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ConnectM Announces Acquisition Of Air Temp, Strengthening Owned Service Network, In Exchange For 1.5M Shares Of ConnectM Common Stock.

Author: Benzinga Newsdesk | May 06, 2025 07:10am

Transaction adds proven HVAC solutions leader to ConnectM's expanding constellation of brands

MARLBOROUGH, Mass., May 6, 2025 /PRNewswire/ -- ConnectM Technology Solutions, Inc. (NASDAQ:CNTM) ("ConnectM" or the "Company"), a high-growth technology company powering the next generation of electrified equipment, mobility, and distributed energy, today announced the acquisition of all the assets of Air Temp Service Co. ("Air Temp"), a leading provider of heating and cooling solutions in New Jersey, in exchange for 1.5 million shares of ConnectM common stock.

Posted In: CNTM

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