Technology Solutions enacts 1-for-32 reverse stock split

Technology Solutions, Inc. has implemented a 1-for-32 reverse stock split of its common stock.

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Form Type

8-K

Rhea-AI Filing Summary

Technology Solutions, Inc. has implemented a 1-for-32 reverse stock split of its common stock. A certificate of amendment to its certificate of incorporation became effective at 4:01 p.m. Eastern Time on April 17, 2026, legally enacting the change.

The common stock is expected to begin trading on the OTCQX on a reverse split-adjusted basis on April 20, 2026 under the temporary ticker symbol CNTMD, with the symbol reverting to CNTM after 20 business days. The stock will trade under a new CUSIP number, 207944208.

At the effective time, each 32 shares of pre-split common stock automatically became one share of common stock, and no fractional shares are issued. Instead, any fractional entitlements are rounded up to a whole share. Holders in book-entry or through brokers are adjusted automatically, while certificate holders will receive exchange instructions from the transfer agent.

Insights

Technology Solutions enacts a 1-for-32 reverse split with temporary ticker change.

Technology Solutions, Inc. completed a 1-for-32 reverse stock split effective at 4:01 p.m. April 17, 2026. This consolidates every 32 existing common shares into one share, mechanically increasing the per-share price while reducing the share count.

The shares will trade on the OTCQX on a reverse split-adjusted basis starting April 20, 2026 under temporary ticker CNTMD, reverting to CNTM after 20 business days, with a new CUSIP 207944208. No fractional shares are issued; holders instead receive a whole share if entitled to a fraction.

Positions held in book-entry or through banks and brokers adjust automatically, which simplifies the process for most investors. Only holders of physical certificates must follow instructions from Continental Stock Transfer & Trust Company to exchange certificates for the post-split share representation.

8-K Event Classification

3 items: 5.03, 8.01, 9.01

3 items

Item 5.03 Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year Governance

The company amended its charter documents, bylaws, or changed its fiscal year.

Item 8.01 Other Events Other

Voluntary disclosure of events the company deems important to shareholders but not covered by other items.

Item 9.01 Financial Statements and Exhibits Exhibits

Financial statements, pro forma financial information, or exhibit attachments filed with this report.

Key Figures

Reverse split ratio: 1-for-32 Effective time: 4:01 p.m. Eastern Time Reverse split trading start date: April 20, 2026 +4 more

7 metrics

Reverse split ratio 1-for-32 Approved by board and effective April 17, 2026

Effective time 4:01 p.m. Eastern Time Reverse split effective April 17, 2026

Reverse split trading start date April 20, 2026 OTCQX trading on a reverse split-adjusted basis

Temporary ticker symbol CNTMD Used on OTCQX for 20 business days post-split

New CUSIP 207944208 Assigned to common stock after reverse split

Ticker reversion period 20 business days Period CNTMD trades before reverting to CNTM

Share conversion 32 shares to 1 share Pre-split shares automatically reclassified at effective time

Key Terms

reverse stock split, Certificate of Amendment, OTCQX, CUSIP number, +2 more

6 terms

reverse stock split financial

"stockholders of Technology Solutions, Inc. approved a reverse stock split of the Company’s common stock"

A reverse stock split reduces a company's number of outstanding shares while raising the price per share proportionally, so the total value of each investor's holding is unchanged; a 1-for-10 split turns 100 shares worth $1 each into 10 shares worth $10 each. Companies often do this to regain compliance with an exchange's minimum price rule or to attract investors who avoid very low-priced stocks.

Certificate of Amendment regulatory

"the Company filed a certificate of amendment (the “Certificate of Amendment”) to its Second Amended and Restated Certificate"

A certificate of amendment is an official filing that updates a company’s founding documents—its legal “rulebook” that sets share structure, voting rules, name and basic purpose. Think of it like changing the blueprint of a building: small changes are paperwork, big ones can alter who owns how much and who controls decisions. Investors watch these filings because they can affect share counts, voting power, dilution and company value.

OTCQX market

"the Company’s common stock is expected to begin trading under a new CUSIP number, 207944208, on the OTCQX on April 20, 2026"

OTCQX is the highest tier of the over‑the‑counter (OTC) marketplaces where shares of companies that aren’t listed on major stock exchanges trade. Think of it as a “premium shelf” for OTC stocks: companies must meet stricter financial and disclosure standards, which can mean clearer information, potentially better investor confidence and somewhat easier trading than lower OTC tiers. Investors watch OTCQX listings as a signal of relative transparency and credibility among OTC-traded firms.

CUSIP number financial

"the Company’s common stock is expected to begin trading under a new CUSIP number, 207944208, on the OTCQX"

A CUSIP number is a nine-character code that uniquely identifies a specific U.S. or Canadian stock, bond, or other security, similar to a barcode or a social-security number for a financial instrument. It matters to investors because it removes confusion between similar securities, ensures trades and settlements are applied to the correct issue, and helps locate official documents and transaction records quickly.

book-entry form financial

"Stockholders holding their shares electronically in book-entry form are not required to take any action"

A book-entry form is an electronic record showing ownership of securities instead of a paper certificate; think of it like a bank account ledger that notes who owns shares. It matters to investors because it makes buying, selling and transferring securities faster, safer and cheaper by reducing paperwork, loss or forgery risk, and enabling easier settlement through brokers or a central depository.

transfer agent financial

"the Company’s transfer agent, Continental Stock Transfer & Trust Company, will send instructions for exchanging those certificates"

A transfer agent is a financial service that keeps the official record of who owns a company's shares, handles the buying and selling of those shares on paper or electronically, and issues or cancels stock certificates. Think of it as the company’s records keeper and mailroom combined—investors rely on it to make sure dividends, shareholder mailings, ownership changes, and proxy voting are processed accurately and securely, which protects ownership rights and helps prevent errors or fraud.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What reverse stock split did Technology Solutions, Inc. (CNTM) implement?

Technology Solutions, Inc. implemented a 1-for-32 reverse stock split of its common stock. Every 32 pre-split shares automatically converted into one share at the effective time, consolidating the share count while maintaining each investor’s proportional ownership stake overall.

When does Technology Solutions, Inc. (CNTM) begin trading on a reverse split-adjusted basis?

Technology Solutions’ common stock is expected to begin trading on a reverse split-adjusted basis on April 20, 2026. Trading will occur on the OTCQX market, reflecting the 1-for-32 reverse stock split in all quoted prices and share amounts from that date forward.

What temporary ticker and new CUSIP apply to Technology Solutions, Inc. after the split?

After the reverse split, the stock is expected to trade under temporary ticker symbol CNTMD on the OTCQX. It will use new CUSIP number 207944208, and after 20 business days the ticker symbol is expected to revert back to CNTM for ongoing trading.

How are fractional shares handled in the Technology Solutions, Inc. reverse split?

No fractional shares are issued in the 1-for-32 reverse split. Stockholders who would otherwise receive fractional shares are instead automatically entitled to receive a whole share of common stock, effectively rounding up any fractional entitlements created by the split ratio.

Do Technology Solutions, Inc. (CNTM) shareholders need to take action for the reverse split?

Most shareholders do not need to take action. Book-entry and brokerage accounts adjust automatically. Only holders of physical stock certificates must follow instructions from Continental Stock Transfer & Trust Company to exchange certificates for book-entry or new certificates reflecting post-split shares.

When did the Technology Solutions, Inc. reverse stock split become legally effective?

The reverse stock split became legally effective at 4:01 p.m. Eastern Time on April 17, 2026. This followed the filing of a certificate of amendment to the company’s certificate of incorporation with the Delaware Secretary of State to implement the approved reverse split ratio.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 04/17/2026 - 04:05 PM EDT

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): April 17, 2026

ConnectM Technology Solutions, Inc.

(Exact Name of Registrant as Specified in Charter)

Delaware		001-41389		87-2898342
(State or other jurisdiction of incorporation)		(Commission File Number)		(I.R.S. Employer Identification Number)

2 Mount Royal Avenue, Suite 550 Marlborough, Massachusetts		01752
(Address of principal executive offices)		(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 5.03. Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year..

As previously disclosed, on January 15, 2026, stockholders of ConnectM Technology Solutions, Inc. (the “Company”) approved a reverse stock split of the Company’s common stock, at a ratio of between 1-for-5 and 1-for-50, with such ratio to be determined at the sole discretion of the Company’s Board of Directors (the “Board”). On January 15, 2026, the Board approved a 1-for-32 reverse stock split of its issued and outstanding common stock (the “Reverse Split”). Subsequently, the Company filed a certificate of amendment (the “Certificate of Amendment”) to its Second Amended and Restated Certificate of Incorporation, as amended (the “Certificate of Incorporation”), with the Secretary of State of the State of Delaware to effectuate the Reverse Split. The Certificate of Amendment was effective for state law purposes at 4:01 p.m. Eastern Time on April 17, 2026 (the “Effective Time”), such that the Company’s common stock will begin trading at market open on April 20, 2026, on a post-Reverse Split basis.

Item 8.01. Other Events.

The Reverse Split became effective at the Effective Time and the Company’s common stock is expected to begin trading under a new CUSIP number, 207944208, on the OTCQX on April 20, 2026, on a Reverse Split-adjusted basis, under the ticker symbol “CNTMD.” After 20 business days, the ticker symbol will revert to “CNTM.”

As of the Effective Time, issued and outstanding shares of the Company’s common stock were automatically reclassified such that each 32 shares of pre-Reverse Split common stock became one share of common stock. No fractional shares of common stock will be issued as a result of the Reverse Stock Split. Instead, stockholders who otherwise would be entitled to receive fractional shares because they hold a number of shares not evenly divisible by the Reverse Split ratio are automatically entitled to receive a whole share of common stock in lieu of any fractional share created as a result of such Reverse Split.

Stockholders holding their shares electronically in book-entry form are not required to take any action to receive post-Reverse Split shares. Stockholders owning shares through a bank, broker, or other nominee will have their positions automatically adjusted to reflect the Reverse Split, subject to brokers’ particular processes, and will not be required to take any action in connection with the Reverse Split. For those stockholders holding physical stock certificates, the Company’s transfer agent, Continental Stock Transfer & Trust Company, will send instructions for exchanging those certificates for shares held electronically in book-entry form or for new certificates, in either case representing the post-Reverse Split number of shares.

Item 9.01. Financial Statements and Exhibits.

(d) Exhibits.

Exhibit No.		Description
3.1		Certificate of Amendment to Second Amended and Restated Certificate of Incorporation, as amended, of the registrant, effective April 17, 2026.
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.

	ConnectM Technology Solutions, Inc.

Dated: April 17, 2026	By:	/s/ Bhaskar Panigrahi
	Name:	Bhaskar Panigrahi
	Title:	Chief Executive Officer

Source: View Original Filing on SEC EDGAR

Filing Exhibits & Attachments

4 documents

Technology Solutions enacts 1-for-32 reverse stock split

Rhea-AI Filing Summary