Comtech announces $45 million strategic investment and exchange of convertible preferred stock

Melville, n.y.--(business wire)---- $cmtl #5g--january 22, 2024 -- comtech telecommunications corp. (nasdaq: cmtl) (“comtech” or the “company”), a leading global technology company providing terrestrial and wireless network solutions, next-generation 911 emergency services, satellite and space communications technologies, and cloud native capabilities, today announced a $45.0 million investment by current shareholders white hat capital partners lp (“white hat”), an investment firm focused on sustainable valu.
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