ConnectM Announces Institutional Investor Filing of Schedule 13G, Representing 6.9% of Outstanding Shares
ConnectM Technology Solutions (Nasdaq: CNTM) announced that institutional investor Win-Light Global Co. has filed a Schedule 13G with the SEC, revealing ownership of approximately 1,995,126 shares, representing 6.9% of ConnectM's outstanding common stock.
The Schedule 13G filing indicates a significant passive investment position, demonstrating institutional confidence in ConnectM's strategic direction and future prospects. ConnectM, positioned as a high-growth technology company in the electrification economy, received this substantial investment stake from Win-Light Global.
ConnectM Technology Solutions (Nasdaq: CNTM) ha annunciato che l'investitore istituzionale Win-Light Global Co. ha presentato un Schedule 13G presso la SEC, rivelando la proprietà di circa 1.995.126 azioni, che rappresentano il 6,9% del capitale sociale in circolazione di ConnectM.
La presentazione del Schedule 13G indica una posizione di investimento passivo significativa, dimostrando la fiducia istituzionale nella direzione strategica e nelle prospettive future di ConnectM. ConnectM, posizionata come un'azienda tecnologica ad alta crescita nell'economia dell'elettrificazione, ha ricevuto questa sostanziale partecipazione da Win-Light Global.
ConnectM Technology Solutions (Nasdaq: CNTM) anunció que el inversor institucional Win-Light Global Co. ha presentado un Schedule 13G ante la SEC, revelando la propiedad de aproximadamente 1,995,126 acciones, que representan el 6.9% de las acciones ordinarias en circulación de ConnectM.
La presentación del Schedule 13G indica una posición de inversión pasiva significativa, demostrando la confianza institucional en la dirección estratégica y las perspectivas futuras de ConnectM. ConnectM, posicionada como una empresa tecnológica de alto crecimiento en la economía de la electrificación, recibió esta sustancial participación de Win-Light Global.
ConnectM Technology Solutions (Nasdaq: CNTM)는 기관 투자자 Win-Light Global Co.가 SEC에 Schedule 13G를 제출하여 약 1,995,126주를 소유하고 있음을 밝혔으며, 이는 ConnectM의 발행된 보통주 6.9%에 해당합니다.
Schedule 13G 제출은 상당한 수동 투자 위치를 나타내며, ConnectM의 전략적 방향과 미래 전망에 대한 기관의 신뢰를 보여줍니다. ConnectM은 전자화 경제에서 고성장 기술 회사로 자리 잡고 있으며, Win-Light Global로부터 이 상당한 투자 지분을 받았습니다.
ConnectM Technology Solutions (Nasdaq: CNTM) a annoncé que l'investisseur institutionnel Win-Light Global Co. a déposé un Schedule 13G auprès de la SEC, révélant la possession d'environ 1.995.126 actions, représentant 6,9% des actions ordinaires en circulation de ConnectM.
Le dépôt du Schedule 13G indique une position d'investissement passif significative, démontrant la confiance institutionnelle dans la direction stratégique et les perspectives futures de ConnectM. ConnectM, positionnée comme une entreprise technologique à forte croissance dans l'économie de l'électrification, a reçu cette participation substantielle de Win-Light Global.
ConnectM Technology Solutions (Nasdaq: CNTM) gab bekannt, dass der institutionelle Anleger Win-Light Global Co. einen Schedule 13G bei der SEC eingereicht hat, der den Besitz von etwa 1.995.126 Aktien offenbart, was 6,9% der ausstehenden Stammaktien von ConnectM entspricht.
Die Einreichung des Schedule 13G zeigt eine bedeutende passive Investitionsposition und demonstriert das institutionelle Vertrauen in die strategische Ausrichtung und die zukünftigen Perspektiven von ConnectM. ConnectM, das sich als wachstumsstarkes Technologieunternehmen in der Elektrifizierungswirtschaft positioniert, erhielt diesen erheblichen Investitionsanteil von Win-Light Global.
- Significant 6.9% institutional ownership stake shows investor confidence
- Schedule 13G filing indicates strong passive institutional investment interest
- None.
A Schedule 13G filing indicates a significant passive investment by institutional or qualified investors. Win-Light Global Co. Ltd.'s investment represents a meaningful ownership stake in ConnectM, reflecting confidence in the Company's strategic direction and future prospects.
About ConnectM Technology Solutions, Inc.
ConnectM is a constellation of companies powering the next generation of electrified equipment, mobility and distributed energy—thus enabling a faster, smarter transition to a modern energy economy. The Company provides residential and light commercial service providers and original equipment manufacturers with a proprietary Energy Intelligence Network platform to accelerate the transition to all-electric heating, cooling, and transportation. Leveraging technology, data, artificial intelligence, and behavioral economics, ConnectM aims to lower energy costs and reduce carbon emissions globally.
For more information, please visit: https://www.connectm.com/.
Cautionary Note Regarding Forward-Looking Statements
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act and Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act"). We have based these forward-looking statements on our current expectations and projections about future events. All statements, other than statements of present or historical fact included in this press release, regarding our future financial performance and our strategy, expansion plans, future operations, future operating results, estimated revenues, losses, projected costs, prospects, plans and objectives of management are forward-looking statements. In some cases, you can identify forward-looking statements by terminology such as "may," "should," "could," "would," "expect," "plan," "anticipate," "intend," "believe," "estimate," "continue," "project" or the negative of such terms or other similar expressions. These forward-looking statements are subject to known and unknown risks, uncertainties and assumptions about us that may cause our actual results, levels of activity, performance or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by such forward-looking statements. Except as otherwise required by applicable law, we disclaim any duty to update any forward-looking statements, all of which are expressly qualified by the statements in this section, to reflect events or circumstances after the date of this press release. We caution you that the forward-looking statements contained herein are subject to numerous risks and uncertainties, most of which are difficult to predict and many of which are beyond our control. In addition, we caution you that the forward-looking statements regarding the Company contained in this press release are subject to the risks and uncertainties described in the "Cautionary Note Regarding Forward-Looking Statements" section of the Current Report on Form 8-K filed with the Securities and Exchange Commission on July 18, 2024. Such filing identifies and addresses other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statements, and ConnectM is under no obligation to update or revise these forward-looking statements, whether as a result of new information, future events, or otherwise.
Contact:
Investor Relations
Dave Gentry, CEO
RedChip Companies, Inc.
1-407-644-4256
CNTM@redchip.com
View original content to download multimedia:https://www.prnewswire.com/news-releases/connectm-announces-institutional-investor-filing-of-schedule-13g-representing-6-9-of-outstanding-shares-302402018.html
SOURCE ConnectM Technology Solutions, Inc.
FAQ
What percentage stake did Win-Light Global acquire in ConnectM (CNTM)?
What type of SEC filing did Win-Light Global submit for their CNTM investment?
How many shares of ConnectM (CNTM) did Win-Light Global purchase?
What does Win-Light Global's investment indicate about ConnectM (CNTM)?
