ConnectM Technology Solutions, Inc. announced it is conducting testing-the-waters for potential Regulation A rights offering and Rule 506(c) accredited investor offering ahead of planned NYSE American uplisting.
Key takeaways
Engaged Moody Capital Solutions, Inc. to conduct testing-the-waters process for investor demand.
Exploring dual capital raises: Rule 506(c) private placement for accredited investors and Regulation A rights offering for existing shareholders.
Potential securities include common stock, dividend-yielding preferred stock, warrants, and/or dividend-yielding convertible preferred stock.
Strategy supports planned NYSE American uplisting and 2026 targets of $75 million revenue and positive EBITDA.
No offerings have commenced; no money is being solicited at this time.