ConnectM Technology Solutions, Inc. (CNTM) Form S-1/A — Jun 16, 2026
ConnectM Technology Solutions filed an S-1/A amendment for a firm commitment public offering of 1,833,333 shares of common stock at an assumed price of $6.00 per share, aiming to raise approximately $10 million in net proceeds. The company intends to use the funds for working capital and general corporate purposes to support its operations and facilitate an uplisting from the OTCQX Best Market to a national securities exchange.
Key figures
- Revenue
- 35836809
- Total Debt
- 10228998
- Cash Position
- 2471782
- Gross Proceeds
- 11000000
- Offering Price
- 6
- Shares Offered
- 1833333
- Reverse split ratio
- 1-for-32
- Implied divestiture value usd
- 39600000
AI analysis
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