ConnectM Technology Solutions, Inc. Announces 1-for-32 Reverse Stock Split Effective April 17, 2026

Key Points

• Reverse Stock Split Approved and Implemented: ConnectM Technology Solutions, Inc. (“the Company”) executed a 1-for-32 reverse stock split effective as of 4:01 p.m. Eastern Time on April 17, 2026.
• Shareholder Approval: The reverse stock split was previously approved by the Company’s stockholders on January 15, 2026.
• Amendment to Certificate of Incorporation: The Company filed a Certificate of Amendment to its Second Amended and Restated Certificate of Incorporation to effectuate the split.
• No Fractional Shares Issued: Stockholders who would otherwise receive fractional shares will instead receive a whole share.
• No Action Required for Most Stockholders: Shares held electronically (book-entry) or through banks/brokers will be automatically adjusted. Only holders of physical certificates will need to follow instructions from the transfer agent.

Details for Investors

ConnectM Technology Solutions, Inc. has enacted a significant corporate action by implementing a 1-for-32 reverse stock split, reducing the number of issued and outstanding shares of the Company’s common stock. Each 32 shares of pre-split common stock have been automatically converted into one share of post-split common stock.

This reverse split is effective April 17, 2026, following approval by the Company’s stockholders earlier in the year. The amendment to the Company’s Certificate of Incorporation was properly filed with the Secretary of State of Delaware to formalize this change.

Key implications for shareholders include:

• Automatic Conversion: Holders of common stock will see their share balances automatically adjusted according to the 1-for-32 ratio. For example, 3,200 shares pre-split will become 100 shares post-split.
• No Fractional Shares: Shareholders entitled to fractional shares due to the split will not receive partial shares. Instead, all such holders will receive a full share for any fraction that would have arisen from the conversion.
• Book-Entry and Broker Accounts: If your shares are held in book-entry or through a bank, broker, or other nominee, you do not need to take any action. Your positions will be automatically updated to reflect the reverse split, subject to your broker’s processes.
• Physical Certificate Holders: If you hold physical stock certificates, the Company’s transfer agent, Continental Stock Transfer & Trust Company, will provide you with instructions for exchanging your certificates for new ones or for electronic book-entry shares.

Potential Impact and Shareholder Considerations

• Potential Share Price Movement: Reverse stock splits are typically implemented to increase the per-share trading price of a company’s shares. While the split itself does not affect the Company’s overall market capitalization, it can have a psychological impact on the market and may attract new investors who prefer higher-priced stocks.
• Fractional Share Rounding: The policy of rounding up all fractional shares to the next whole share may result in a minor net increase in the number of outstanding shares, but this effect is usually immaterial.
• Emerging Growth Company Status: The Company confirms its status as an emerging growth company under applicable SEC rules, which may provide it with certain reduced disclosure requirements.
• No Trading Symbol or Exchange Change: The Company does not currently list a trading symbol or exchange for its shares, so this action is not related to a compliance issue with any market listing requirements.

Exhibit Filed

• Certificate of Amendment: The full text of the Certificate of Amendment to the Company’s Second Amended and Restated Certificate of Incorporation (as amended) has been filed as Exhibit 3.1 to the Form 8-K.
• Cover Page Interactive Data File: An interactive data file is also included as Exhibit 104.

What Shareholders Need to Do

• If you hold shares electronically or via a broker: No action is required; your holdings will be updated automatically.
• If you hold physical stock certificates: Wait for instructions from Continental Stock Transfer & Trust Company regarding the exchange of your certificates.

Conclusion

The reverse stock split is an important event for ConnectM Technology Solutions, Inc. shareholders. While the number of shares you own will decrease proportionally, your overall ownership percentage in the Company remains unchanged (except for minor changes due to rounding up of fractional shares). The reverse split may enhance the Company’s profile to potential investors and provide greater flexibility for future corporate actions.

Disclaimer: This article is for informational purposes only and does not constitute investment advice. Investors should review official filings and consult with their financial advisors before making investment decisions regarding ConnectM Technology Solutions, Inc.

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