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ConnectM Board to Evaluate $46.5 Million Buy-Out Offer
Prnewswire· 2025-04-03 20:00
MARLBOROUGH, Mass., April 3, 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, 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 ...
ConnectM Receives $1.60 Per Share Buyout Offer from its Three Largest Institutional Investors
Prnewswire· 2025-04-02 20:00
MARLBOROUGH, Mass., April 2, 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 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 ent ...
ConnectM Secures Landmark Home and Building Electrification Project in India, Marking Strategic International Expansion
Prnewswire· 2025-03-27 04:01
First of several expected India projects adds near-term revenue and accelerates ConnectM's global electrification roadmap MARLBOROUGH, Mass., March 26, 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 has been awarded its first Home and Building Electrification (HBE) project in India through a strategic partnership with Zenith Energy Services Pvt. Ltd. The proj ...
ConnectM Issues Stockholder Letter from CEO & Chairman
Prnewswire· 2025-03-25 20:00
MARLBOROUGH, Mass., March 25, 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 issued the following letter to stockholders from Bhaskar Panigrahi, Chief Executive Officer and Chairman:Dear Valued ConnectM Stockholders, Image1 - Graph Image2 - Flywheel Image3 - AGVU As we mark our first eight months as a publicly traded company, I am pleased to share our significant a ...
13.4% Stake Acquired by Another Institutional Investor in ConnectM, Bringing Total Institutional Ownership to 46.4%
Prnewswire· 2025-03-25 04:01
文章核心观点 机构投资者SRISID LLC对ConnectM进行重大被动投资,反映出对公司战略方向和未来前景的信心 [1][2] 分组1:投资情况 - SRISID LLC向美国证券交易委员会提交Schedule 13G文件,披露持有ConnectM 3893680股普通股,约占已发行普通股的13.4% [1] - SRISID LLC投资后,ConnectM的机构持股总数占公司已发行股份的46.4% [2] 分组2:公司介绍 - ConnectM是能源经济前沿的高增长科技公司,旗下公司为下一代电气化设备、移动性和分布式能源提供支持,助力向现代能源经济更快、更智能转型 [1][3] - 公司为住宅和轻型商业服务提供商及原始设备制造商提供专有能源智能网络平台,加速向全电动供暖、制冷和交通转型 [3] - 公司利用技术、数据、人工智能和行为经济学,旨在降低全球能源成本并减少碳排放 [3]
7.4% Stake Acquired by Another Institutional Investor in ConnectM, Bringing Total Institutional Ownership to 33%
Prnewswire· 2025-03-20 04:01
文章核心观点 机构投资者ARUMILLI LLC对ConnectM进行重大被动投资,反映出对公司战略方向和未来前景的信心 [1][2] 分组1:投资情况 - ARUMILLI LLC向美国证券交易委员会提交Schedule 13G文件,披露持有ConnectM 2121800股普通股,约占已发行普通股的7.4% [1] - ARUMILLI LLC的投资代表其在ConnectM拥有重要股权,此次投资后,ConnectM的机构持股比例达33% [2] 分组2:公司介绍 - ConnectM是一家处于电气化经济前沿的高增长科技公司,旗下公司为下一代电动设备、移动出行和分布式能源提供支持,助力向现代能源经济转型 [3] - 公司为住宅和轻型商业服务提供商及原始设备制造商提供专有能源智能网络平台,以加速向全电动供暖、制冷和交通转型,旨在降低全球能源成本并减少碳排放 [3]
ConnectM to Present at the 37th Annual ROTH Conference
Prnewswire· 2025-03-17 20:00
MARLBOROUGH, Mass., March 17, 2025 /PRNewswire/ -- ConnectM Technology Solutions, Inc. (Nasdaq: CNTM) ("ConnectM" or the "Company"), a high-growth technology company on the leading edge of the electrification economy, will participate in the 37th Annual ROTH Conference being held March 16 to March 18, at the Laguna Cliffs Marriott Resort in Dana Point, California.ConnectM management will host one-on-one investor meetings during the event and will be available to hold meetings throughout the Los Angeles area ...
ConnectM Announces Institutional Investor Filing of Schedule 13G, Representing 6.9% of Outstanding Shares
Prnewswire· 2025-03-15 01:00
文章核心观点 机构投资者Win - Light Global Co. Ltd.对ConnectM Technology Solutions进行重大被动投资,反映出对该公司战略方向和未来前景的信心 [1][2] 分组1:投资情况 - Win - Light Global Co. Ltd.向美国证券交易委员会提交Schedule 13G文件,披露持有ConnectM约1995126股流通普通股,占比约6.9% [1] - Schedule 13G文件表明机构或合格投资者进行重大被动投资,该投资体现对ConnectM的重要持股 [2] 分组2:公司介绍 - ConnectM是推动下一代电气化设备、移动性和分布式能源发展的公司,助力向现代能源经济更快、更智能转型 [3] - 公司为住宅和轻型商业服务提供商及原始设备制造商提供专有能源智能网络平台,加速向全电动供暖、制冷和交通转型 [3] - 公司利用技术、数据、人工智能和行为经济学,旨在降低全球能源成本并减少碳排放 [3]
ConnectM Announces $10 Million Share Repurchase Program
Prnewswire· 2025-03-13 21:00
MARLBOROUGH, Mass., March 13, 2025 /PRNewswire/ -- ConnectM Technology Solutions, Inc. (Nasdaq: CNTM) ("ConnectM" or the "Company"), a high-growth technology company on the leading edge of the electrification economy, today announced that its Board of Directors has authorized a share repurchase program of up to $10 million or 10 million shares of its common stock, whichever is lower. This initiative underscores the Company's confidence in its financial strength, long-term growth strategy, and commitment to ...
ConnectM Announces Continued Strong Growth and Expanding Market Share
Prnewswire· 2025-03-06 21:00
~ Four new OEM customers added and order volume on track to double in 2025 ~MARLBOROUGH, Mass., March 6, 2025 /PRNewswire/ -- ConnectM Technology Solutions, Inc. (Nasdaq: CNTM) ("ConnectM" or the "Company"), a high-growth technology company on the leading edge of the electrification economy, today announced continued strong momentum in its EV Solutions business, a core part of its Transportation and Logistics segment. In the first two months of 2025, ConnectM secured over 5,500 orders for its MELI Mobility ...