{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-26-009810","form_type":"8-K","ticker":"CNTM","cik":"0001895249","company_name":"ConnectM Technology Solutions, Inc.","filed_at":"2026-02-03T23:59:59+00:00","discovered_at":"2026-05-14T18:02:36.702168+00:00","generated_at":"2026-05-16T05:25:16.660706+00:00","sec_items":["1.01","2.03","3.02","9.01"],"event_type":"debt","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"ConnectM issues $705K in convertible notes to GS Capital, Labrys, Auctus; 275K shares issued","bullets":["Aggregate initial tranches: $228K (GS Capital, $208K net after $20K OID), $227K (Labrys, $206.5K net), $250K (Auctus, $225K net).","Notes maturing Jan 2027 (GS) or 12 months from issue; interest rates 14% (GS), 10% (Labrys), 12% (Auctus); default interest up to 24%.","Conversion prices: GS initially $0.40, upon default 75% of lowest VWAP; Labrys 95-98% of lowest traded price; Auctus 65% of lowest price.","275,000 commitment shares issued: 150K to GS, 75K to Labrys, 50K to Auctus; unregistered, issued under Section 4(a)(2) and Regulation D.","Labrys note allows holder to require up to 25% of certain cash proceeds toward repayment; Auctus note has amortization payments beginning day 30."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-26-009810","json":"https://secwatch.observer/filing/0001104659-26-009810.json","markdown":"https://secwatch.observer/filing/0001104659-26-009810.md","text":"https://secwatch.observer/filing/0001104659-26-009810.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1895249/000110465926009810/0001104659-26-009810-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1895249/000110465926009810/tm263699d3_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T05:25:16.660706+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":"729dcbf1979a83509927179db61915a5bc0f8ec2","claim":"ConnectM Technology Solutions, Inc. incurred convertible notes of $250,000 with Auctus Fund, LLC at 12% on the full principal amount maturing 12 months from the issuance date.","evidence_excerpt":"On January 22, 2026, the Company entered into a Securities Purchase Agreement with Auctus Fund, LLC (“Auctus Fund”), pursuant to which the Company issued a senior unsecured convertible promissory note to Auctus Fund (the “Auctus Note”) and issued 50,000 shares of the Company’s common stock as commitment shares. Auctus Fund paid a purchase price of $225,000 for the Auctus Note, subject to certain withholdings for fees and expenses. Convertible Note Issued to Auctus Fund In connection with the Auctus Securities Purchase Agreement, the Company issued the Auctus Note in the principal amount of $250,000, which includes an original issue discount of $25,000. The Auctus Note bears a one-time interest charge at a rate of 12% on the full principal amount, equal to $30,000, which interest is guaranteed and earned in full as of the issuance date. The Auctus Note matures 12 months from the issuance date.","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1895249/000110465926009810/0001104659-26-009810-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"convertible notes"},{"label":"Principal","value":"$250,000"},{"label":"Counterparty","value":"Auctus Fund, LLC"},{"label":"Rate","value":"12% on the full principal amount"},{"label":"Maturity","value":"12 months from the issuance date"},{"label":"Event","value":"incurrence"}]},{"claim_id":"8d92ba6a0f7fcb3b2d275d9b0a8b08a4ec40fa4c","claim":"ConnectM Technology Solutions, Inc. incurred convertible notes of $228,000 with GS Capital Partners, LLC at 14% of the principal amount maturing January 7, 2027.","evidence_excerpt":"On January 7, 2026, the Company issued an initial senior convertible promissory note to GS Capital (the “GS Capital Note”) in the principal amount of $228,000, which includes an original issue discount of $20,000, resulting in a purchase price of $208,000. As additional consideration for the issuance of the GS Capital Note, the Company issued to GS Capital 150,000 shares of the Company’s common stock as commitment shares. The GS Capital Note bears a one-time interest charge at a rate of 14% of the principal amount, which interest was earned in full at issuance and added to the principal balance. The GS Capital Note matures on January 7, 2027.","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1895249/000110465926009810/0001104659-26-009810-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"convertible notes"},{"label":"Principal","value":"$228,000"},{"label":"Counterparty","value":"GS Capital Partners, LLC"},{"label":"Rate","value":"14% of the principal amount"},{"label":"Maturity","value":"January 7, 2027"},{"label":"Event","value":"incurrence"}]},{"claim_id":"dd007ca5b5b32bf737e7e1fddabca19a62da43c7","claim":"ConnectM Technology Solutions, Inc. incurred convertible notes of $227,150 with Labrys Fund II, L.P. at 10% on the full principal amount maturing 12 months from the issuance date.","evidence_excerpt":"On January 20, 2026, the Company entered into a Securities Purchase Agreement with Labrys Fund II, L.P. (“Labrys Fund”), pursuant to which the Company issued a senior unsecured convertible promissory note to Labrys Fund (the “Labrys Note”) and issued 75,000 shares of the Company’s common stock as commitment shares. Labrys Fund paid a purchase price of $206,500 for the Labrys Note, subject to certain withholdings for fees and expenses. Convertible Note Issued to Labrys Fund In connection with the Labrys Securities Purchase Agreement, the Company issued the Labrys Note in the principal amount of $227,150, which includes an original issue discount of $20,650. The Labrys Note bears a one-time interest charge at a rate of 10% on the full principal amount, equal to $22,715, which interest is guaranteed and earned in full as of the issuance date. The Labrys Note matures 12 months from the issuance date.","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1895249/000110465926009810/0001104659-26-009810-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"convertible notes"},{"label":"Principal","value":"$227,150"},{"label":"Counterparty","value":"Labrys Fund II, L.P."},{"label":"Rate","value":"10% on the full principal amount"},{"label":"Maturity","value":"12 months from the issuance date"},{"label":"Event","value":"incurrence"}]},{"claim_id":"4ebd5e21470c76845b30957247833b5e6ccb97fb","claim":"ConnectM Technology Solutions, Inc. entered into Labrys Fund Securities Purchase Agreement with Labrys Fund II, L.P. valued at $206,500 (effective 2026-01-20).","evidence_excerpt":"On January 20, 2026, the Company entered into a Securities Purchase Agreement with Labrys Fund II, L.P. (“Labrys Fund”), pursuant to which the Company issued a senior unsecured convertible promissory note to Labrys Fund (the “Labrys Note”) and issued 75,000 shares of the Company’s common stock as commitment shares. Labrys Fund paid a purchase price of $206,500 for the Labrys Note, subject to certain withholdings for fees and expenses.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1895249/000110465926009810/0001104659-26-009810-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"equity purchase"},{"label":"Counterparty","value":"Labrys Fund II, L.P."},{"label":"Value","value":"$206,500"},{"label":"Effective","value":"2026-01-20"}]},{"claim_id":"64c9eb65c233d32ea62fe99ce776ec51a80384fc","claim":"ConnectM Technology Solutions, Inc. entered into GS Capital Securities Purchase Agreement with GS Capital Partners, LLC valued at up to $1,250,000 (effective 2026-01-07).","evidence_excerpt":"On January 7, 2026, ConnectM Technology Solutions, Inc. (the “Company”) entered into a Securities Purchase Agreement with GS Capital Partners, LLC (“GS Capital”), pursuant to which the Company agreed to sell, and GS Capital agreed to purchase, a series of convertible notes of the Company in the aggregate face amount of up to $1,250,000.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1895249/000110465926009810/0001104659-26-009810-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"equity purchase"},{"label":"Counterparty","value":"GS Capital Partners, LLC"},{"label":"Value","value":"up to $1,250,000"},{"label":"Effective","value":"2026-01-07"}]},{"claim_id":"f9c304bff83d751dbd57dd9d615fd4a9fe0ff0f6","claim":"ConnectM Technology Solutions, Inc. entered into Auctus Fund Securities Purchase Agreement with Auctus Fund, LLC valued at $225,000 (effective 2026-01-22).","evidence_excerpt":"On January 22, 2026, the Company entered into a Securities Purchase Agreement with Auctus Fund, LLC (“Auctus Fund”), pursuant to which the Company issued a senior unsecured convertible promissory note to Auctus Fund (the “Auctus Note”) and issued 50,000 shares of the Company’s common stock as commitment shares. Auctus Fund paid a purchase price of $225,000 for the Auctus Note, subject to certain withholdings for fees and expenses.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1895249/000110465926009810/0001104659-26-009810-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"equity purchase"},{"label":"Counterparty","value":"Auctus Fund, LLC"},{"label":"Value","value":"$225,000"},{"label":"Effective","value":"2026-01-22"}]}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}