Professional
Added to YB: 2024-01-26
Pitch date: 2024-01-26
NN [bullish]
NextNav Inc.
+243.85%
current return
Author Info
No bio for this author
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Company Info
NextNav Inc. provides next generation positioning, navigation, and timing (PNT) solutions in the United States.
Market Cap
$1.6B
Pitch Price
$3.74
Price Target
N/A
Dividend
N/A
Sector
Software
Category
special_situation
Laughing Water Capital new position - $NN
$NN owns 8MHz 900MHz spectrum, pursuing GPS biz but real value may be in repurposing for 5G broadband. Paid <$0.30/MHz-pop vs $2-7 comps. Involved parties have history of successful spectrum investments. Upcoming FCC filing to split spectrum could drive dramatic re-rating.
Read full article (5 min)