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ConnectM Issues Letter to Stockholders

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MARLBOROUGH, Mass., May 8, 2025 /PRNewswire/ — ConnectM Technology Solutions, Inc. (OTC: CNTM) (“ConnectM” or the “Company”), a high-growth technology company on the leading edge of the energy economy, today issued the following letter to shareholders:

Dear ConnectM Community, 

As you may have noticed, Nasdaq suspended trading of our stock this morning. With the guidance of the nation’s top Nasdaq Advisory consultant, we had a meeting with the Hearings Panel two weeks ago to discuss our plan to regain compliance under the Nasdaq market value of listed securities and timely filing requirements and were quite surprised by their sudden suspension notice. 

I want to be very clear that ConnectM’s fundamentals have not changed. Our operations and growth prospects are as strong as ever. We have several appealing capital raise, organic, and inorganic growth options available to us and management will prudently evaluate these options in the best interest of our stockholders. I believe the future remains bright for ConnectM and our intrinsic value is well above our current market price.

Post our Nasdaq hearing, management made substantial progress towards regaining listing compliance and this information has been sent to Nasdaq as of May 7, 2025. As a result, we are currently consulting with our advisors regarding the possibility of appealing the decision and presenting our plan to regain and maintain compliance. 

While we sort through the above, ConnectM is currently listed on the OTC Pink Market, and our stock can be traded through certain brokerage accounts, including Charles Schwab, Fidelity, E*Trade, and Interactive Brokers. Some of these platforms require user approval for OTC trading and users may need to adjust account settings and risk profiles so please check with your broker if you would like to trade our stock. 

We plan to uplist the company to the OTCQB Market as soon as possible and ultimately back to either the Nasdaq or NYSE regardless of whether our appeal is successful. Our team is laser focused on filing our Annual Report on Form 10-K for the year ended December 31, 2024, followed by our Quarterly Report on Form 10-Q for the quarter ended March 31, 2025. I intend to provide more details on this plan by May 9th.

Despite this setback, my management team and I want to reiterate our commitment to the company, our employees, our stockholders, and our community. ConnectM is a viable, strong, growing company and we will demonstrate this in due course. 

Sincerely Yours, 

Bhaskar Panigrahi 

About ConnectM Technology Solutions, Inc.

ConnectM is a constellation of companies powering the next generation of electrified equipment, mobility, and distributed energy—thus enabling a faster, smarter transition to a modern energy economy. The Company provides residential and light commercial service providers and original equipment manufacturers with a proprietary Energy Intelligence Network platform to accelerate the transition to all-electric heating, cooling, and transportation. Leveraging technology, data, artificial intelligence, and behavioral economics, ConnectM aims to lower energy costs and reduce carbon emissions globally.

For more information, please visit: https://www.connectm.com/

Cautionary Note Regarding Forward-Looking Statements

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act and Section 21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act”). We have based these forward-looking statements on our current expectations and projections about future events. All statements, other than statements of present or historical fact included in this press release, regarding our future financial performance and our strategy, expansion plans, future operations, future operating results, estimated revenues, losses, projected costs, prospects, plans and objectives of management are forward-looking statements. In some cases, you can identify forward-looking statements by terminology such as “may,” “should,” “could,” “would,” “expect,” “plan,” “anticipate,” “intend,” “believe,” “estimate,” “continue,” “project” or the negative of such terms or other similar expressions. These forward-looking statements are subject to known and unknown risks, uncertainties and assumptions about us that may cause our actual results, levels of activity, performance or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by such forward-looking statements. Except as otherwise required by applicable law, we disclaim any duty to update any forward-looking statements, all of which are expressly qualified by the statements in this section, to reflect events or circumstances after the date of this press release. We caution you that the forward-looking statements contained herein are subject to numerous risks and uncertainties, most of which are difficult to predict and many of which are beyond our control. In addition, we caution you that the forward-looking statements regarding the Company contained in this press release are subject to the risks and uncertainties described in the “Cautionary Note Regarding Forward-Looking Statements” section of the Current Report on Form 8-K filed with the Securities and Exchange Commission on July 18, 2024. Such filing identifies and addresses other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statements, and ConnectM is under no obligation to update or revise these forward-looking statements, whether as a result of new information, future events, or otherwise. 

Contact:
Investor Relations
Dave Gentry, CEO
RedChip Companies, Inc.
1-407-644-4256
CNTM@redchip.com

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SOURCE ConnectM Technology Solutions, Inc.

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Cymulate Receives Frost & Sullivan’s 2026 Indian Competitive Strategy Leadership Recognition for Advancing Continuous Security Validation

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The recognition highlights Cymulate’s competitive strategy, continuous innovation, and customer-centric approach to strengthening cyber resilience across complex enterprise environments.

SAN ANTONIO, Oct. 5, 2026 /PRNewswire/ — Frost & Sullivan pleased to announce that Cymulate has received the 2026 Indian Competitive Strategy Leadership Recognition in the breach and attack simulation industry for its outstanding achievements in continuous security validation, platform innovation, and customer impact. The recognition highlights Cymulate’s leadership in advancing proactive cybersecurity strategies, strengthening enterprise cyber resilience, and helping organizations validate the effectiveness of their security controls in an increasingly complex threat landscape.

Frost & Sullivan evaluates companies through a rigorous benchmarking process across two core dimensions: strategy effectiveness and strategy execution. Cymulate excelled in both, demonstrating its ability to align its strategic initiatives with evolving enterprise cybersecurity requirements while executing with innovation, consistency, and scale.

“The Cymulate platform differentiates itself through one of the industry’s broadest attack libraries, covering a wide range of tactics, techniques, and procedures across email security, endpoint security, data protection, cloud environments, and other critical domains. Its rapid deployment enables organizations to begin simulations quickly, accelerating time to value and helping security teams identify configuration weaknesses and prioritize remediation without lengthy implementation cycles,” said Rajarshi Dhar, Associate Director at Frost & Sullivan.

Guided by a long-term strategy that centers on continuous security validation and threat exposure management, Cymulate has played an important role in advancing the breach and attack simulation market in India. The company introduced continuous attack simulation to enterprises at a time when penetration testing and red teaming were the primary approaches to offensive security assessment, helping establish a better understanding of the value of continuously validating deployed security controls.

Innovation remains central to Cymulate’s approach. Its threat exposure validation platform enables organizations to simulate real-world cyberattacks, assess the effectiveness of security controls, identify vulnerabilities, and prioritize remediation efforts. With broad attack coverage across email, endpoints, data protection, cloud environments, infrastructure, and other critical domains, the platform provides enterprises with objective evidence of their cyber resilience across increasingly interconnected IT and eligible OT environments.

Cymulate’s commitment to customer success strengthens its position in the Indian cybersecurity market. Through a combination of local expertise, a growing partner ecosystem, technical workshops, knowledge transfer, and continuous operational support, the company helps customers progressively expand their validation capabilities as their cybersecurity priorities evolve. Its modular architecture enables organizations to strengthen coverage over time without replacing existing security infrastructure, while integrations with enterprise cybersecurity platforms support more efficient remediation workflows and informed security decision-making.

A customer-centric approach has contributed to customer retention exceeding 90%, according to the company, while its platform has demonstrated measurable operational value across complex enterprise environments. By enabling organizations to continuously validate newly disclosed vulnerabilities and emerging attack techniques, Cymulate helps security teams move beyond point-in-time assessments toward a more proactive and evidence-based approach to cyber resilience.

Frost & Sullivan commends Cymulate for setting a high standard in competitive strategy, continuous innovation, and market responsiveness. Through its comprehensive attack coverage, rapid deployment capabilities, ecosystem integrations, and focus on long-term customer outcomes, the company is helping shape the future of the breach and attack simulation industry and continuous security validation.

Each year, Frost & Sullivan presents the Competitive Strategy Leadership Recognition to a company that demonstrates outstanding strategy development and implementation, resulting in measurable improvements in competitive positioning and customer value. The recognition highlights forward-thinking organizations that are reshaping their industries through innovation, strategic excellence, and sustained growth.

Frost & Sullivan Best Practices Recognition
Frost & Sullivan’s Best Practices Recognitions honor companies across regional and global markets that exhibit exceptional achievement and consistent excellence in areas such as leadership, technological innovation, customer experience, and strategic product development. Each recognition is the result of a rigorous analytical process in which Frost & Sullivan industry experts benchmark performance through comprehensive interviews, deep-dive analysis, and extensive secondary research. The goal is to identify true best-in-class organizations that are driving transformative growth and setting new industry standards.
Contact us: Start the discussion.

Contact:
Tarini Singh
E: Tarini.Singh@frost.com 

About Cymulate
Cymulate is the leader in proactive, AI-powered security that continuously proves, prioritizes and adapts against real attacker behavior – before incidents occur. More than 1,000 enterprise security teams rely on Cymulate for autonomous threat validation and cyber defense engineering. Founded and led by experienced red teamers who know that testing alone does not deliver better security, Cymulate goes beyond threat validation to build threat- and exposure-informed cyber defenses. For more information, visit www.cymulate.com.

Media Contact:
Niraj Soni
E: nirajs@cymulate.com

 

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SOURCE Frost & Sullivan

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Share buybacks in Ericsson during the period September 28 – October 2, 2026

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STOCKHOLM, Oct. 5, 2026 /PRNewswire/ — During the period September 28 – October 02, 2026, Telefonaktiebolaget LM Ericsson (publ) (“Ericsson”) (LEI code 549300W9JLPW15XIFM52) repurchased own Class B shares (ISIN: SE0000108656) as follows:

Date

Aggregated daily volume
(number of shares)

Weighted average share
price per day (SEK)

Total daily transaction
value (SEK)

28/09/2026

1,842,000

93.5612

172,339,730.40

29/09/2026

1,851,000

93.7513

173,533,656.30

30/09/2026

1,869,000

92.7149

173,284,148.10

01/10/2026

1,892,000

91.7652

173,619,758.40

02/10/2026

1,916,000

93.6624

179,457,158.40

Total

9,370,000

93.0880

872,234,451.60

The share repurchases are a part of the share buyback program of up to SEK 15,000,000,000 which Ericsson announced on April 16, 2026, and which runs between April 23, 2026, and March 31, 2027, at the latest. The Board of Directors intends to propose to the 2027 Annual General Meeting that the repurchased shares, other than those used to fulfil Ericsson’s obligations under its share-related incentive programs, are cancelled.

The share buyback program is executed in accordance with the Regulation (EU) No 596/2014 of the European Parliament and of the Council on market abuse (MAR) and the Commission Delegated Regulation (EU) 2016/1052 of 8 March 2016 supplementing MAR (the Safe Harbour Regulation).

All acquisitions have been carried out on Nasdaq Stockholm by Goldman Sachs Bank Europe SE on behalf of Ericsson. A full breakdown of the transactions is attached to this announcement.

Following the repurchases above, Ericsson’s holding of treasury stock amounts to 117,888,663 Class B shares. There are in total 3,371,351,735 shares in Ericsson, 261,755,983 shares of Class A and 3,109,595,752 shares of Class B.

NOTES TO EDITORS:

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MORE INFORMATION AT:
Ericsson Newsroom
media.relations@ericsson.com (+46 10 719 69 92)
investor.relations@ericsson.com (+46 10 719 00 00)

Investors
Daniel Morris, Vice President, Head of Investor Relations
Phone: +44 7386 657217
E-mail: investor.relations@ericsson.com

Lena Häggblom, Director, Investor Relations
Phone: +46 72 593 27 78
E-mail: lena.haggblom@ericsson.com

Media
Ralf Bagner, Head of Media Relations
Phone: +46761284789
E-mail: ralf.bagner@ericsson.com

ABOUT ERICSSON:

Ericsson’s high-performing, programmable networks provide connectivity for billions of people every day. For 150 years, we’ve been pioneers in creating technology for communication. We offer mobile communication and connectivity solutions for service providers and enterprises. Together with our customers and partners, we make the digital world of tomorrow a reality. www.ericsson.com

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/ericsson/r/share-buybacks-in-ericsson-during-the-period-september-28—october-2–2026,c4404271

The following files are available for download:

https://mb.cision.com/Main/15448/4404271/4300866.pdf

Share buybacks in Ericsson during the period September 28-October 2 2026

https://mb.cision.com/Public/15448/4404271/9ca7dfa75199cf3b.xlsx

Daily Ericsson Share Buyback Report

 

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Sovereign Wealth Fund Institute announces first I20 Summit alongside G20 Leaders’ Summit, targets US$5tn capital deployment into US

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Five-day event set for Miami (11–15 December 2026) alongside the G20 Leaders’ Summit at Trump National Doral.Convenes global sovereign, pension, and institutional allocators representing every G20 and allied nation.SWFI targets US$5 trillion in capital deployment into key American growth sectors.

NEW DELHI, Oct. 5, 2026 /PRNewswire/ — The Sovereign Wealth Fund Institute (SWFI) has officially announced G20 Investment Week and the inaugural I20 Summit, taking place in Miami from 11–15 December 2026. Held alongside the official G20 Leaders’ Summit at Trump National Doral, this invitation-only gathering aims to direct US$5 trillion in long-term institutional capital into the United States.

The five-day program opens with a welcome dinner on 11 December, followed by specialized investor days, and concludes on 15 December with Global Leaders Day and the GOOD Fellows Awards. Over three core days, SWFI will host parallel sector sessions bringing sovereign wealth funds, pension funds, endowments, central bank reserve managers, and state officials into direct alignment. American governors and economic development authorities will present shovel-ready projects across twelve key growth sectors, including energy & LNG, SI & data center infrastructure, critical minerals, advanced manufacturing, real estate, private credit, and digital assets.

Announced at iBRICS 2026 in New Delhi, the initiative engages allocators across the Global South and allied economies spanning G20 members, the European Union, the African Union, and invited guest nations such as Qatar, Singapore, the UAE, Norway, and Finland.

Lakshmi Narayanan Ramanujam, Chairman, SWFI said: “The G20 sets the direction of the world economy. The I20 is where capital decides whether to follow. We unveiled this project at iBRICS 2026 in New Delhi because capital does not belong to a bloc. It looks for scale, rule of law and returns, and no market offers more of all three than the United States.”

Chip Rogers, Advisor and spokesperson to SWFI, said: “American states have projects that are permitted and ready for capital. What they rarely get is a week in the same city as the funds that can finance them. Miami gives them that week.”

About the I20 Summit

The I20 Summit is SWFI’s independent convening of long-term investors for the United States’ G20 host year. https://i20summit.com/

About the Sovereign Wealth Fund Institute

Established in 2008 and headquartered in Dallas, Texas, SWFI has convened sovereign wealth funds, pension funds and family offices across 60 cities in 20 countries, at venues including the House of Commons, Guildhall and Mansion House. www.swfinstitute.org

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