other material
confidence high
sentiment neutral
materiality 0.50
ConnectM Technology Solutions completes 1-for-32 reverse stock split effective April 17, 2026
ConnectM Technology Solutions, Inc.
- Reverse stock split at 1-for-32 ratio effective April 17, 2026; no fractional shares issued, whole shares provided instead.
- Common stock to trade on OTCQX under temporary ticker "CNTMD" starting April 20, 2026; reverts to "CNTM" after 20 business days.
- New CUSIP number 207944208 assigned; stockholders holding through brokers need no action.
- Split previously authorized by stockholders on Jan 15, 2026 and Board approved 1-for-32 ratio on same date.