ConnectM Technology Solutions, Inc. (OTC: CNTM) provides an update on its capital markets turnaround after Nasdaq delisting in May 2025.
The company successfully moved from the Expert Market to OTCQB, restored SEC reporting, and continues to grow revenue in fast-growing battery and energy storage markets.
Key milestones include uplisting to OTCQB, strong revenue growth, balance sheet improvement, and strategic acquisitions to expand business offerings.
Capital Markets Turnaround
Successfully regained current SEC reporting status and uplisted to OTCQB, positioning for a potential uplisting to a major U.S. exchange.
Revenue Growth
Achieved double-digit year-over-year revenue growth and approximately 60% year-to-date revenue growth through Q3 2025.
Balance Sheet Strengthening
Retired over $10 million of debt, moving from a stockholders' deficit to an estimated positive stockholders' equity.
Strategic Acquisitions
Acquired Amperics, Geo Impex, Air Temp Service Co., and Cambridge Energy Resources Ltd. to enhance business offerings and geographical presence.
- ConnectM successfully executed its turnaround plan, demonstrating resilience and strategic focus after the Nasdaq delisting.
- The company's initiatives, including strong revenue growth, debt reduction, and strategic acquisitions, have positioned it for potential future growth and a return to a major exchange.
ConnectM's turnaround story showcases resilience, strategic execution, and commitment to growth and financial stability. The company's focus on innovation and market trends in battery power and energy storage positions it for future success.