ConnectM Technology Solutions entered a financing arrangement with Ascent Partners Fund for up to $5.0 million in senior secured convertible notes and warrants. The company closed an initial $200,000 note at 10% interest, maturing in August 2027, and expects a second $2.3 million tranche by Sep 4, 2026. The notes convert upon a listing event into Series C Preferred, or at the holder’s option into common stock per formula, and include five-year warrants equal to 50% of note principal. The deal is secured by a first-priority lien over company assets, including Blue Cloud Softech Solutions shares, and provides investors with resale registration rights.

Agreement 1: ConnectM Secures Up to $5 Million in Senior Secured Convertible Notes and Warrants With Ascent Partners

• Agreement type: Securities Purchase Agreement for senior secured convertible notes and warrants (up to $5,000,000)
• Counterparty: Ascent Partners Fund
• Signed / Effective: Aug 31 2026 / Aug 31 2026
• Duration / Termination: Through Aug 2027 (initial note maturity); additional tranches expected
• Reason: Enhance liquidity and fund growth initiatives

Agreement 2: ConnectM Grants First-Priority Lien to Secure Convertible Notes, Pledging Blue Cloud Shares

• Agreement type: Security Agreement granting first-priority lien over substantially all assets
• Counterparty: Ascent Partners Fund
• Signed / Effective: Aug 31 2026 / Aug 31 2026
• Duration / Termination: Until obligations under notes are satisfied
• Reason: Provide collateral to secure financing

Agreement 3: ConnectM Agrees to File Resale Registration Covering Convertible Note and Warrant Shares

• Agreement type: Registration Rights Agreement for resale of underlying securities
• Counterparty: Ascent Partners Fund
• Signed / Effective: Aug 31 2026 / Aug 31 2026
• Duration / Termination: Until registration obligations are completed
• Reason: Facilitate investor liquidity post-financing

Original SEC Filing: ConnectM Technology Solutions, Inc. [ CNTM ] - 8-K - Sep. 04, 2026