time again, successfully resolved spectrum matters more complex than ours.”
Operational Highlights
On May 14, 2026, NextNav announced it has joined the OCUDU Ecosystem Foundation, a collaborative initiative hosted by the Linux Foundation to advance open, secure, and interope...
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29.04.26 - 22:09
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NextNav Announces Date for First Quarter 2026 Earnings Call (Business Wire)
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RESTON, Va.--(BUSINESS WIRE)--NextNav Inc. (“NextNav”) [NASDAQ: NN], a leader in next generation positioning, navigation, and timing (PNT) and 3D geolocation, today announced that it will release its financial results for the first quarter ended March 31, 2026 after market close on Thursday, May 14, 2026, and will host a conference call on the same day at 5:00 PM ET to discuss its results.
Registration for the conference call can be completed by visiting the following website prior to, or on the day of, the conference call: https://events.q4inc.com/attendee/572943920. After registering, each participant will be provided with call details and a registrant ID. Reminders will also be sent to registered participants via email. Alternatively, the conference call will be available via a live webcast.
To access the live webcast or a replay, visit the Company's investor relations website at https://ir.nextnav.com/.
To receive replay details, please register through the link above. After registering for repla...
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