ConnectM Technology Solutions Inc. has announced a new debt offering through the issuance of senior convertible promissory notes. On January 7, 2026, the company entered into a Securities Purchase Agreement with GS Capital Partners, LLC, under which it agreed to sell up to $1,250,000 in convertible notes. As part of this agreement, ConnectM issued an initial senior convertible note to GS Capital in the principal amount of $228,000, which includes an original issue discount of $20,000. The note carries a one-time interest charge of 14% and matures on January 7, 2027. Additionally, ConnectM issued a separate convertible note to Labrys Fund in the principal amount of $227,150, which includes an original issue discount of $20,650 and an interest charge of 10%. The Labrys note matures 12 months from issuance.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. ConnectM Technology Solutions Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001104659-26-009810), on February 03, 2026, and is solely responsible for the information contained therein.