ConnectM says Subrahmanyam Kota discloses ownership of 3.5% stake

ConnectM (CNTM) Technology Solutions announced that Subrahmanyam Kota IRRV Trust, an institutional investor, has filed a Schedule 13G with the SEC, disclosing ownership of 1,023,038 shares, or approximately 3.5% of ConnectM’s outstanding common stock. Subrahmanyam Kota IRRV Trust’s investment represents a meaningful ownership stake in ConnectM, reflecting confidence in the company’s strategic direction and future prospects. With Subrahmanyam Kota IRRV Trust’s investment, total institutional ownership in ConnectM now stands at 49.9% of the company’s outstanding shares.