ConnectM Provides Update on $1.60 per Share Buy-Out Offer

Buy-Out Group now owns approximately 16.1 million shares of ConnectM common stock, representing approximately 31.4% of the Company's outstanding shares MARLBOROUGH, Mass., April 29, 2025 /PRNewswire/ -- ConnectM Technology Solutions, Inc. (Nasdaq: CNTM) ("ConnectM" or the "Company"), a high-growth technology company on the leading edge of the energy economy, today announced an update regarding the ownership positions of the investor group (the "Buy-Out Group") that submitted a non-binding proposal on March ...