ConnectM Announces Receipt of Notice from Nasdaq That ConnectM has Regained Compliance with Nasdaq Rule
ConnectM Technology Solutions (Nasdaq: CNTM) has successfully regained compliance with Nasdaq's listing requirements. The company, which focuses on the electrification economy, had received a notice of non-compliance on December 6, 2024, due to failing to file its Q3 2024 Form 10-Q on time. Following the submission of the required quarterly report on December 16, 2024, Nasdaq staff confirmed on January 31, 2025, that ConnectM now complies with Listing Rule 5250(c)(1), which mandates timely filing of periodic financial reports. The compliance matter has been closed.
ConnectM Technology Solutions (Nasdaq: CNTM) ha riacquistato con successo la conformità ai requisiti di quotazione di Nasdaq. L'azienda, che si concentra sull'economia dell'elettrificazione, aveva ricevuto una notifica di non conformità il 6 dicembre 2024, a causa del mancato invio del suo modulo Q3 2024 10-Q nei tempi stabiliti. Dopo la presentazione del rapporto trimestrale richiesto il 16 dicembre 2024, il personale di Nasdaq ha confermato il 31 gennaio 2025 che ConnectM ora è conforme alla Regola di Quotazione 5250(c)(1), che richiede l'invio tempestivo dei rapporti finanziari periodici. La questione della conformità è stata chiusa.
ConnectM Technology Solutions (Nasdaq: CNTM) ha recuperado con éxito el cumplimiento de los requisitos de cotización de Nasdaq. La empresa, que se centra en la economía de electrificación, había recibido un aviso de incumplimiento el 6 de diciembre de 2024, debido a no presentar a tiempo su Formulario 10-Q del tercer trimestre de 2024. Tras la presentación del informe trimestral requerido el 16 de diciembre de 2024, el personal de Nasdaq confirmó el 31 de enero de 2025 que ConnectM ahora cumple con la Regla de Cotización 5250(c)(1), que exige la presentación oportuna de informes financieros periódicos. El asunto de cumplimiento se ha cerrado.
ConnectM Technology Solutions (Nasdaq: CNTM)는 Nasdaq의 상장 요건을 성공적으로 회복했습니다. 전기화 경제에 중점을 둔 이 회사는 2024년 12월 6일에 2024년 3분기 10-Q 양식을 제때 제출하지 않아 비준수 통지를 받았습니다. 2024년 12월 16일에 요구된 분기 보고서를 제출한 후, Nasdaq 직원은 2025년 1월 31일에 ConnectM이 정기 재무 보고서를 적시에 제출해야 한다는 Listing Rule 5250(c)(1)을 준수한다고 확인했습니다. 준수 문제는 종료되었습니다.
ConnectM Technology Solutions (Nasdaq: CNTM) a réussi à retrouver le respect des exigences de cotation de Nasdaq. L'entreprise, qui se concentre sur l'économie de l'électrification, avait reçu un avis de non-conformité le 6 décembre 2024, en raison du non-envoi de son formulaire 10-Q du T3 2024 dans les délais. Suite à la soumission du rapport trimestriel requis le 16 décembre 2024, le personnel de Nasdaq a confirmé le 31 janvier 2025 que ConnectM est désormais conforme à la Règle de Cotation 5250(c)(1), qui impose l'envoi ponctuel des rapports financiers périodiques. La question de conformité est maintenant close.
ConnectM Technology Solutions (Nasdaq: CNTM) hat erfolgreich die Einhaltung der Zulassungsanforderungen von Nasdaq wiedererlangt. Das Unternehmen, das sich auf die Elektrifizierungswirtschaft konzentriert, hatte am 6. Dezember 2024 eine Mitteilung über die Nichteinhaltung erhalten, da es sein Q3 2024 Formular 10-Q nicht rechtzeitig eingereicht hatte. Nach der Einreichung des erforderlichen Quartalsberichts am 16. Dezember 2024 bestätigten die Mitarbeiter von Nasdaq am 31. Januar 2025, dass ConnectM nun die Zulassungsregel 5250(c)(1) einhält, die die fristgerechte Einreichung von regelmäßigen Finanzberichten vorschreibt. Die Angelegenheit zur Einhaltung wurde abgeschlossen.
- Regained Nasdaq listing compliance, eliminating risk of delisting
- Successfully filed required Q3 2024 financial report
- Previously failed to meet SEC filing deadlines, indicating potential internal control issues
ConnectM today announced that on January 31, 2025, the Staff notified ConnectM that, based on the Company's December 16, 2024, filing of the Third Quarter 10-Q, Staff has determined that the Company complies with the Rule. Accordingly, the matter is now closed.
About ConnectM Technology Solutions, Inc.
ConnectM is a pioneer in the electrification economy, integrating energy assets with its AI-driven technology platform. Focused on delivering solutions that drive efficiency, affordability, and sustainability, ConnectM serves home, facility, and fleet across three major segments: Building Electrification, Distributed Energy, and Transportation and Logistics. The company's vertically integrated approach combines technology, service/distribution networks, and strategic partnerships to accelerate the transition to an all-electric energy economy.
For more information, please visit: www.connectm.com. Stockholders looking to receive Company updates directly to their inbox should sign up here.
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
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SOURCE ConnectM Technology Solutions, Inc.
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