Exhibit 99.1 ConnectM Forms Strategic Advisory Board to Drive AI Energy Infrastructure Growth; Appoints Ashland Director Ashish Kulkarni, Former Fortress and Shumway Capital Executive Neil Bhatia, and Las Olas Capital CEO Jim McCabe Advisory Board to focus on data center power, cooling and storage opportunities, institutional investor positioning, strategic partnerships, and profitability and capital allocation MARLBOROUGH, Mass., October 19, 2026 (GLOBE NEWSWIRE) -- ConnectM Technology Solutions, Inc. (OTCQX: CNTM) (“ConnectM” or the “Company”), a U.S.-based technology company that develops, sells and operates energy infrastructure powering the physical layer of the AI economy, today announced the formation of a Strategic Advisory Board and the appointment of three members: Ashish Kulkarni, a director of Ashland Inc. (NYSE: ASH) and former Executive Vice President and Chief Innovation Officer of GAF; Neil Bhatia, a former senior executive of Fortress Investment Group, Shumway Capital Partners and Marcato Capital Management; and Jim McCabe, founder and Chief Executive Officer of Las Olas Capital. The advisors will work directly with ConnectM's management on the Company's top pr…
Open exhibit ↗Current Report · Items 7.01, 9.01 · 8-K
ConnectM Technology Solutions, Inc
Regulation FD Disclosure
Item 7.01. Regulation FD Disclosure. On October 19, 2026, ConnectM Technology Solutions, Inc. (the “Company”) announced by press release, the formation of a Strategic Advisory Board (the “SAB”) and the appointment of Ashish Kulkarni, Neil Bhatia, and Jim McCabe.…
Company context
ConnectM Technology Solutions, Inc. (“ConnectM” or the “Company”) is a U.S.-based technology company that develops, sells, and operates artificial intelligence (“AI”)-enabled hardware and software for the modern energy economy. The Company’s strategy is organized around two high-growth, U.S.-centered platforms:
Current securities
Historical securities (8)
CNTMNASDAQ · EQUITY · Historical · closed May 7, 2025CNTMOTC · EQUITY · Historical · closed Apr 20, 2026CNTMOTC · EQUITY · Historical · closed Oct 19, 2026CNTMDOTC · EQUITY · Historical · closed May 18, 2026MCACNASDAQ · EQUITY · Historical · closed Jul 12, 2024MCACRNASDAQ · RIGHT · Historical · closed Jul 12, 2024MCACUNASDAQ · UNIT · Historical · closed Jul 12, 2024MCACWNASDAQ · WARRANT · Historical · closed Jul 12, 2024
Recent company filings
- Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements · Regulation FD DisclosureOct 28, 2026
- Entry into a Material Definitive Agreement · Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement · Unregistered Sales of Equity SecuritiesOct 19, 2026
- Entry into a Material Definitive Agreement · Unregistered Sales of Equity SecuritiesOct 2, 2026
- S-1/A filingSep 23, 2026
- S-1/A filingSep 21, 2026
Disclosure sections
Item 7.01Item 7.01 - Regulation FD Disclosure
Item 7.01. Regulation FD Disclosure.
On October
19, 2026, ConnectM Technology Solutions, Inc. (the “Company”) announced by press release, the formation of a Strategic
Advisory Board (the “SAB”) and the appointment of Ashish Kulkarni, Neil Bhatia, and Jim McCabe. The SAB will advise the company
on expanding its AI energy infrastructure business - particularly data-center power, cooling, storage, and intelligent energy management - while
strengthening institutional investor relationships, developing strategic partnerships, and improving profitability and capital allocation.
The press
release is furnished herewith as Exhibit 99.1 and is incorporated by reference herein. The information contained in the press release
is being furnished and shall not be deemed filed for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the
“Exchange Act”), or otherwise subject to the liability of that Section, and shall not be incorporated by reference into any
registration statement or other document filed under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly
set forth by specific reference in such filing.