Home / Going-concern warnings / ConnectM Technology Solutions, Inc.
Filed 2026-08-24 路 Form 10-Q 路 Accession 0001104659-26-099803 nano
Price before filing: $4.7 (2026-08-21 close, split/dividend-adjusted)
Market cap at flag: $25.0M (2026-08-24) 路 Latest: $24.8M (2026-10-16)
| Window | CNTM | SPY | vs SPY | |
|---|---|---|---|---|
| 30 days | +10.6% | +0.5% | +10.1% | 2026-09-23 |
| 90 days | pending | pending | until 2026-11-22 | |
| 180 days | pending | pending | until 2027-02-20 |
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: 2 insiders bought $73K (16 purchases, 4 without a usable price)
30 days after: none reported.
| Date | Insider | Type | Shares | Price | Value | 10b5-1 plan | Source |
|---|---|---|---|---|---|---|---|
| 2026-06-02 | Choudhury Mahesh Principal Financial Officer | Purchase | 4,635 | n/a | n/a | no | Form 4 |
| 2026-06-03 | Choudhury Mahesh Principal Financial Officer | Purchase | 1,040 | n/a | n/a | no | Form 4 |
| 2026-06-03 | Choudhury Mahesh Principal Financial Officer | Purchase | 2,421 | n/a | n/a | no | Form 4 |
| 2026-06-03 | Choudhury Mahesh Principal Financial Officer | Purchase | 2,246 | n/a | n/a | no | Form 4 |
| 2026-06-08 | Choudhury Mahesh Principal Financial Officer | Purchase | 950 | $6.92 | $7K | no | Form 4/A |
| 2026-06-09 | Choudhury Mahesh Principal Financial Officer | Purchase | 500 | $6.91 | $3K | no | Form 4/A |
| 2026-06-10 | Choudhury Mahesh Principal Financial Officer | Purchase | 50 | $6.54 | $327 | no | Form 4/A |
| 2026-06-10 | Panigrahi Bhaskar Chief Executive Officer, Director | Purchase | 1,309 | $6.78 | $9K | no | Form 4/A |
| 2026-06-11 | Panigrahi Bhaskar Chief Executive Officer, Director | Purchase | 2,050 | $6.96 | $14K | no | Form 4/A |
| 2026-06-15 | Choudhury Mahesh Principal Financial Officer | Purchase | 537 | $6.74 | $4K | no | Form 4/A |
| 2026-06-18 | Choudhury Mahesh Principal Financial Officer | Purchase | 600 | $7.62 | $5K | no | Form 4/A |
| 2026-06-22 | Choudhury Mahesh Principal Financial Officer | Purchase | 250 | $8.49 | $2K | no | Form 4 |
| 2026-06-23 | Choudhury Mahesh Principal Financial Officer | Purchase | 1,310 | $8.61 | $11K | no | Form 4 |
| 2026-06-24 | Choudhury Mahesh Principal Financial Officer | Purchase | 1,296 | $8.93 | $12K | no | Form 4 |
| 2026-06-25 | Choudhury Mahesh Principal Financial Officer | Purchase | 646 | $8.83 | $6K | no | Form 4 |
| 2026-06-26 | Choudhury Mahesh Principal Financial Officer | Purchase | 120 | $9.06 | $1K | no | Form 4 |
| 2026-08-24: red flag filed | |||||||
Open-market purchases and sales (Form 4 codes P and S) by officers, directors and 10% owners, by transaction date, from 2026-05-26 to 2026-09-23. 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.
"These conditions raise substantial doubt about its ability to continue as a going concern."
Quoted from the filing. Source
The filing states that substantial doubt exists about the company's ability to continue as a going concern: it may not have enough cash to last the next 12 months. Expect dilution, debt deals or worse. An auditor's going-concern paragraph is the strongest form of this warning.
Source: management disclosure in Form 10-Q (period 2026-06-30)
Why this score: quarterly (unaudited) disclosure; 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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