13.4% Stake Acquired by Another Institutional Investor in ConnectM, Bringing Total Institutional Ownership to 46.4%

Provided By PR Newswire

Last update: Mar 24, 2025

MARLBOROUGH, Mass., March 24, 2025 /PRNewswire/ -- ConnectM Technology Solutions, Inc. (Nasdaq: CNTM) ("ConnectM" or the "Company"), a high-growth technology company on the leading edge of the energy economy, today announced that SRISID LLC, an institutional investor, has filed a Schedule 13G with the Securities and Exchange Commission (SEC), disclosing ownership of 3,893,680 shares, or approximately 13.4% of ConnectM's outstanding common stock.