ConnectM Provides Update from CEO
- ConnectM Technology Solutions, Inc. received a Nasdaq notice on April 17, 2025, reporting non-compliance with SEC reporting rules due to a late 2024 10-K filing.
- This issue followed an earlier Nasdaq notice on September 4, 2024, citing failure to meet the $50 million market value listing requirement, leading to a compliance deadline of March 3, 2025.
- After missing the deadline, ConnectM's securities faced potential delisting; however, the Company responded within the required timeframe by seeking a hearing and plans to submit the 2024 10-K soon, requesting a brief extension.
- ConnectM operates an advanced Energy Intelligence Network platform aimed at reducing global energy costs and carbon emissions by leveraging technology, AI, and behavioral economics.
- There is no assurance ConnectM will regain compliance or receive further Nasdaq extensions, which underscores ongoing risks described in their forward-looking statements and SEC filings.
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ConnectM Provides Update from CEO
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:
ConnectM Receives Nasdaq Notice on Late Filing of its Form 10-K
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…
Financial Comparison: SolarMax Technology (NASDAQ:SMXT) & Connectm Technology Solutions (NASDAQ:CNTM)
Institutional & Insider Ownership 79.6% of Connectm Technology Solutions shares are owned by institutional investors. 29.7% of Connectm Technology Solutions shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company will outperform the market over the long term. Risk & Volatility Connectm […]
ConnectM Provides Update from CEO - PressReach
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 fundamen…
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