ConnectM Technology Solutions Issues $1.39 Million Convertible Note, Amends Financing Terms Ahead of Listing
ConnectM Technology Solutions (CNTM) issued a $1.39M senior secured convertible note to Ascent Partners Fund, maturing in 2027. The company also amended financing terms, including a 105% payoff at listing, and updated registration rights. A lock-up agreement and side letter aim to support market stability ahead of its planned listing.
