Comtech Announces $45 Million Strategic Investment and Exchange of Convertible Preferred Stock

January 22, 2024 – Comtech Telecommunications Corp. announced a $45.0 million investment by current shareholders White Hat Capital Partners LP (“White Hat”), an investment firm focused on sustainable value creation in technology companies serving mission-critical applications, and funds affiliated with Magnetar, a leading alternative investment manager with over $14 billion of assets under management. In…