ConnectM Announces Proposed Reverse Stock Split for Uplisting

ConnectM Technology Solutions, Inc. announced on December 22, 2025, that its Board of Directors has approved a proposed reverse stock split. This action requires stockholder approval and involves amending the Company's Certificate of Incorporation to authorize a reverse split of common stock at a ratio between 1-for-5 and 1-for-50, with the exact ratio to be determined by the Board. The primary goal of this reverse split is to support the Company's strategy to uplist to a U.S. national securities exchange, aiming to increase corporate visibility, broaden investor access, enhance liquidity, and improve shareholder value. This move is intended to help the company meet minimum bid price requirements for listing on a national exchange. The Board previously obtained approval for a narrower split range in April 2025 but is now seeking a broader range for greater flexibility. The reverse split is expected to proportionally adjust the number of outstanding shares and the market price per share without changing the overall market value of a stockholder's investment or their proportional ownership. Fractional shares are expected to be rounded up. The Board retains discretion over the timing and final ratio of the split based on market conditions and progress toward uplisting. The company is filing a proxy statement for a special meeting of stockholders to vote on this proposal.