SplitApr 17, 2026, 04:11 PM
ConnectM Technology Solutions Completes 1-for-32 Reverse Stock Split
AI Summary
ConnectM Technology Solutions, Inc. has completed a 1-for-32 reverse stock split of its common stock. The reverse split became effective on April 17, 2026, and the company's common stock is expected to begin trading on a post-split basis on April 20, 2026, under a new CUSIP number and a temporary ticker symbol "CNTMD" on the OTCQX.
Key Highlights
- Stockholders approved a reverse stock split between 1-for-5 and 1-for-50 on January 15, 2026.
- The Board approved a 1-for-32 reverse stock split on January 15, 2026.
- The Reverse Split became effective at 4:01 p.m. ET on April 17, 2026.
- Common stock will begin trading on a post-Reverse Split basis on April 20, 2026.
- New CUSIP number is 207944208; ticker will temporarily be "CNTMD" for 20 business days.