COMSovereign files Form S-3 Mixed “Shelf” Registration with the Securities and Exchange Commission


– Registration on the mixed board for the sale of up to $ 65 million in debt and / or equity to provide capital flexibility in support of continued production and product sales –

DALLAS, September 3, 2021 / PRNewswire / – COMSovereign Holding Corp. (NASDAQ: COMS) (“COMSovereign” or the “Company”), a US developer of 4G LTE Advanced and 5G communications systems and solutions, today announced the filing of a mixed record statement on Form S-3 with the Securities and Exchange Commission (SEC). Once declared effective by the SEC, the pending registration statement will allow the Company to sell until $ 65 million various types of securities over the next three years.

COMSovereign Holding Corp. (PRNewsfoto / COMSovereign Holding Corp.)

“During this year, COMSovereign has executed an aggressive growth plan and achieved several technological and production milestones while delivering on the promises of ‘Made in the United States‘4G LTE, 5G and air communications platforms designed for public and private network operators and the military. With the deposit of this mixed shelf, we benefit from significant financial flexibility and access to additional forms of growth capital, in particular non-dilutive instruments, as we do not plan to issue ordinary shares to current course levels. In addition, with this mixed shelf, we have the ability to secure the capital necessary to invest in our growth, to repay any debt incurred as it makes sense and to protect shareholder value, ”said Dan Hodges, Chairman and CEO of COMSovereign Holding Corp.

The securities store registration statement has been filed with the SEC but has not yet come into effect. Securities may not be sold, nor offers to buy may be accepted, until such time as the store registration statement takes effect under the Securities Act of 1933, as amended. Once declared effective by the SEC, the store registration statement will be in effect for a period of three years, or a shorter period during which the securities registered under the store registration statement have been issued or sold. .

The details of any future offering, as well as the prices and terms of such securities and the use of the proceeds of any particular offering, will be determined at the time of such offering and will be described in a prospectus supplement filed in connection with such offering. offer offer. Any offering of securities will be made only by way of a prospectus and a related prospectus supplement relating to such offering. A copy of the preliminary prospectus included in the registration statement can be obtained from the SEC’s website at www.sec.gov.

About COMSovereign Holding Corp.
COMSovereign Holding Corp. (Nasdaq: COMS) has assembled a portfolio of communications technology companies that improve connectivity across the network. By combining strategic acquisitions with organic research and development efforts, COMSovereign has built a US-based communications solutions provider capable of delivering end-to-end 4G LTE and 5G-NR telecommunications solutions to network operators. , businesses and governments. For more information on COMSovereign, please visit www.COMSovereign.com.

Forward-looking statements
Certain statements contained in this press release that are not historical facts are forward-looking statements that reflect management’s current expectations, assumptions and estimates regarding future economic performance and conditions, and involve risks and uncertainties that could result in so that actual results differ materially from those anticipated by statements made here. Forward-looking statements are generally identifiable by the use of forward-looking terminology such as “believe”, “expect”, “may”, “,” provided “,” target “,” see “,” potential ” , “Estimates”, “preliminary” or “anticipates” or the negative thereof or comparable terminology, or by a discussion of the strategy or objectives or other future events, circumstances, or effects. Additionally, forward-looking statements contained in this release include, but are not limited to, the impact of the current COVID-19 pandemic, which may limit access to facilities, customers, management, support staff. and professional advisors to the Company, and to develop and deliver advanced voice and data communication systems, demand for Company products and services, availability of parts and components for manufacturing products, economic conditions to United States and around the world, and the Company’s ability to recruit and retain executives, technicians and sales personnel. Further information relating to factors that may affect the Company’s results and forward-looking statements is disclosed in the Company’s filings with the SEC. The forward-looking statements contained in this press release are made as of the date of this press release, and the Company disclaims any intention or obligation, other than as required by law, to update or revise any forward-looking statement, whatsoever. either because of new information, future events or otherwise.

Contacts:

Steve gersten, director of investor relations
COMSovereign Holding Corp.
813-334-9745
[email protected]

Relations with external investors:
Chris Tyson, Executive Vice President
MZ Group – MZ North America
949-491-8235
[email protected]
www.mzgroup.us

and

Media Relations for COMSovereign Holding Corp. :
Michael glickman
MWGCO, Inc.
917-397-2272
[email protected]

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SOURCE COM Sovereign Holding Corp.


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