Home/Filings/8-K/0001104659-26-002451
8-K//Current report

ConnectM Technology Solutions, Inc. 8-K

Accession 0001104659-26-002451

$CNTMCIK 0001895249operating

Filed

Jan 8, 7:00 PM ET

Accepted

Jan 9, 4:01 PM ET

Size

518.9 KB

Accession

0001104659-26-002451

Research Summary

AI-generated summary of this filing

Updated

ConnectM Technology Solutions Announces Acquisition of 40% of Sun Solar

What Happened

  • ConnectM Technology Solutions, Inc. (CNTM) announced on January 5, 2026 that it entered into and closed an Acquisition Agreement to acquire a 40% membership interest in Sun Solar LLC. Caleb Arthur assigned 400,000 units (40% of Sun Solar’s 1,000,000 LLC units) to the company.
  • In exchange, ConnectM issued 15,000,000 shares of its common stock (par value $0.0001) to Mr. Arthur or his assignees.

Key Details

  • Date of transaction: January 5, 2026 (closing of Acquisition Agreement).
  • Consideration: 15,000,000 shares of ConnectM common stock issued as payment.
  • Ownership transferred: 400,000 Sun Solar LLC units (40% of the company’s 1,000,000 units).
  • Securities treatment: Shares issued in a private placement relying on Section 4(a)(2) and Regulation D; Mr. Arthur represented he is an accredited investor and the shares carry restrictive legends and transfer limits.
  • Agreement terms: Acquisition Agreement contains customary representations, warranties, interim operating restrictions, no‑shop provisions, required approvals/consents obligations, and reciprocal indemnities with negotiated survival, basket and cap limits (see Exhibit 2.1).

Why It Matters

  • The company has taken an ownership stake (40%) in Sun Solar through a stock-for-membership interest transaction rather than cash, which may affect ConnectM’s equity base and dilution for existing shareholders due to the 15,000,000 shares issued.
  • The deal was completed as a private placement with transfer restrictions and investor representations, meaning the shares were not registered for public resale. Investors should review the Acquisition Agreement (filed as Exhibit 2.1) for further details on rights, restrictions, and any potential operational or financial impacts.