STOCK TITAN

ConnectM (CNTM) wins approval for reverse split range and written consents

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

ConnectM Technology Solutions, Inc. reported that stockholders approved several corporate governance proposals at a special meeting held on January 15, 2026. Stockholders authorized an amendment to the certificate of incorporation to allow a reverse stock split of the common stock at a ratio between 1-for-5 and 1-for-50, with the exact ratio and timing, if any, to be decided later at the sole discretion of the board of directors. The reverse split proposal passed with 96,105,177 votes in favor and 547,453 against. Stockholders also approved allowing actions to be taken by written consent if signed by holders of a majority of outstanding shares, and they approved the ability to adjourn the special meeting, though an adjournment was ultimately not used.

Positive

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Negative

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Insights

Stockholders granted broad flexibility for a potential reverse split and written consents.

Stockholders of ConnectM Technology Solutions, Inc. approved an amendment enabling a reverse stock split in a wide range, from 1-for-5 to 1-for-50. The board has sole discretion over whether to implement the split, the exact ratio, and the effective date, so this filing authorizes the action but does not execute it.

They also approved allowing stockholder actions by written consent when signed by a majority of outstanding shares, which can make future corporate approvals faster without holding a meeting. The adjournment authority was approved but not used, indicating the proposals received sufficient support at the January 15, 2026 special meeting.

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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 15, 2026

 

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)

 

N/A

(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:

 

¨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
N/A   N/A   N/A

 

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 5.07. Submission of Matters to a Vote of Security Holders.

 

On January 15, 2026, ConnectM Technology Solutions, Inc. (the “Company”) held a special meeting of stockholders (the “Special Meeting”) to vote on the following matters:

 

1.  Reverse Stock Split Proposal

 

Stockholders approved an amendment to the Company’s Second Amended and Restated Certificate of Incorporation, as amended (the “Certificate of Incorporation”), to effectuate a reverse stock split of the Company’s common stock at a ratio of between 1-for-5 and 1-for-50 (the “Reverse Stock Split”), with such ratio to be determined at the sole discretion of the board of directors of the Company (the “Board”) and with such Reverse Stock Split to be effectuated at such time and date, if at all, as determined by the Board in its sole discretion, in accordance with the voting results listed below.

 

For   Against   Abstain   Broker Non-Votes
96,105,177   547,453   4,071   --

 

2.  Written Consent Proposal

 

Stockholders an amendment to the Certificate of Incorporation to permit the Company’s stockholders to take any action required or permitted to be taken by stockholders by written consent so long as the written consent is signed by the holders of a majority of the Company’s outstanding shares, in accordance with the voting results listed below.

 

For   Against   Abstain   Broker Non-Votes
96,407,835   242,816   6,050   --

 

3.  Adjournment Proposal

 

Stockholders approved one or more adjournments of the Special Meeting, as described in the definitive proxy statement filed by the Company with the Securities and Exchange Commission on December 30, 2025, in accordance with the voting results listed below. Although stockholders approved Proposal 3, it was not necessary to, and the chair of the Special Meeting did not, adjourn the Special Meeting.

 

For   Against   Abstain   Broker Non-Votes
96,349,360   302,285   5,056   --

 

Item 9.01. Financial Statements and Exhibits.

 

(d) Exhibits.

 

Exhibit No.   Description
104   Cover Page Interactive Data File (embedded within the Inline XBRL document)

 

 

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

Dated: January 20, 2026

 

ConnectM Technology Solutions, Inc.
   
By: /s/ Bhaskar Panigrahi  
Name: Bhaskar Panigrahi  
Title: Chief Executive Officer  

 

 

 

FAQ

What key proposals did ConnectM (CNTM) stockholders approve at the special meeting?

Stockholders approved authority for a potential reverse stock split, the ability to take stockholder action by written consent with a majority of outstanding shares, and the option to adjourn the special meeting (though no adjournment was used).

What reverse stock split range did ConnectM (CNTM) stockholders authorize?

Stockholders approved an amendment allowing a reverse stock split of ConnectM’s common stock at a ratio between 1-for-5 and 1-for-50, with the specific ratio to be set later by the board of directors.

Did ConnectM (CNTM) immediately implement the reverse stock split after the vote?

No. The approval gives the board discretion to decide if and when to effectuate the reverse stock split and what ratio within the 1-for-5 to 1-for-50 range to use.

How did ConnectM (CNTM) stockholders vote on the reverse stock split proposal?

The reverse stock split proposal received 96,105,177 votes for, 547,453 votes against, and 4,071 abstentions, with no broker non-votes reported.

What change did ConnectM (CNTM) approve regarding stockholder written consents?

Stockholders approved an amendment to permit stockholder actions to be taken by written consent as long as the consent is signed by holders of a majority of the company’s outstanding shares.

Was the adjournment authority used during ConnectM’s special meeting?

Although stockholders approved the adjournment proposal, the chair did not adjourn the special meeting because it was not necessary.
Connectm Technology Solutions Inc

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