{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-24-086132","form_type":"8-K","ticker":"CNTM","cik":"0001895249","company_name":"ConnectM Technology Solutions, Inc.","filed_at":"2024-08-06T23:59:59+00:00","discovered_at":"2026-05-14T18:03:15.138370+00:00","generated_at":"2026-05-31T12:40:59.757057+00:00","sec_items":["1.01","2.01","9.01","7.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"ConnectM acquires controlling interest in DeliveryCircle for up to $5.2M","bullets":["Acquired 46% equity (57% voting) in DeliveryCircle, a last-mile delivery platform with 500K+ drivers.","Consideration includes $520K base plus contingent payouts based on revenue/EBITDA over 8 years (up to ~$5.2M).","ConnectM gains right to appoint 4 of 7 board members; deal closed Aug 5, 2024.","DeliveryCircle provides positive EBITDA and strong gross margins; entry into $165B U.S. courier market.","Also amended Forward Purchase Agreement with Meteora, changing settlement to cash and reset price floor at $2.00."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-24-086132","json":"https://secwatch.observer/filing/0001104659-24-086132.json","markdown":"https://secwatch.observer/filing/0001104659-24-086132.md","text":"https://secwatch.observer/filing/0001104659-24-086132.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1895249/000110465924086132/0001104659-24-086132-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1895249/000110465924086132/tm2420938d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-31T12:40:59.757057+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"cd0928e288ca12cdf6a051b848e6d70ffe0e8011","claim":"ConnectM Technology Solutions, Inc. completed an acquisition involving Vijaya Rao for up to $5,234,788.00 (closed 2024-08-05).","evidence_excerpt":"members to DeliveryCircle’s board of directors. Purchase Price Pursuant to the Purchase Agreement, ConnectM has agreed to acquire the Acquired Interests for an amount up to $5,234,788.00, comprising: (i) $520,000.00 (the “ Base Purchase Price ”), plus (ii) the Contingent Value Amount, as described below, subject to adjustment as provided in the Purchase","evidence_source":"SEC 8-K Item 2.01/5.01","evidence_url":"https://www.sec.gov/Archives/edgar/data/1895249/000110465924086132/0001104659-24-086132-index.htm","confidence":0.9,"family_label":"M&A Transactions","details":[{"label":"Action","value":"acquisition"},{"label":"Counterparty","value":"Vijaya Rao"},{"label":"Consideration","value":"up to $5,234,788.00"},{"label":"Closing","value":"2024-08-05"}],"fact_type":"ma_transaction"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}