Every 8-K that CONNECTM TECH SLTNS NEW (CNTMD) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 8-K covers material events a company has to report between its quarterly reports, so if you follow CNTMD and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full CNTMD filings page.
Technology Solutions, Inc. received in-principle approval from BSE Limited for Blue Cloud Softech Solutions Limited to acquire its India business via a 160 million-share swap. The Company expects to record the Blue Cloud shares as a roughly $30.4 million investment and recognize a non-cash gain of about $18.4 million. On a pro forma basis, stockholders’ equity would rise from approximately $2.0 million to about $18.8 million, while the liabilities-to-equity ratio would improve from about 19x to roughly 1.6x, and equity would be well above the $4–$5 million national exchange minimum. The transaction is described as non-dilutive and closing is anticipated by Q3 2026, after which operations will be largely U.S.-focused and the Blue Cloud shares will be subject to a statutory lock-up under Indian regulations.
Technology Solutions, Inc. reported Q1 2026 revenue of $8.2 million, down from $9.0 million as it deliberately exited legacy Owned Service Network operations. Net loss improved slightly to $6.7 million from $7.0 million, despite recognizing $2.9 million of non-cash divestiture losses.
Selling, general and administrative expenses fell 19% to $5.1 million, improving SG&A as a share of revenue from 70% to 62%. Adjusted EBITDA loss narrowed to $(2.7) million from $(3.0) million. Keen Labs generated $1.9 million of product revenue in its first full quarter and Logistics grew 23% year over year to $3.1 million.
The company exited or wound down four service sub-units, closed the Harry Kahn Associates defense acquisition, and signed a Blue Cloud India Share Swap implying about $39.6 million in value. It also completed a 1-for-32 reverse stock split to support a planned national exchange uplisting.
Technology Solutions, Inc. has entered a Share Swap Agreement to divest its 94.1%-owned India business, Global Impx Inc., including the Geo Impex land asset, to Blue Cloud Softech Solutions Ltd. in exchange for 170 million Blue Cloud shares valued at approximately $34.2 million.
The Company is expected to receive 160 million shares, implying about a 17.3% ownership stake in Blue Cloud, while exiting an India segment that contributed roughly $2 million of FY 2025 revenue, or 5.8% of its $35 million total revenue. The Blue Cloud shares will be subject to a six-month lockup after closing, which is expected within 180 days of May 4, 2026, subject to stock exchange and regulatory approvals.