Evaluate
3 days ago
Did the CNTM outstanding share count increase to around 50 Million shares recently?!
On 4/11/2025, the announcement date of the buy-out offer, the company indicated the outstanding share count at 3/17/2025 was 35,505,015.
On 4/11/2025, ConnectM stated it has informed the Buy-Out Group that its current shares outstanding total 38,760,828.
So that is a HUGE increase in the last couple of weeks!
Is there a website that reflects the total company outstanding share count on a daily basis?
SEC Filings:
https://www.nasdaq.com/market-activity/stocks/cntm/sec-filings?page=1&rows_per_page=14
Date/ Entity/ Shares/ Percentage/ Implied Outstanding Shares
4/24/25/ Win-Light Global Co. Ltd/ 3,475,016/ 6.96%/ 49,928,391
4/23/25/ ARUMILLI LLC/ 5,069,384/ 10.15%/ 49,944,670
4/22/25/ SRISID LLC/ 7,553,664/ 15.10%/ 50,024,265
Evaluate
4 days ago
"Why do you think the stock is trading in the 60 cents range considering that an offer has been made public at $1.60?"
Now the stock is trading closer to 70 cents, but still oddly low if the offer of $1.60 is legit.
Is this the boutique investment firm providing the company with guidance regarding the offer?
https://www.think-equity.com/team
The buy-out offer was made by the Company's three largest and longstanding institutional stockholdersβ
SriSid LLC,
Arumilli LLC, and
Win-Light Global Co. Ltd.
Based on the most recent PR from yesterday (April 22) .... it appears to imply that the total outstanding common stock increased to 50.0 Million?!
Whereas just a week prior (April 15), there PR spelled out that the Company's current shares outstanding were 38.76 million.
So did the outstanding share count just increase by 11,240,000 shares this week?? (an increase of 29.0%)??
4/22/2025: SRISID LLC Increases Position to 7.55M Shares of ConnectM, Representing 15.1% of the Company's Outstanding Common Stock.
{This would imply 50.0M total outstanding common stock?!!
7.55M shares divided by 38.76M shares would be 19.48%}
4/15/2025: Win-Light Global Acquires an Additional 1,479,890 ConnectM Shares, Boosting Buy-Out Group's Holdings to 24.5% of Shares Outstanding.
Following this latest acquisition, the Buy-Out Group comprising Win-Light, SriSid LLC, and Arumilli LLC now collectively holds 9,490,496 shares of ConnectM.
This represents an 18.5% increase from the 8,010,496 shares disclosed in the Buy-Out Group's initial offer letter dated March 31, 2025.
Based on the Company's current shares outstanding of 38.76 million, the proposed transaction implies a total equity value of approximately $62 million.
4/11/2025: As announced on April 3, 2025, the buy-out offer contemplates the acquisition of all outstanding shares of ConnectM at a cash price of $1.60 per share. At the time of the offer, the Buy-Out Group had referenced the Company's shares outstanding as of December 31, 2024, which implied an equity value of approximately $46.5M.
{This would imply about 29,062,500 total outstanding common stock}.
ConnectM has since informed the Buy-Out Group that its current shares outstanding total 38,760,828, implying a total equity value of approximately $62.02 million.
4/4/2025: Subrahmanyam Kota IRRV Trust: disclosing ownership of 1,023,038 shares, or approximately 3.5% of ConnectM's outstanding common stock.
{This would imply about 29,229,657 total outstanding common stock}.
With Subrahmanyam Kota IRRV Trust's investment, total institutional ownership in ConnectM now stands at 49.9% of the Company's outstanding shares.
QaB2i
4 days ago
Allow me to postulate a theory. Prehaps the issuer, convinced by inferior knowledge and experience believed in the Easter bunny, tooth fairy's and naked short selling schemes, convinced several other rich naive investors of the same notion, and concocted a hard offer for 100% of the company. If there were a rabid naked bet, surely it would need to cover as the hard bid ate 100% of the supply. That said, why not take out all the debt, prior to converting and diluting the company adding more shares to buy?
It's a conundrum
John_Vallay
4 days ago
It is safe to say CNTM took the company public through a SPAC and it has not gone very well.
CNTM management has been slapped in the face with a dose of wall street reality because their stock is declining on a consistent basis.
It would then seem to appear as if the 4 self-described institutional investors either bought their shares from CNTM management at steep discounts to accumulate their current positions in an effort to get some type of excitement about the stock which would have driven the price up and management would have probably then decided not to accept the $1.60 offer, or maybe they were investors in the SPAC and already shorted the company and made a bunch of money and are now coming in with more shares with a deal that will dilute the company to a point that it will be 10 cents if they do not do a reverse split.
With all the press releases the company has issued the charade management concocted has not worked and now the decision must be how can the company move forward as a nasdaq company.
I am keeping my fingers crossed that they do a reverse split with a capital raise through Think Equity investment bank because I would love to short the stock upon the reverse split being done. I am sure some small funds will short it also but I am not a big player in the grand scheme of things. I would short about 50,000 - 100,000 shares based on reverse split numbers. I am predicting a reverse split that will get CNTM stock to $6.00 a share. I would short 50,000 if they do the $6 RS. Its going to go down at least to $4 a share in the first 2 trading days.
The $1.60 offer is not being considered by investors because the stock is trading at 60 cents, which means investors are leaving $1.00 a share on the table.
If the offer was real, I would imagine investors would buy up shares to the $1.30 to $1.40 range and wait for the deal to close and walk away with the $1.60 in cash per share. But since there is not much trading, or demand on the stock, it is safe to say this scheme is not working.
And to go into it a bit deeper, what group of institutional investors would leave the $1.60 offer out there given the company has filed an 8K announcing that past results can not be relied upon due to accounting errors. Any REAL institutional investor would withdraw the offer.
Come on, this charade, scheme, idea to inflate or somehow manipulate the stock is not working.
But please I beg the company to do the reverse split because I would love to make $1.50 per share on a short.
If they RS to $6.00, I will short the stock to $4.75 because I predict a $4.00 stock price very quickly. To be safe I am looking at covering at $4.50.
NovaChimera99
6 days ago
they seemed real, can they fake file the fact that they own the company they had 49% of the stock the 3 of them or 4 before dilution
One is siri info owner, other is siri health coo, Ignatus doupaty
other owns a Chinese garment or clothes business which makes indian clothes, for weddings like robes, the 3rd being Mr. Xu. All 3 have +50mn $ revenue businesses, private ones. the 3 people are real why are you saying they are not
John_Vallay
3 weeks ago
Today, Connectm announces they retained Thinkequity as an investment bank to review the supposed offer they got to be acquired for $1.60 a share so the company can go private.
As many who have read this board I am a shorter of this stock and I think this entire buyout offer for outstanding shares at $1.60 by 3 institutional investors is fake, misleading and possibly criminal. That is just my opinion.
Back in March Connectm issued a press release that they will be presenting at Roth conference and they will be holding meetings throughout Los Angeles. That is called a dog-n-pony or a road show.
I guess that presentation and those meetings did not result in any new investors or a banking deal with Roth because now they hire Thinkequity in New York.
I do not believe the $1.60 offer is real and I am guessing that Thinkequity will probabaly give them a much higher valuation which the company will end up turning down the $1.60 offer, and the entire thing will go away and end up being exactly what I always thought this was. And this whole $1.60 charade is, was and will always be fake, misleading and possibly criminal.
Yet another reason to short this stock, in my opinion. Thinkequity will probably raise them $5 million at some egregious terms with lots of warrants and with reverse split the stock will most definitely be a SHORT.
This company is desperate for guidance. Not only do their press releases bring no value because buying is not occurring after the press releases are released, they are poorly written. On top of all that, the short position on CNTM on March 14 was the second highest in company history.
This management team may not even know they are so heavily shorted, and if they do know and are deciding not to do anything about it they are even dumber than dumb and dumber.
Whomever is advising them, if they have a capital markets, public relations or investor relations team is doing a poor job because if it was me, I would squeeze the shorts based on March 14 short position and the high number of short trading volume.
As my short and overall position and trading comes to an end with this company, it is time for me to move on. The only way I will come back is if I see them do a capital raise and reverse split. That will be the timing for me to get back into the cntm trading game.
Good Luck To All, and to CNTM, goodnight!
John_Vallay
3 weeks ago
Federico Monserrat
If you are offering me a job I respectfully decline.
There are 3 philosophies I go by:
1. God, Immediate Family and Country (U.S.) in that order.
2. It would be nearly impossible for anyone or company to be able to afford me.
3. I have everything I want, and if I don't have it I do not want it, and since the only thing I want more of is time, and that is something that no one can give me so I will remain as is.
Everything in my life is absolute, except the term - nearly impossible for anyone or company to afford me. The only scenario I envision where I would work for someone is if I had a chance to significantly contribute or assist in a drug development. Some biotech company maybe, but not as a clinical trial patient. Very complex scenario that I prefer not to go into on a message board.
All The Best and Thank You for your compliment.
John_Vallay
3 weeks ago
I love the CNTM stock.
It is much easier to predict company stocks that will go lower then company stock increases.
Putting aside the market activity from Tariff issues, most company stocks go down. For example all SPAC;s go down after the deal is closed. That is the easiest short position in the entire stock market.
Most companies that are losing money and when you look at the balance sheet don't have enough cash to support those losses will do a capital raise and those always go down because capital raises for companies that need money are predatory deals that get the company money but the stock gets hammered. The investors in those deals take a short position, which tells you something.
Finding companies on the nasdaq that don't have quarterly or annual conference calls is another sign of a stock that will drop.
Another easy target is companies that issue fluff press releases because their business is not good enough to do well so management thinks press releases will solve their issues. You do have to have a level of intelligence to identify fluff press releases vs fundamental press releases.
Finding losers is easy. There is a reason hedge fund managers over the last 25 years have done so well and that is because it has been and will be easier to find a future loser than a future winner. In my world, I make money off of losers. Losers are a profit for me.
Don't get me wrong, long guys like Warren Buffet are unique because shorting was not a thing 50 years ago, or not a thing like it is today. I am 100% sure that if he was starting Berkshire Hathaway today he would be a shorter.
Hedge Funds short often even in positions that they are long.
Shorting is just easier to make money because there are more failures than winners once you take out the Fortune 500 and S&P 500 companies.
I love companies like CNTM FOR SHORTING purposes.
The tariff issues are a whole new topic but I am not in the tariff losses stocks because that means you have to short Fortune 500 and S&P 500 stocks and that is something I have never done or will do. That is dangerous stuff and I ain't smart enough to invest in that way.
John_Vallay
3 weeks ago
On March 13 Connectm announces a share buyback - which they do not have the cash or balance sheet to do.
On April 2 they get a non-binding offer to buy the stock from 3 so-called institutional investors.
An investigation is going to be really bad for Connectm:
Connectm has been selling shares to the 3 institutional investors recently that is how they became shareholders.
These so-called institutional investors are not licensed or known here in the United States and do they even have the cash collectively to make such an offer?
Or is this one big scheme by Connectm management to get the stock price higher to do some type of a capital raise or get stock above $1 so they don't get delisted. We may not know the reason for this nefarious activity right now, but I am sure the SEC or Finra will get to the bottom of all this because once the SEC or FINRA start issuing supboena's to all these 4 parties, at least one will fold and start signing like a canary.
And with the stock increased after the $1.60 buyout was made public, there were many people that bought the stock, drive the price up, AND ARE NOW DOWN ON THEIR INVESTMENT. Those people will all contact the SEC because they will have feel cheated. The SEC will look at the chronological order of everything that occurred, specifically the 13 press releases Connectm issued in March and the so-called buyout offer from these mysterious 3 institutional investors and they will open an investigation because it smells bad, realreal bad.
John_Vallay
4 weeks ago
This announcement is questionable and will be scrutinized by and with an SEC or FINRA investigation.
The 3 institutional investors that are making the offer claim to have been past long term shareholders, but they never filed any statement of ownership documents with the SEC previously. Something they may have been obligated to do, but I am not sure based on the documents I read.
The 3 institutional investors received CNTM shares through private placements, which means Connectm CEO approved all transactions. Again, something that will probably result in an SEC investigation.
The press release states its a non-binding agreement, which means absolutely zero. Non binding means the company, 1, 2 or all 3 can legally back out of the deal.
There is a possibility that this press release was issued to spike up the stock price so they can avoid delisting with zero intention of actually a deal ever closing. It's possible!
What I find absolutely hilarious is that a non binding deal was announced at $1.60 a share at 8 in the morning, but at 1:13pm the stock is at 81 cents. What that says is that a deal at $1.60 is highly unlikely. Because if anyone thought this was a real offer would buy the stock closer to the $1.60 range.
If I thought it was a real offer I can buy the stock up to $1.40 and make money on the spread, but I wouldn't and no one else is doing it either.
The shorts, like myself are happy because we can take another short position at 4:00pm et today with a couple days to cover because I expect the stock to decline over the next 5 days. It has already declined today from the daily high which is a bad sign for the company.
I would also expect SEC and FINRA to look into this entire charade and when all is said and done, Connectm will not be acquired by the 3 institutional investors, most investors with a long position will lose money on their investment and the company will probably get delisted.
Another reason I think this acquisition announcement is 1 big lie is WHY would the 3 institutional investors make an announcement at $1.60 a share when the company is on its way to getting delisted. The 3 institutional investors could just wait a few months, let Connectm get delisted, go dark, and buy the company at a much cheaper price.
This looks like California smog and smells like New York City streets.
John_Vallay
1 month ago
CNTM stock price is sure to go down.
Yesterday they announced a stock buy back of $10 million. Absolutely misleading since they do not have $10 million. In fact, they are debt ridden so them making that announcement is wrong on so many levels. Not to mention they are losing money which means a stock buyback is really unheard of and makes management look like fools trying to fool investors.
Today they issued a press release that an institutional investor has filed statement of ownership with the S.E.C. I did an online search on the institutional investor but I found nothing, in fact, other than this CNTM filing, the institutional investor has never filed with the S.E.C. No history or anything came up on this so-called institutional investor. Putting that little thing aside, how did the institutional investor get those shares. Did he buy them on the open market or get them through a private stock transaction. If he got them directly from CNTM, what were the deal terms? Did he get some type of a deal that is going to drive the stock down further? Does he have those convertible notes that will surely bring CNTM to $0.0001 a share?
I find these 2 latest press releases very suspicious especially with a delisting from Nasdaq occurring. Safe to say my SHORT on CNTM is proving itself very well.
This short is so easy that even if they tried to squeeze me management is so inept that they wouldn't even be able to do that properly.
No good public company management team allows a stock to go from $10.00 to less than $1.00 in 6-months.
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2 weeks ago
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