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ConnectM Technology Solutions ( (CNTM) ) just unveiled an update.
On May 5, 2025, ConnectM Technology Solutions, Inc., a Delaware corporation, filed certificates for Series A and Series B Convertible Preferred Stock with the Secretary of State of Delaware. The Series A Preferred Stock offers a 12% annual dividend, while Series B offers 18%, both payable quarterly. The stocks are convertible into common shares under specific conditions and have liquidation preferences over common stock. The company also retains the option to redeem these shares and has set limitations on conversions to comply with exchange rules.
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
Average Trading Volume: 4,411,019
Technical Sentiment Signal: Sell
Current Market Cap: $7.03M
For an in-depth examination of CNTM stock, go to TipRanks’ Stock Analysis page.