ConnectM Faces Nasdaq Non-Compliance Notice

ConnectM Technology Solutions ( (CNTM) ) has shared an update.

On April 17, 2025, ConnectM Technology Solutions received a notification from Nasdaq indicating non-compliance with SEC periodic reporting requirements due to the late filing of its 2024 10-K. Previously, the company had also failed to meet the $50 million market value of listed securities requirement, risking delisting unless a hearing was requested. ConnectM has requested a hearing and plans to file the report soon, but there is no guarantee of regaining compliance or receiving further extensions.

Spark’s Take on CNTM Stock

According to Spark, TipRanks’ AI Analyst, CNTM is a Underperform.

ConnectM Technology Solutions faces severe financial difficulties, with no revenue and ongoing losses. Technical indicators offer some short-term optimism, but long-term trends remain negative. Valuation metrics highlight unprofitability, and a potential Nasdaq delisting poses a significant risk. Overall, the stock is currently a high-risk investment with a low score of 28.

To see Spark’s full report on CNTM stock, click here.

More about ConnectM Technology Solutions

ConnectM Technology Solutions, Inc. is a high-growth technology company focused on advancing the energy economy. It offers an Energy Intelligence Network platform aimed at optimizing energy efficiency, enhancing operational performance, and supporting sustainable innovation for residential and commercial service providers and original equipment manufacturers.

YTD Price Performance: -45.68%

Average Trading Volume: 3,723,520

Technical Sentiment Signal: Buy

Current Market Cap: $24.14M

Learn more about CNTM stock on TipRanks’ Stock Analysis page.