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ConnectM Technology Solutions, Inc. (CNTM)

0.2460

+0.0130

+(5.58%)

At close: June 12 at 8:00:00 PM EDT

ConnectM Provides Update to Stockholders on Buyout Group’s Offer

MARLBOROUGH, Mass., June 02, 2025 (GLOBE NEWSWIRE) -- ConnectM Technology Solutions, Inc. (OTC: CNTM) (“ConnectM” or the “Company”), a high-growth technology company on the leading edge of the modern energy economy, today issued an update to its stockholders regarding the recent buyout offer by a group of longstanding stockholders. ConnectM received a letter from Optimax Solutions Inc., on behalf of SriSid LLC, Arumilli LLC, and Win-Light Global Co Ltd (collectively, the “Buyout Group”), informi

GlobeNewswire 12 days ago

CNTM
+5.58%
ConnectM completes acquisition of Cambridge Energy Resources

ConnectM (CNTM) Technology Solutions announced it has secured regulatory approval and completed the acquisition of Cambridge Energy Resources Ltd., an India-based Energy-Management-as-a-Service provider. ConnectM said it beat out four other bidders in a competitive process to acquire CER in 2021 for INR 120 million, or $1.4M, which has fair value assessment at INR 240 million, or $2.8M. Since winning the bid in 2021, it took an additional three years to obtain the necessary regulatory approvals,

TipRanks 29 days ago

CNTM
+5.58%
ConnectM Completes Acquisition of Cambridge Energy Resources, Strengthening Foothold in India

Acquisition broadens ConnectM’s service offerings into India’s high-growth distributed energy and telecom sectors, advancing the Company’s global expansion strategyMARLBOROUGH, Mass., May 15, 2025 (GLOBE NEWSWIRE) -- ConnectM Technology Solutions, Inc. (OTC: CNTM) (“ConnectM” or the “Company”), a high-growth technology company on the leading edge of the energy economy, today announced it has secured regulatory approval and completed the acquisition of Cambridge Energy Resources Ltd. (CER), an In

GlobeNewswire 30 days ago

CNTM
+5.58%
ConnectM Stockholder Update - Path Forward & Strategic Milestones

ConnectM Technology Solutions, Inc. (OTC: CNTM) ("ConnectM" or the "Company"), a high-growth technology company on the leading edge of the energy economy, today issued the following letter to shareholders:

PR Newswire last month

CNTM
+5.58%
ConnectM Provides Update from CEO

ConnectM Technology Solutions, Inc. (OTC: CNTM) ("ConnectM" or the "Company"), a high-growth technology company on the leading edge of the energy economy, today issued the following letter to shareholders:

PR Newswire last month

CNTM
+5.58%
ConnectM Issues Letter to Stockholders

ConnectM Technology Solutions, Inc. (OTC: CNTM) ("ConnectM" or the "Company"), a high-growth technology company on the leading edge of the energy economy, today issued the following letter to shareholders:

PR Newswire last month

CNTM
+5.58%
ConnectM Regains Compliance with Nasdaq Listing Requirement

ConnectM Technology Solutions, Inc. (Nasdaq: CNTM) ("ConnectM" or the "Company"), a high-growth technology company on the leading edge of the energy economy, today announced that it has received formal notice from the Nasdaq Stock Market LLC ("Nasdaq") confirming that the Company has regained compliance with the minimum market value of publicly held shares ("MVPHS") requirement set forth in Nasdaq Listing Rule 5450(b)(1)(C).

PR Newswire last month

CNTM
+5.58%
ConnectM Launches Keen-Connect Omnichannel Marketplace at Trump Mar-a-Lago

ConnectM Technology Solutions, Inc. (Nasdaq: CNTM) ("ConnectM" or the "Company"), a high-growth technology company powering the next generation of electrified equipment, mobility, and distributed energy, today announced the launch of its revolutionary Keen-Connect Marketplace at an exclusive investor and partner event held at Trump Mar-a-Lago. This all-digital omnichannel platform aims to transform how electrification services are marketed, sold, and installed by creating unprecedented business

PR Newswire last month

CNTM
+5.58%
ConnectM Announces Acquisition of Air Temp, Strengthening Owned Service Network

ConnectM Technology Solutions, Inc. (Nasdaq: CNTM) ("ConnectM" or the "Company"), a high-growth technology company powering the next generation of electrified equipment, mobility, and distributed energy, today announced the acquisition of all the assets of Air Temp Service Co. ("Air Temp"), a leading provider of heating and cooling solutions in New Jersey, in exchange for 1.5 million shares of ConnectM common stock.

PR Newswire last month

CNTM
+5.58%
ConnectM Provides Update on $1.60 per Share Buy-Out Offer

ConnectM Technology Solutions, Inc. (Nasdaq: CNTM) ("ConnectM" or the "Company"), a high-growth technology company on the leading edge of the energy economy, today announced an update regarding the ownership positions of the investor group (the "Buy-Out Group") that submitted a non-binding proposal on March 31, 2025, to acquire all remaining outstanding shares of ConnectM at a cash price of $1.60 per share.

PR Newswire last month

CNTM
+5.58%
ConnectM Receives Nasdaq Notice on Late Filing of its Form 10-K

ConnectM Technology Solutions, Inc. (Nasdaq: CNTM) ("ConnectM" or the "Company"), a high-growth technology company on the leading edge of the energy economy, today announced it received a notice (the "Letter") from Nasdaq on April 17, 2025, notifying the Company that it is not in compliance with the Securities and Exchange Commission (the "SEC") periodic reporting requirements for continued listing, as set forth in Nasdaq Listing Rule 5250(c)(1), because the Company's Annual Report on Form 10-K

PR Newswire last month

CNTM
+5.58%
SRISID LLC Increases Position to 7.55M Shares of ConnectM, Representing 15.1% of the Company's Outstanding Common Stock

ConnectM Technology Solutions, Inc. (Nasdaq: CNTM) ("ConnectM" or the "Company"), a high-growth technology company on the leading edge of the energy economy, today announced that SRISID LLC, an institutional investor, has filed an additional Schedule 13G with the Securities and Exchange Commission, disclosing ownership of 7,553,664 shares, or approximately 15.1% of ConnectM's outstanding common stock.

PR Newswire last month

CNTM
+5.58%
ConnectM Retires Additional $9M Debt in April, Reducing Annual Interest Expense by 90%

ConnectM Technology Solutions, Inc. (Nasdaq: CNTM) ("ConnectM" or the "Company"), a high-growth technology company on the leading edge of the energy economy, today announced that the Company has retired an additional $9 million of debt since March 31, 2025. Since going public on July 15, 2024, ConnectM has eliminated $40 million in liabilities, bringing total outstanding debt to less than $8.0 million.

PR Newswire last month

CNTM
+5.58%
Win-Light Global Acquires an Additional 1,479,890 ConnectM Shares, Boosting Buy-Out Group's Holdings to 24.5% of Shares Outstanding

ConnectM Technology Solutions, Inc. (NASDAQ: CNTM) ("ConnectM" or the "Company"), a high-growth technology company on the leading edge of the energy economy, today announced that Win-Light Global Co. Ltd. ("Win-Light"), one of ConnectM's largest stockholders and a member of the investor group that initiated a buy-out offer on March 31, 2025 (the "Buy-Out Group"), has acquired an additional 1,479,890 shares of the Company's common stock.

PR Newswire last month

CNTM
+5.58%
ConnectM Confirms $62M Increased Implied Equity Value with Buy-Out Group

ConnectM Technology Solutions, Inc. (Nasdaq: CNTM) ("ConnectM" or the "Company"), a high-growth technology company on the leading edge of the energy economy, today announced further communications with the investor group that initiated a buy-out offer on March 31, 2025 (the "Buy-Out Group").

PR Newswire 2 months ago

CNTM
+5.58%
ConnectM Retains ThinkEquity as Financial Advisor to Support Evaluation of $46.5M Stockholder Buy-Out Offer

ConnectM Technology Solutions, Inc. (Nasdaq: CNTM) ("ConnectM" or the "Company"), a high-growth technology company on the leading edge of the energy economy, today announced the appointment of ThinkEquity, a boutique investment bank specializing in capital markets and M&A advisory, to serve as its non-exclusive financial advisor.

PR Newswire 2 months ago

CNTM
+5.58%
3.5% Stake Acquired by Another Institutional Investor in ConnectM, Increasing Total Institutional Ownership to 49.9%

ConnectM Technology Solutions, Inc. (Nasdaq: CNTM) ("ConnectM" or the "Company"), a high-growth technology company on the leading edge of the energy economy, today announced that Subrahmanyam Kota IRRV Trust, an institutional investor, has filed a Schedule 13G with the Securities and Exchange Commission (SEC), disclosing ownership of 1,023,038 shares, or approximately 3.5% of ConnectM's outstanding common stock.

PR Newswire 2 months ago

CNTM
+5.58%
ConnectM Board to Evaluate $46.5 Million Buy-Out Offer

ConnectM Technology Solutions, Inc. (Nasdaq: CNTM) ("ConnectM" or the "Company"), a high-growth technology company on the leading edge of the energy economy, yesterday announced that it has received a non-binding proposal offering $1.60 per share in cash from its three largest institutional investors—SriSid LLC, Arumilli LLC, and Win-Light Global Co. Ltd.—to acquire all remaining outstanding shares of the Company and transition ConnectM into a privately held entity (implying a $46.5 million equi

PR Newswire 2 months ago

CNTM
+5.58%
ConnectM Receives $1.60 Per Share Buyout Offer from its Three Largest Institutional Investors

ConnectM Technology Solutions, Inc. (Nasdaq: CNTM) ("ConnectM" or the "Company"), a high-growth technology company on the leading edge of the energy economy, today announced that it has received a non-binding proposal offering $1.60 per share in cash from its three largest institutional investors—SriSid LLC, Arumilli LLC, and Win-Light Global Co. Ltd.—to acquire all remaining outstanding shares of the Company and transition ConnectM into a privately held entity.

PR Newswire 2 months ago

CNTM
+5.58%
ConnectM Secures Landmark Home and Building Electrification Project in India, Marking Strategic International Expansion

ConnectM Technology Solutions, Inc. (Nasdaq: CNTM) ("ConnectM" or the "Company"), a high-growth technology company on the leading edge of the energy economy, today announced it has been awarded its first Home and Building Electrification (HBE) project in India through a strategic partnership with Zenith Energy Services Pvt. Ltd.

PR Newswire 2 months ago

CNTM
+5.58%

Performance Overview

Return	CNTM	S&P 500 (^GSPC)
YTD	-79.67%	+1.62%
1-Year	-97.83%	+10.00%
3-Year	-97.50%	+59.40%

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ConnectM Technology Solutions, Inc. (CNTM)

ConnectM Provides Update to Stockholders on Buyout Group’s Offer

ConnectM completes acquisition of Cambridge Energy Resources

ConnectM Completes Acquisition of Cambridge Energy Resources, Strengthening Foothold in India

ConnectM Stockholder Update - Path Forward & Strategic Milestones

ConnectM Provides Update from CEO

ConnectM Issues Letter to Stockholders

ConnectM Regains Compliance with Nasdaq Listing Requirement

ConnectM Launches Keen-Connect Omnichannel Marketplace at Trump Mar-a-Lago

ConnectM Announces Acquisition of Air Temp, Strengthening Owned Service Network

ConnectM Provides Update on $1.60 per Share Buy-Out Offer

ConnectM Receives Nasdaq Notice on Late Filing of its Form 10-K

SRISID LLC Increases Position to 7.55M Shares of ConnectM, Representing 15.1% of the Company's Outstanding Common Stock

ConnectM Retires Additional $9M Debt in April, Reducing Annual Interest Expense by 90%

Win-Light Global Acquires an Additional 1,479,890 ConnectM Shares, Boosting Buy-Out Group's Holdings to 24.5% of Shares Outstanding

ConnectM Confirms $62M Increased Implied Equity Value with Buy-Out Group

ConnectM Retains ThinkEquity as Financial Advisor to Support Evaluation of $46.5M Stockholder Buy-Out Offer

3.5% Stake Acquired by Another Institutional Investor in ConnectM, Increasing Total Institutional Ownership to 49.9%

ConnectM Board to Evaluate $46.5 Million Buy-Out Offer

ConnectM Receives $1.60 Per Share Buyout Offer from its Three Largest Institutional Investors

ConnectM Secures Landmark Home and Building Electrification Project in India, Marking Strategic International Expansion

Performance Overview