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0.0936060688160389 0.110810078569493 -0.0178813329720943 0.0363045245191004 -0.0111081007856951 0.0227580601463017 -0.0109726361419671 -0.00839880791113532
Stock impact report

ConnectM Announces Agreement to Acquire a Controlling Interest in DeliveryCircle

ConnectM Technology Solutions, Inc. (CNTM) 
Company Research Source: GlobeNewswire
~ Advances M&A Strategy with First Acquisition Following Public Debut in July 2024 ~ ~ Enters $165B U.S. Couriers and Local Delivery Services Market ~ ~ DeliveryCircle Provides Immediate Accretive Financial Metrics to ConnectM ~ MARLBOROUGH, Mass., Aug. 06, 2024 (GLOBE NEWSWIRE) -- ConnectM Technology Solutions, Inc. (Nasdaq: CNTM) (“ConnectM” or the “Company”), a technology company focused on the electrification economy, today announced it has signed a definitive agreement (the “Purchase Agreement”) to acquire a controlling interest in DeliveryCircle, a nationwide technology enabled final mile delivery company which connects businesses looking for a last-mile delivery solution, with a complete network of over 500,000 drivers. The acquisition of DeliveryCircle marks ConnectM’s first strategic acquisition since the Company’s public debut last month via a business combination with special purpose acquisition company, Monterey Capital Acquisition Corporation and will expand Co Show less Read more
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