ConnectM receives $1.60/share buyout offer from three largest institutional investors

ConnectM Technology Solutions, Inc.

Offer price of $1.60 per share cash from SriSid LLC, Arumilli LLC, and Win-Light Global Co. Ltd.
Implies equity valuation of ~$46.5 million for the company.
Non-binding proposal submitted March 31, 2025; subject to due diligence and regulatory approvals.
Investor group increased ownership significantly in recent months.
If accepted, ConnectM would become privately held.

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