secwatch.observer — SEC 8-K summary
======================================

Issuer:     ConnectM Technology Solutions, Inc. (CNTM)
CIK:        0001895249
Form:       8-K
Filed at:   2026-02-03T23:59:59+00:00
Accession:  0001104659-26-009810
Event type: debt
Sentiment:  negative
Materiality: 0.75
Item codes: 1.01, 2.03, 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

ConnectM issues $705K in convertible notes to GS Capital, Labrys, Auctus; 275K shares issued
--------------------------------------------------------------------------------

- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1895249/000110465926009810/0001104659-26-009810-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1895249/000110465926009810/tm263699d3_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-26-009810

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer