Business Context and Reporting Period
Company: Anterix Inc.
Filing Type: Form 8-K (Current Report)
Date of Report: March 25, 2026
Event Date: March 25, 2026
Reporting Period: Specific event reporting; not a periodic financial report.
Key Financial Metrics
The filing text does not provide specific values for revenue, profit, cash flow, margins, debt, or liquidity. This report focuses on a specific corporate transaction rather than periodic financial performance.
Material Changes and Events
- Spectrum License Sale: On March 25, 2026, Anterix Inc.'s wholly-owned subsidiary, PDV Spectrum Holding Company, LLC ("PDV"), entered into a spectrum license sale agreement with Texas-New Mexico Power ("TNMP").
- Asset Details: The agreement involves the sale of a 900 MHz broadband license covering portions of Brazoria and Galveston counties in Texas.
- Documentation: The Company issued a press release and a Fact Sheet detailing the material terms of the agreement, filed as Exhibits 99.1 and 99.2.
Guidance, Outlook, and Risks
The filing text does not provide updated financial guidance, management commentary on future outlook, specific risk factors, or contingencies related to this transaction. The report strictly discloses the execution of the TNMP Agreement.
Investor Verification Checklist
- Review the Press Release (Exhibit 99.1) and Fact Sheet (Exhibit 99.2) for the specific sale price and payment terms of the spectrum license.
- Verify the exact geographic boundaries of the 900 MHz license in Brazoria and Galveston counties.
- Confirm the expected closing date and any regulatory approvals required for the transfer of the license.
- Assess the impact of this asset sale on the Company's future spectrum portfolio and recurring revenue streams.