ConnectM receives Nasdaq bid price deficiency notice; 180-day cure period ends Sept 23, 2025

ConnectM Technology Solutions, Inc.

Received Nasdaq Staff notice on March 27, 2025 that closing bid price was below $1.00 for 30 consecutive business days.
Has until September 23, 2025 (180 calendar days) to regain compliance with the $1.00 minimum bid price rule.
To regain compliance, bid price must close at $1.00 or higher for at least ten consecutive business days before the Compliance Date.
If not compliant by Sept 23, 2025, may transfer to Nasdaq Capital Market if eligible, otherwise shares subject to delisting.
Company intends to monitor and consider available options; no guarantee of regaining compliance.

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