secwatch.observer — SEC 8-K summary
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Issuer:     ConnectM Technology Solutions, Inc. (CNTM)
CIK:        0001895249
Form:       8-K
Filed at:   2026-10-02T20:05:22+00:00
Accession:  0001104659-26-113270
Event type: debt
Sentiment:  neutral
Materiality: 0.40
Item codes: 1.01, 3.02, 9.01
LLM model:  deepseek-v4.1-flash:cloud@v2

ConnectM issues $1.39M Note Two-A to Ascent Partners; 105% cash repayment due on Listing Event
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- Issued Senior Secured Convertible Note (Two-A): $1,388,888.89 principal for $1,250,000 cash, original issue discount of $138,888.89, 10% interest, matures Sept 28, 2027.
- Note Two-A converts at lower of $4.5885 or 95% of lowest 5-day VWAP during default, with 9.99% ownership cap; monthly amortization starts at Listing Event or by Feb 28, 2027.
- Amendment deletes right-of-first-refusal and most-favored-terms clauses on Listing Event and requires 105% cash repayment of principal plus accrued interest on Notes One and Three.
- Note Two-B ($1,388,888.89) and Note Three ($2,628,571.43, purchase price $2,300,000) remain unpurchased, to be bought only at Additional Closings; Schedule I lists no warrants.
- Maturity auto-accelerates to 30 days after the Blue Cloud lock-up ends; 160,000,000 Blue Cloud Softech shares stem from the April 6, 2026 Share Swap with AstraBridge.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1895249/000110465926113270/0001104659-26-113270-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1895249/000110465926113270/tm2626698d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-26-113270

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