Home / Restatements / ConnectM Technology Solutions, Inc.
Filed 2025-04-15 路 Form 8-K 路 Accession 0001104659-25-034753 nano
Price before filing: $18.72 (2025-04-14 close, split/dividend-adjusted)
Market cap at flag: $35.9M (2025-04-15) 路 Latest: $24.8M (2026-10-16)
| Window | CNTM | SPY | vs SPY | |
|---|---|---|---|---|
| 30 days | -64.1% | +9.5% | -73.6% | 2025-05-15 |
| 90 days | -62.4% | +16.2% | -78.6% | 2025-07-14 |
| 180 days | -54.4% | +23.7% | -78.1% | 2025-10-13 |
Return from the last close before the filing date to the first close on/after the window end. Pending windows have not fully elapsed. Past performance says nothing certain about the future.
90 days before the flag: no open-market insider sales or purchases reported.
30 days after: none reported.
Open-market purchases and sales (Form 4 codes P and S) by officers, directors and 10% owners, by transaction date, from 2025-01-15 to 2025-05-15. Excludes option exercises, grants, gifts and tax withholding. Amended filings replace the originals; joint filings count once. Foreign private issuers do not file Form 4. Many insider sales are pre-scheduled (10b5-1 plans) and are not by themselves a sign of wrongdoing.
"(the " Company "), after discussion with the Audit Committee of the Company and in consultation with the Company's independent registered public accounting firm, concluded that the unaudited interim consolidated financial statements for the quarterly period ended September 30, 2024 (the " Restated Period "), as included in the Company's Quarterly Report on Form 10-Q for such period (the " Prior Filing "), should no..."
Quoted from the filing. Source
The company says previously issued financial statements should no longer be relied upon (8-K Item 4.02). This is one of the most serious accounting red flags: past reported numbers were wrong and will be restated.
Why this score: also within 90 days: Late quarterly report (NT 10-Q)
Read the original filing on SEC.gov →
Not investment advice. Automated summary; verify against the filing.
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