~ Conversion Reduces Annual Interest Expense by $1.8 Million Transferring to Free Cash Flow of Equal Value ~ MARLBOROUGH, Mass., Sept. 17, 2024 (GLOBE NEWSWIRE) -- ConnectM Technology Solutions, Inc. (NASDAQ:CNTM) ("ConnectM" or the "Company"), a technology company focused on the electrification economy, today announced the Company has completed more than half of its initial tranche of a debt-to-equity swap by converting $7.5 million of the Company's outstanding debt to common equity at $2.00 per share. This action begins a series of balance sheet deleveragings as ConnectM seeks to maximize value for shareholders. Today's transaction executes on the previously announced approval from
Opens Trading Window for Management MARLBOROUGH, Mass., Aug. 28, 2024 (GLOBE NEWSWIRE) -- ConnectM Technology Solutions, Inc. (NASDAQ:CNTM) ("ConnectM" or the "Company"), a technology company focused on the electrification economy, today announced that the Company's Board of Directors has approved a debt equity swap to deleverage the balance sheet, converting up to $15 million of the Company's outstanding debt to common equity at $2.00 per share. In addition to the Board's approval of the debt-to-equity conversion, the Board approved a trading policy for the Company's officers and directors, opening a window for share purchases by management, beginning today, August 28, 2024. About Conne
~ Investor Presentation Now Accessible Via Investor Relations Website and on File with SEC ~ ~ Highlights Asset Light and Capital Efficient Energy Intelligence Network ~ MARLBOROUGH, Mass., Aug. 22, 2024 (GLOBE NEWSWIRE) -- ConnectM Technology Solutions, Inc. (NASDAQ:CNTM) ("ConnectM" or the "Company"), a technology company focused on the electrification economy, today published its investor presentation to the Company's investor relations website, which can be accessed here. The Company's investor presentation has also been filed with the Securities and Exchange Commission ("SEC") available at www.sec.gov. The investor presentation highlights ConnectM as an asset light and capital effi
Shares of Match Group, Inc. (NASDAQ:MTCH) rose sharply in today's pre-market trading. Starboard Value has taken a keen interest in Match Group. The hedge fund has accumulated a stake of over 6.5% in the online dating company and is advocating for a potential sale if the company's performance does not improve, The Wall Street Journal reported on Monday, citing people familiar with the matter. Match Group shares jumped 8% to $34.56 in pre-market trading. Here are some other stocks moving in pre-market trading. Gainers Conduit Pharmaceuticals Inc. (NASDAQ:CDT) gained 89.8% to $0.4556 in pre-market trading after declining over 8% on Monday. Meiwu Technology Company Limited (NA
SC 13G/A - ConnectM Technology Solutions, Inc. (0001895249) (Subject)
4 - ConnectM Technology Solutions, Inc. (0001895249) (Issuer)
4 - ConnectM Technology Solutions, Inc. (0001895249) (Issuer)
4 - ConnectM Technology Solutions, Inc. (0001895249) (Issuer)
4 - ConnectM Technology Solutions, Inc. (0001895249) (Issuer)
4 - ConnectM Technology Solutions, Inc. (0001895249) (Issuer)
4 - ConnectM Technology Solutions, Inc. (0001895249) (Issuer)
8-K - ConnectM Technology Solutions, Inc. (0001895249) (Filer)
8-K - ConnectM Technology Solutions, Inc. (0001895249) (Filer)
8-K - ConnectM Technology Solutions, Inc. (0001895249) (Filer)