IPO Year: 2022
Exchange: NASDAQ
Date | Price Target | Rating | Analyst |
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MARLBOROUGH, 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 India-based Energy-Management-as-a-Service (EMaaS) provider. The acquisition provides ConnectM with a strategic beachhead in India's booming distributed energy and telecommunications sectors, solidifying the Company's expansion into one of the world's fastest-growing clean energy and digital infrastructure markets. ConnectM beat out four other bidders in a compe
MARLBOROUGH, Mass., May 13, 2025 /PRNewswire/ -- 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: Dear ConnectM Stockholders, I want to thank you for your continued support and engagement as we navigate a pivotal chapter in our company's evolution. While we are disappointed by Nasdaq's sudden decision to suspend our trading, our vision, trajectory, and company fundamentals remain strong and we are undeterred by this setback
MARLBOROUGH, Mass., May 9, 2025 /PRNewswire/ -- 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: Dear ConnectM Community, As promised, I would like to provide some more details on my team's plan to regain compliance and re-list on Nasdaq. First, I want to reiterate that ConnectM's fundamentals have not changed. Our operations and growth prospects are as strong as ever. We have several appealing capital raise, organic, and
MARLBOROUGH, Mass., May 8, 2025 /PRNewswire/ -- 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: Dear ConnectM Community, As you may have noticed, Nasdaq suspended trading of our stock this morning. With the guidance of the nation's top Nasdaq Advisory consultant, we had a meeting with the Hearings Panel two weeks ago to discuss our plan to regain compliance under the Nasdaq market value of listed securities and timely fil
MARLBOROUGH, Mass., May 7, 2025 /PRNewswire/ -- 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). On December 13, 2024, the Company was notified by Nasdaq staff (the "Staff") that it was not in compliance
~ Omnichannel Digital Platform to Revolutionize Home and Building Electrification ~ ~ Within only two weeks of launch, 41 companies have expressed interest and 5 have already signed up, netting $300K in potential revenue ~ MARLBOROUGH, Mass., May 7, 2025 /PRNewswire/ -- 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
Transaction adds proven HVAC solutions leader to ConnectM's expanding constellation of brands MARLBOROUGH, Mass., May 6, 2025 /PRNewswire/ -- 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. Air Temp, which signif
Buy-Out Group now owns approximately 16.1 million shares of ConnectM common stock, representing approximately 31.4% of the Company's outstanding shares MARLBOROUGH, Mass., April 29, 2025 /PRNewswire/ -- 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.
MARLBOROUGH, Mass., April 23, 2025 /PRNewswire/ -- 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 for the fiscal year ended December 31, 2024 (the "2024 10-K"), was not filed with the SEC by the required due date.
MARLBOROUGH, Mass., April 22, 2025 /PRNewswire/ -- 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. A Schedule 13G filing indicates a significant passive investment by institutional or qualified investors. SRISID LLC is a member
MARLBOROUGH, 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 India-based Energy-Management-as-a-Service (EMaaS) provider. The acquisition provides ConnectM with a strategic beachhead in India's booming distributed energy and telecommunications sectors, solidifying the Company's expansion into one of the world's fastest-growing clean energy and digital infrastructure markets. ConnectM beat out four other bidders in a compe
Transaction adds proven HVAC solutions leader to ConnectM's expanding constellation of brands MARLBOROUGH, Mass., May 6, 2025 /PRNewswire/ -- 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. Air Temp, which signif
MARLBOROUGH, Mass., April 15, 2025 /PRNewswire/ -- 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. Following this latest acquisition, the Buy-Out Group comprising Win-Light, SriSid LLC, and A
Company Expected to Generate an Additional $15M of Revenue from the AMI Vertical by the End of 2027 Acquisition Bolsters ConnectM's Wireless Solutions for Smart Metering and Allows Expansion into Key Adjacent Markets TAM for the Global Advanced Metering Infrastructure Market Predicted to be North of $47 Billion by 2030 MARLBOROUGH, Mass., Jan. 27, 2025 (GLOBE NEWSWIRE) -- ConnectM Technology Solutions, Inc. (NASDAQ:CNTM) ("ConnectM" or the "Company"), a leader in the electrification economy, today announced the recent acquisition of MHz Invensys, a renowned developer of high-performing wireless communication products and solutions. ConnectM has entered an all-stock transaction in exchan
MARLBOROUGH, Mass., April 9, 2025 /PRNewswire/ -- 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. ThinkEquity will provide general capital markets advice, support strategic planning, and assist ConnectM and/or a special committee of its Board of Directors in evaluating the recently disclosed non-bin
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