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ConnectM Technology Solutions: Shareholder Update on Future Strategies

In a recent communication to its shareholders, ConnectM Technology Solutions, Inc. (OTC: CNTM) has outlined a comprehensive path forward, highlighting critical developments and steps to enhance stakeholder value. The company finds itself at a pivotal juncture in its operations amid challenges such as the unexpected suspension of trading on Nasdaq.

Current Business Overview

ConnectM stands as a frontrunner in the energy sector, fusing technology with innovation to support the shift to a modern energy economy. Their focus is on leveraging an Energy Intelligence Network that spans various sectors, including HVAC and digital operations. This integrated approach positions ConnectM to optimize energy usage effectively across both residential and commercial domains.

Transition to OTC Pink Market

Following the trading suspension, ConnectM's shares are now transacting on the OTC Pink Market. This shift was swift, yet the trading volume indicates a robust response from investors, with over 10 million shares traded recently. As it stands, brokers like Fidelity and E*TRADE continue to offer services for shareholders to trade ConnectM shares, showcasing a promising liquidity flow despite the recent turbulence.

Commitment to Strategic Plans

Despite the current uncertainties, ConnectM has reiterated its strategic roadmap initially laid out on May 9, 2025. This plan includes a series of pivotal actions:

• - Filing for Form 10-K and 10-Q to regain current reporting status.
• - Aiming for an uplisting to OTCQB to enhance transparency and accessibility.
• - Continued asset acquisition while decreasing liabilities, paving the way for potential re-listing on larger exchanges.
• - Working with ThinkEquity to streamline financial strategy and raise necessary capital.

Financial Performance and Growth

In the wake of market fluctuations, ConnectM continues to exhibit operational strength, reporting both sequential and year-over-year revenue growth alongside improved profitability metrics. Their expanding customer partnerships further underscore a successful performance in key segments such as Home and Building Electrification, and Transportation.

Milestone Calendar

ConnectM has committed to a transparent milestone calendar running through August 2025, consisting of strategies aimed at improving their financial stability and operational effectiveness. Preliminary objectives include:

• - May: Halving stockholder deficits and filing Form 10-K.
• - June: Submission of Q1 '25 Form 10-Q and related filings.
• - July: Advancements in equity capital strategies and preparation for re-listing.
• - August: Formal applications for re-listing on Nasdaq or NYSE.

Closing Remarks

The leadership remains resolute in navigating the company through these challenges. With Bhaskar Panigrahi, the Chairman and CEO, promising consistent updates, ConnectM aims to restore compliance while solidifying its foundation for future endeavors. The ultimate goal is not only compliance but also establishing a more resilient ConnectM for sustained growth in the evolving energy landscape.

For inquiries or feedback, shareholders are encouraged to reach out directly to Bhaskar Panigrahi via email or phone.

About ConnectM Technology Solutions, Inc.

ConnectM leverages advanced technology to drive the evolution of electrified infrastructure and distributed energy solutions, enhancing efficiency in energy consumption. With a unique position in the energy market, the company's initiatives aim to lower costs and reduce environmental impact on a global scale.