ConnectM terminates forward purchase agreement with Meteora; receives $500K

ConnectM Technology Solutions, Inc.

Terminated OTC Equity Prepaid Forward Transaction with Meteora effective April 2, 2025.
1,618,948 shares previously subject to forward purchase are freed and deemed zero.
Prepayment shortfall deemed fully repaid; no future shortfall sales required.
Meteora pays ConnectM $500,000 cash in consideration for termination.
Indemnification and swap agreement sections survive; other obligations released.

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