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ConnectM has retired an additional $9M of debt since March 31

ConnectM (CNTM) announced that the company has retired an additional $9M of debt since March 31. Since going public on July 15, 2024, ConnectM has eliminated $40M in liabilities, bringing total outstanding debt to less than $8M. The company expects to be in a positive stockholder equity position by Q2 2025.

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