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7.4% Stake Acquired by Another Institutional Investor in ConnectM, Bringing Total Institutional Ownership to 33%

  • ARUMILLI LLC has acquired a 7.4% stake in ConnectM Technology Solutions, Inc., amounting to 2,121,800 shares.
  • This investment brings total institutional ownership in ConnectM to 33% of its outstanding shares.
  • The SEC's Schedule 13G filing indicates a significant passive investment by ARUMILLI LLC.
  • ConnectM aims to facilitate a transition to a modern energy economy through technology and sustainable practices.
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The Berkshire EagleThe Berkshire Eagle
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7.4% Stake Acquired by Another Institutional Investor in ConnectM, Bringing Total Institutional Ownership to 33%

MARLBOROUGH, Mass., March 19, 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 reported that ARUMILLI LLC, an institutional investor, has filed a…

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The State Journal broke the news in on Wednesday, March 19, 2025.
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