ConnectM issues USD 1,388,889 senior secured convertible note in unregistered sale to Ascent Partners Fund

• ConnectM Technology Solutions issued a Senior Secured Convertible Promissory Note (Two-A) to Ascent Partners Fund in an unregistered private placement.
• Note Two-A has USD 1,388,888.89 principal for USD 1,250,000 purchase price, reflecting a USD 138,888.89 original issue discount.
• The note carries 10% annual interest, with one year guaranteed, and matures Sept. 28, 2027, subject to earlier acceleration.
• Before a listing event, conversion is allowed at the lower of 4.5885 or 95% of the lowest five-day VWAP.
• The sale relied on Securities Act Section 4(a)(2) and Regulation D Rule 506 exemptions.

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: 0001104659-26-113270), on October 02, 2026, and is solely responsible for the information contained therein.