ConnectM Approved A Debt Equity Swap To Deleverage The Balance Sheet, Converting Up To $15M Of The Co's Outstanding Debt To Common Equity At $2.00 Per Share
ConnectM Approved A Debt Equity Swap To Deleverage The Balance Sheet, Converting Up To $15M Of The Co's Outstanding Debt To Common Equity At $2.00 Per Share
Opens Trading Window for Management
董事會開放管理層交易窗口
MARLBOROUGH, Mass., Aug. 28, 2024 (GLOBE NEWSWIRE) -- ConnectM Technology Solutions, Inc. (NASDAQ:CNTM) ("ConnectM" or the "Company"), a technology company focused on the electrification economy, today announced that the Company's Board of Directors has approved a debt equity swap to deleverage the balance sheet, converting up to $15 million of the Company's outstanding debt to common equity at $2.00 per share. In addition to the Board's approval of the debt-to-equity conversion, the Board approved a trading policy for the Company's officers and directors, opening a window for share purchases by management, beginning today, August 28, 2024.
馬爾伯勒，麻省，2024年8月28日（環球新swire） - Connectm科技解決方案公司（NASDAQ:CNTM）（「ConnectM」或「公司」）是一家專注於電氣化經濟的科技公司，今天宣佈公司董事會已批准一項債務減槓桿措施，將公司$1500萬的未償債務以每股$2.00的價格轉換爲普通股權。除了董事會批准的債轉股之外，董事會還批准了公司的高管和董事的交易政策，從今天起開放管理層購買股份的窗口，即2024年8月28日。
譯文內容由第三人軟體翻譯。
