Connectm Technology Solutions Inc SEC Filings

ConnectM Technology Solutions, Inc. (CNTM) has a new large shareholder disclosure from ARUMILLI LLC, which reports beneficial ownership of 6,847,060 shares of ConnectM common stock. This represents 7.23% of the outstanding common shares as of September 30, 2025, making ARUMILLI LLC a significant minority holder.

ARUMILLI LLC reports no sole voting or dispositive power over the shares, but shared voting and shared dispositive power over all 6,847,060 shares. The holder certifies that the shares were not acquired with the purpose or effect of changing or influencing control of ConnectM and are not held in connection with any control-related transaction, indicating a passive investment position under the applicable SEC rules.

ConnectM Technology Solutions, Inc. reported that it has formed a new joint venture, StarConnectM LLP, through its Indian subsidiary ConnectM Technology Solutions Pvt. Ltd. and Star Engineers India Pvt. Ltd. The new entity will design, develop, manufacture, and scale intelligent connected vehicle products for automotive manufacturers.

StarConnectM is intended to build on ConnectM’s Keen Labs AI-powered Smart Mobility Platform, combining Industrial Internet of Things architecture, edge intelligence, and cloud-connected vehicle analytics. The goal is to serve automotive OEMs that want integrated, data-driven mobility solutions and to support a longer-term roadmap toward broader mobility and software-defined vehicle platforms.

ConnectM Technology Solutions, Inc. reported strong growth for the quarter ended September 30, 2025, as described in a financial summary referenced in this report. Revenue for the quarter increased 45% to approximately $8.7 million from about $6.0 million a year earlier. Year-to-date revenue for the nine months ended September 30, 2025 rose 60% to approximately $26.2 million, compared to roughly $16.4 million in the prior-year period. Cost of revenue for the quarter increased 39% to about $5.8 million, and selling, general and administrative expense grew 31% to approximately $5.7 million, reflecting higher operating activity. The company still posted a net loss of about $1.0 million for the quarter, but this was a substantial improvement from a net loss of roughly $9.9 million in the same period of 2024, largely due to acquisition-related gains, non-cash fair value adjustments, and restructuring items. Cash was approximately $2.2 million.

ConnectM Technology Solutions, Inc. reported Q3 2025 results showing growth but ongoing financial strain. Revenue for the nine months ended September 30, 2025 rose to $26,206,876 from $16,380,734 a year earlier, while the nine‑month net loss narrowed to $11,376,489 from $14,684,800. For the quarter, revenue reached $8,707,042 and the net loss was $993,042, or $0.02 per share, compared with a $0.47 per share loss in the prior‑year quarter.

Total assets increased to $22,086,422 as acquisitions lifted goodwill and intangibles, and total stockholders’ deficit improved to $11,752,616 from $23,786,507, helped by significant equity issuances. However, current liabilities of $32,218,656 drove a working capital deficit of about $21,093,000, and cash was $2,213,219.

The company disclosed a Nasdaq delisting in May 2025, technical defaults on a SEPA Convertible Note and certain secured promissory notes, and concluded there is substantial doubt about its ability to continue as a going concern. During 2025 it also acquired Air Temp Service Co., Inc. and Solar Energy Systems of Brevard, Inc. for common stock valued at approximately $3,141,000 and increased authorized common shares from 100,000,000 to 250,000,000.

ConnectM Technology Solutions (CNTM) filed a Form 12b-25 to notify a delayed filing of its Quarterly Report on Form 10-Q for the quarter ended September 30, 2025. The company cites the need for additional time to obtain and compile required information that could not be addressed without unreasonable effort or expense.

ConnectM expects to file the 10-Q within the five calendar day extension period. The company indicated all other required periodic reports over the past 12 months have been filed and it does not anticipate a significant change in results of operations versus the prior-year period.

ConnectM Technology Solutions (CNTM) announced it entered a $1.7 million heat pump distribution agreement with Greentech Renewables. The deal will make the company’s Keen Labs-branded, high-efficiency heat pumps available to Greentech’s network of solar, electrical, and energy contractors, providing broader market access. The company states this agreement is intended to serve as the foundation for broader scaling in 2026 and beyond. The announcement was furnished under Regulation FD, with the related press release included as Exhibit 99.1.

ConnectM Technology Solutions (CNTM) announced it acquired Geo Impex & Logistics Private Limited, an India-based developer of sustainable logistics infrastructure. The acquisition provides ConnectM and its wholly owned subsidiary Keen Labs with ownership of approximately 58 acres of strategic land near Chhatrapur, Odisha.

The land is fully approved for industrial development through state-level single-window clearance and includes integrated rail-siding infrastructure. The company furnished a press release with further details as Exhibit 99.1.

ConnectM Technology Solutions, Inc. filed an 8-K announcing, under Regulation FD, that management will begin delivering an investor presentation starting October 30, 2025. The presentation is furnished as Exhibit 99.2.

The company states this information, including Exhibit 99.2, is furnished and not deemed “filed” for purposes of Section 18 of the Exchange Act, nor incorporated by reference unless expressly set forth by specific reference. The filing also notes the company is an emerging growth company. The securities listing table shows N/A for exchange-listed securities.

ConnectM Technology Solutions, Inc. disclosed that it has launched a new, wholly owned subsidiary called Keen Labs. The subsidiary will serve as the company’s dedicated innovation and product development arm, with a focus on expanding ConnectM’s presence in artificial intelligence, industrial IoT, battery systems, and distributed energy technologies targeted to enterprise customers. The announcement was made via a press release furnished as Exhibit 99.1 under Regulation FD.