UNITED STATES
SECURITIES AND
EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
Date of report (Date of earliest event
reported): January 31, 2025
ConnectM
Technology Solutions, Inc.
(Exact Name of Registrant as Specified
in Charter)
Delaware
(State or other jurisdiction of incorporation) |
|
001-41389
(Commission File Number) |
|
87-2898342
(I.R.S. Employer Identification Number) |
2 Mount Royal Avenue, Suite 550
Marlborough, Massachusetts (Address of principal executive offices) |
|
01752 (Zip code) |
617-395-1333
(Registrant’s telephone number, including area code)
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K
filing is intended to simultaneously satisfy the filing obligation of the Registrant under any of the following provisions:
x | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
¨ | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
¨ | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
¨ | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Securities registered
pursuant to Section 12(b) of the Act:
Title of each class |
|
Trading
Symbol(s) |
|
Name
of each exchange on which registered |
Common stock, par value $0.0001 per share |
|
CNTM |
|
The Nasdaq Stock Market LLC |
Indicate by check mark whether the registrant
is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405) or Rule 12b-2 of the Securities Exchange
Act of 1934 (§ 240.12b-2).
Emerging growth company x
If an emerging growth company, indicate
by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial
accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨
Item 7.01 | Regulation FD Disclosure. |
As previously disclosed, on December 6, 2024, ConnectM
Technology Solutions, Inc. (“ConnectM” or the “Company”) received a notice from the
Staff of the Listing Qualifications Department of Nasdaq stating that because the Company had not filed its Quarterly Report on Form 10-Q
for the period ended September 30, 2024 (the “Third Quarter 10-Q”), it no longer complies with Nasdaq Listing
Rule 5250(c)(1) for continued listing, which requires listed companies to timely file all required periodic financial reports with the
Securities and Exchange Commission.
On January 31, 2025, the Staff notified ConnectM
that, based on the Company’s December 16, 2024, filing of the Third Quarter 10-Q, Staff has determined that the Company complies
with the Rule. Accordingly, the matter is now closed.
On February 12, 2025, the Company issued press
release announcing Nasdaq’s January 31st determination. A copy of the press release is furnished as Exhibit 99.1 to this Current
Report on Form 8-K and is incorporated by reference in this Item 7.01.
The information contained in this Item 7.01, including
in Exhibit 99.1 attached hereto, is “furnished” and not “filed” for purposes of Section 18 of the Securities Exchange
Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section. Such
information shall not be incorporated by reference in another filing under the Exchange Act or the Securities Act of 1933, as amended,
except to the extent such other filing specifically incorporates such information by reference.
Item 9.01. |
Financial Statements and Exhibits. |
EXHIBIT INDEX
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused this report to be signed on its behalf by the undersigned, hereunto duly authorized.
Dated: February 12, 2025
CONNECTM TECHNOLOGY SOLUTIONS, INC. |
|
|
By: |
/s/ Bhaskar Panigrahi |
|
Name: |
Bhaskar Panigrahi |
|
Title: |
Chief Executive Officer |
|
Exhibit 99.1
ConnectM Announces Receipt of Notice from Nasdaq
That
ConnectM has Regained Compliance with Nasdaq
Rule
Marlborough, MA, February 12, 2025 – ConnectM
Technology Solutions, Inc. (Nasdaq: CNTM) (“ConnectM” or the “Company”), a technology
company focused on the electrification economy, had previously announced that on December 6, 2024, it received a notice from the Staff
of the Listing Qualifications Department of Nasdaq stating that because the Company had not filed its Quarterly Report on Form 10-Q for
the period ended September 30, 2024 (the “Third Quarter 10-Q”), it no longer complies with Nasdaq Listing Rule
5250(c)(1) (the “Rule”) for continued listing, which requires listed companies to timely file all required periodic
financial reports with the Securities and Exchange Commission.
ConnectM today announced that on January 31, 2025,
the Staff notified ConnectM that, based on the Company’s December 16, 2024, filing of the Third Quarter 10-Q, Staff has determined
that the Company complies with the Rule. Accordingly, the matter is now closed.
About ConnectM Technology Solutions, Inc.
ConnectM is a technology company focused on advancing
the electrification economy by integrating electrified energy assets with its AI-powered technology solutions platform. The Company provides
residential and light commercial buildings and all-electric original equipment manufacturers with a proprietary Energy Intelligence Network
platform to accelerate the transition to all-electric heating, cooling, and transportation. Leveraging technology, data, artificial intelligence,
contemporary design, and behavioral economics, ConnectM aims to make electrification more user-friendly, affordable, precise, and socially
impactful. As a vertically integrated company with wholly owned service networks and a comprehensive technology stack, ConnectM empowers
customers to reduce their reliance on fossil fuels, lower overall energy costs, and minimize their carbon footprint.
For more information, please visit: https://www.connectm.com/
Contact:
MZ North America
(203) 741-8811
ConnectM@mzgroup.us
ConnectM Technology Solu... (NASDAQ:CNTM)
Historical Stock Chart
From Jan 2025 to Feb 2025
ConnectM Technology Solu... (NASDAQ:CNTM)
Historical Stock Chart
From Feb 2024 to Feb 2025