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ConnectM Retires $9M Debt In April And Reduces Annual Interest Expense By 90%

Author: Benzinga Newsdesk | April 17, 2025 07:03am

MARLBOROUGH, Mass., April 17, 2025 /PRNewswire/ -- ConnectM Technology Solutions, Inc. (Nasdaq: CNTM) ("ConnectM" or the "Company"), a high-growth technology company on the leading edge of the energy economy, today announced that the Company has retired an additional $9 million of debt since March 31, 2025. Since going public on July 15, 2024, ConnectM has eliminated $40 million in liabilities, bringing total outstanding debt to less than $8.0 million.

Posted In: CNTM


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