IPO - ConnectM Technology Solutions, Inc.

Form Type: S-1/A

Filing Date: 2025-02-11

Corporate Action: Ipo

Type: Update

Accession Number: 000110465925011472

Filing Summary: ConnectM Technology Solutions, Inc. filed an Amendment No. 1 to its Form S-1 registration statement with the SEC. The amendment pertains to the potential resale of up to 51,666,622 shares of common stock by various selling security holders, which includes shares issued through multiple conversion agreements and warrants. The registration covers both the Common Stock and private warrants, which were part of the financial transactions leading to the company's prior IPO and recent business combination. The filing also describes the business background, highlighting ConnectM's focus on providing clean energy technology solutions to enhance adoption of solar and all-electric systems. The document emphasizes ongoing business strategies, anticipated market effects, and risks involved with advancing in the clean energy sector. The previous business combination occurred on July 15, 2024, where Monterey Capital Acquisition Corporation ceased to exist under that name and was renamed ConnectM Technology Solutions, Inc.

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Form Type: S-1

Filing Date: 2025-01-13

Corporate Action: Ipo

Type: New

Accession Number: 000110465925003029

Filing Summary: ConnectM Technology Solutions, Inc. filed an S-1 for an initial public offering (IPO) seeking to raise capital through the sale of common stock. The document outlines the nature of the business, including its segments like Electrification and Decarbonization. It discloses financial data and projections, an overview of its corporate structure, and previous funding rounds which included convertible preferred stocks. The offering price is yet to be determined, and the company emphasizes its growth strategy focusing on technological advancements in the relevant sectors, potential market opportunities, and its plans for investment utilization to enhance operations and achieve sustained growth.

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