Core Viewpoint - ConnectM Technology Solutions, Inc. is seeking stockholder approval for a reverse stock split in the range of 1-for-5 to 1-for-50 to align with its plans for uplisting to a U.S. national securities exchange, aiming to enhance corporate visibility and shareholder value [1][2]. Group 1: Reverse Stock Split Details - The proposed reverse stock split will be within a range of 1-for-5 to 1-for-50, with the exact ratio to be determined by the Board [1][2]. - The reverse split is intended to support the company's strategy and application for uplisting, which is expected to increase liquidity and awareness in the financial community [2][4]. - The previous stockholder approval for a narrower reverse split range of 1-for-5 to 1-for-8 was not implemented, and the Board is now seeking broader authority [2][3]. Group 2: Effects of the Reverse Split - If approved, the reverse split will not change the overall value of the stock; the market price per share will increase proportionately with the reduction in the number of shares [5]. - Each stockholder's number of shares will be reduced proportionately based on the final split ratio, with fractional shares rounded up to the nearest whole share [5]. - The reverse split will not alter the par value of the common stock or the rights of stockholders, and it will be subject to regulatory review [3][5]. Group 3: Strategic Intent - The uplisting process and reverse split are viewed as tools to align the capital markets profile with the scale of the business, making ConnectM accessible to a broader base of long-term, high-quality investors [4]. - The company is focused on strengthening its balance sheet, simplifying its capital structure, and building a differentiated energy and AI platform through its subsidiaries [2][4]. Group 4: Company Overview - ConnectM Technology Solutions, Inc. operates in the modern energy economy, providing AI-powered electrification, distributed energy, last-mile delivery, and industrial IoT solutions globally [7].

Core Viewpoint - ConnectM Technology Solutions, Inc. has received a buyout offer from a group of longstanding stockholders, which has been paused due to recent delays in filing financial reports [2][3]. Group 1: Buyout Offer and Company Response - The Buyout Group, consisting of Optimax Solutions Inc., SriSid LLC, Arumilli LLC, and Win-Light Global Co Ltd, has decided to pause their buyout proposal in light of ConnectM's delays in filing its Form 10-K and Form 10-Q reports [2]. - The Buyout Group continues to support ConnectM and its management, emphasizing the importance of the company's four-month recovery plan aimed at regaining compliance and relisting on major stock exchanges like Nasdaq or NYSE [3]. Group 2: Company Strategy and Future Plans - ConnectM's Board of Directors and management are focused on implementing strategic actions to restore compliance and deliver long-term value to stockholders [4]. - The company plans to file its 2024 Annual Report and Q1 2025 Quarterly Reports in June 2025, which are expected to demonstrate strong performance across all operating segments [4]. Group 3: Company Overview - ConnectM is positioned as a high-growth technology company that powers the next generation of electrified equipment, mobility, and distributed energy, facilitating a transition to a modern energy economy [5]. - The company provides a proprietary Energy Intelligence Network platform to service providers and original equipment manufacturers, aiming to lower energy costs and reduce carbon emissions globally through technology, data, artificial intelligence, and behavioral economics [5].