Connectm Technology Solutions, INC. 8-K Filing

Ticker: CNTM · Form: 8-K · Filed: Dec 16, 2025 · CIK: 1895249

Sentiment: neutral

Filing Stats: 4,668 words · 19 min read · ~16 pages · Grade level 12.4 · Accepted 2025-12-16 16:18:35

Key Financial Figures

Filing Documents

01 Entry into

Item 1.01 Entry into a Material Definitive Agreement. Convertible Promissory Notes Between the dates of November 26, 2024 and December 15, 2025, ConnectM Technology Solutions, Inc. (the "Company," "our," and "ConnectM") entered into a series of Convertible Promissory Notes (each, a "Note" and collectively, the "Notes") with multiple investors (each being a "Purchaser" or collectively "Purchasers"). The terms of the Notes were identical, except with respect to maturity dates, conversion price, the Purchaser name, date of issuance, and the principal amount invested, and the maturity dates. The following Purchasers' Notes had maturity dates between 30 - 40 days after issuance. The conversion prices were between $1.00 - $1.10 per share. The Purchaser name, date of issuance, and principal amount invested for each of the Notes are as follows: GreenPicks Partners LLC on November 26, 2024 with $200,000 principal invested; Win-Light Global Co. Ltd. on December 3, 2024 with $400,000 principal invested; Arumilli LLC on March 17, 2025 with $250,000 principal invested; and Win-Light Global Co. Ltd. on March 17, 2025 with $250,000 principal invested. The following Purchasers' Notes had maturity dates of 180 days after issuance. The conversion price was $1.10 per share. The Purchaser name, date of issuance, and principal amount invested for each of the Notes are as follows: Ryan Fant on January 20, 2025 with $250,000 principal invested; John C. Gillian on January 22, 2025 with $50,000 principal invested; Christopher J. Joyce on January 23, 2025 with $100,000 principal invested; Patrick J. McCarthy on January 25, 2025 with $150,000 principal invested; Iffat Hussain on January 26, 2025 with $50,000 principal invested; Corey T. Lee on January 29, 2025 with $1,000,000 principal invested; Zachary Espelund on February 4, 2025 with $150,000 principal invested; and Kedar Muley on February 11, 2025 with $50,000 principal invested.; The following Purchasers' N

01 Completion of Acquisition or Disposition of Assets

Item 2.01 Completion of Acquisition or Disposition of Assets On November 3, 2025, the Company completed each of the transaction described under Item 1.01, which is incorporated herein by reference. Pursuant to the Asset Purchase Agreement, the Company acquired the Assets and issued the Payment Shares to the Seller. Pursuant to the Acquisition Agreement, the Company acquired all of the Membership Interests and ConnectM India acquired all of the March CDM/Geo Impex India Shares, issuing the consideration described above. As a result of the Acquisition Agreement, Global Impex became a wholly owned subsidiary of the Company, and the Company, through Global Impex and Connect M India, indirectly and directly holds a majority of the outstanding equity of Geo Impex India.

03 Creation

Item 2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant. The information set forth above in Item 1.01 of this Current Report on Form 8-K with respect to Notes is incorporated by reference herein.

02 Unregistered

Item 3.02 Unregistered Sales of Equity Securities. Convertible Shares Following the issuance of the Notes, the Company issued an aggregate of 21,194,562 shares of common stock upon conversion of the Notes during the three months ended September 30, 2025, as follows (collectively, the "Conversions"): 1,500,521 shares of common stock issued to GreenPicks Partners LLC on September 16, 2025; 2,991,157 shares of common stock issued to Win-Light Global Co. Ltd. on September 16, 2025; 1,775,342 shares of common stock issued to Ryan Fant on September 24, 2025; 365,068 shares of common stock issued to John C. Gillian on September 16, 2025; 710,137 shares of common stock issued to Christopher J. Joyce on September 16, 2025; 1,065,205 shares of common stock issued to Patrick J. McCarthy on September 16, 2025; 355,068 shares of common stock issued to Iffat Hussain on September 16, 2025; 7,101,370 shares of common stock issued to Corey T. Lee on September 16, 2025; 355,068 shares of common stock issued to Kedar Muley on September 16, 2025; 1,420,274 shares of common stock issued to Iffat Hussain on September 16, 2025; 1,777,676 shares of common stock issued to Arumilli LLC on September 16, 2025; and, 1,777,676 shares of common stock issued to Win-Light Global Co. Ltd. on September 16, 2025. The Company also issued an aggregate of 18,308,534 shares of common stock upon conversion of the Notes after the period ended September 30, 2025, as follows: 710,137 shares of common stock issued to Software Ventures FZCO on October 22, 2025; 142,027 shares of common stock issued to Md Rabiul Hassan on October 22, 2025; 710,137 shares of common stock issued to Kaseeb Billah on October 22, 2025; 470,450 shares of common stock issued to Ashish Kulkarni on November 3, 2025; 470,450 shares of common stock issued to Umesh Goradia on November 3, 2025;3,035,008 shares of common stock issued to Umesh Goradia on November 25, 2025; 2,986,301 shares of common stoc

View Full Filing

View this 8-K filing on SEC EDGAR

View on Read The Filing