Past year: ▲ 1%(31.17 – 41.78 USD)
Each one in plain English, with the numbers worked through for a shareholder.
17 Dec 2025capital raising announcement● Neutral
CNX confirmed that the December 15, 2025 exchange was completed on December 17, 2025. About $122.1 million of the 2.25% convertible notes were exchanged for 9,509,188 shares of common stock and about $0.8 million in cash (including accrued interest). The terms are unchanged from the earlier filing, so this simply finishes that deal.
16 Dec 2025capital raising announcement● NeutralMajor
On December 15, 2025, CNX agreed with a small group of holders of its 2.25% convertible notes due 2026 to swap about $122.1 million of the notes for 9,509,188 new shares plus about $0.8 million in cash (including accrued interest). This retires part of the convertible debt issued in 2020 ahead of its May 2026 maturity, and it adds new shares for existing shareholders to share the company with. The deal was expected to close around December 17, 2025.
4 May 2020capital raising announcement● NeutralMajor
CNX sold $300 million of 2.25% convertible senior notes due May 1, 2026, and the buyers took up an extra $45 million option on April 30, 2020, for $345 million in total. The notes can be converted into shares at about $12.84 per share, and the company can settle in cash, shares or a mix. CNX also paid about $35.7 million for capped call contracts meant to reduce dilution up to a cap price of $18.19. This is a new type of funding for CNX, which had previously relied on plain senior notes. The filing's text does not state what the proceeds will be used for beyond paying for the capped calls.
