---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-26-116927"
form_type: "8-K"
ticker: "CNTM"
cik: "0001895249"
company_name: "ConnectM Technology Solutions, Inc."
filed_at: "2026-10-19T20:53:17+00:00"
generated_at: "2026-10-19T20:54:15.194949+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# ConnectM closes final $1.25M tranche of $5M convertible note deal; note bears 10% and matures Oct. 2027

## Summary
- Issued $1,388,888.89 principal Senior Secured Convertible Promissory Note (Two-B) to Ascent Partners Fund LLC for a $1,250,000 purchase price, reflecting a $138,888.89 original issue discount.
- Note bears 10% annual interest, with one year guaranteed, matures Oct. 13, 2027, and converts at the lower of $4.5885 or 95% of lowest five-day VWAP during a default, subject to a 9.99% cap.
- Final closing completes the purchase agreement; Ascent has now bought all securities, and ConnectM has issued notes with aggregate original principal of about $5,000,000.
- Monthly principal amortization starts at the earlier of the Listing Event or free trading of 160M Blue Cloud shares, by Feb. 28, 2027; stock payments allowed at the Amortization Price.
- Subsequent offerings, including any sale of Blue Cloud shares, require 100% of net proceeds to prepay the note; default interest rises to 24% and late fees are 10%.

## SEC filing metadata
- accession: 0001104659-26-116927
- form_type: 8-K
- ticker: CNTM
- cik: 0001895249
- company_name: ConnectM Technology Solutions, Inc.
- filed_at: 2026-10-19T20:53:17+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 1.01, 2.03, 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1895249/000110465926116927/0001104659-26-116927-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1895249/000110465926116927/tm2627834d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-26-116927
- JSON: https://secwatch.observer/filing/0001104659-26-116927.json
- Plain text: https://secwatch.observer/filing/0001104659-26-116927.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.