COMSovereign Holding Corp. Extends 4G LTE/5G Networking Solution Portfolio with Closing of Virtual Network Communications, Inc. Acquisition

COMSovereign Holding Corp. (PRNewsfoto/COMSovereign Holding Corp.) Terms of the transaction include total consideration of approximately $19 million consisting of $3 million in cash – provided primarily by management members – and the issuance of common stock.