US Edition13.4% Stake Acquired by Another Institutional Investor in ConnectM, Bringing Total Institutional Ownership to 46.4%
- SRISID LLC has acquired 3,893,680 shares, approximately 13.4% of ConnectM's outstanding common stock, as disclosed in a Schedule 13G filed with the SEC.
- With this investment, total institutional ownership in ConnectM now stands at 46.4% of the Company's shares.
- ConnectM Technology Solutions focuses on the transition to a modern energy economy with its proprietary Energy Intelligence Network platform.
- The Company aims to reduce energy costs and carbon emissions globally through technology, data, and artificial intelligence.
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13.4% Stake Acquired by Another Institutional Investor in ConnectM, Bringing Total Institutional Ownership to 46.4%
MARLBOROUGH, Mass., March 24, 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 a…
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