Current Report · Items 5.02, 7.01, 9.01 · 8-K
ConnectM Technology Solutions, Inc
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements · Regulation FD Disclosure
Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On October 27, 2026, ConectM Technology Solutions, Inc.…
Filed Oct 28, 2026Accepted Oct 28, 2026, 12:52 PM EDTCIK 1895249Accession 0001104659-26-119526
Company context
ConnectM Technology Solutions, Inc. (“ConnectM” or the “Company”) is a U.S.-based AI energy infrastructure company. The Company designs, integrates, installs, monitors, optimizes and maintains the power, thermal and intelligence systems used by electrified homes and businesses, distributed energy resources and, increasingly, artificial intelligence (“AI”) computing, using hardware sourced from partners together with its own software and services. The Company’s intended focus is distributed compute, which it is evaluating as the first application of this infrastructure.
Current securities
Historical securities (8)
Disclosure sections
Items 5.02, 7.01, 9.01Select an item to read the extracted section. The as-filed document remains the primary evidence.
Item 5.02Item 5.02 - Departure/Election of Directors
Item 5.02. Departure of Directors or Certain Officers;
Election of Directors;
Appointment of Certain Officers; Compensatory
Arrangements of Certain Officers.
On October 27, 2026, ConectM Technology Solutions, Inc. (the “Company”) announced that Leonardo Riera was appointed as Lead
Independent Director of the Board of Directors of the Company (the “Board”) for an initial term beginning on October 21, 2026
(the “Effective Date”) and continuing to the Company’s next annual meeting of shareholders, when all directors will
be subject to election by shareholders. In connection with the appointment of Mr. Riera to the Board, the Company increased the size of
the Board from five (5) to six (6) members. As of the Effective Date, Mr. Riera will serve as a member of the Audit Committee and the
Compensation Committee, and Chairman of the Nominating and Corporate Governance Committee of the Board of Directors.
Mr. Riera has more than
40 years of experience in investment banking and fund management. His experience includes more than 10 years as Executive Director and
Country Head for Bankers Trust in Caracas, Venezuela, as well as service as Head of Mergers and Acquisitions for Citicorp Investment Bank
in Caracas. Mr. Riera has served on the board of directors of Sidus Space Inc. (NASDAQ: SIDU) since April 2023 where he also acted as
Chairman and Lead Independent Director. Since August 2024 he serves as Director of Katmai Tech, Inc and as Chair of their Audit Committee;
Since January 2021, Mr. Riera has served as a director and Chair of the Audit Committee of FenixOro Gold Corp., a Canadian junior mining
company focused on acquiring and exploring gold projects. Since 1988, Mr. Riera has owned and served as Chief Executive Officer
of Latin American Advisors Inc., through which he provides mergers and acquisitions, investment advisory, private equity and strategic
planning services. He was a consultant with McKinsey & Co. from 1984 through 1986 and served three terms as President of the International
Banking Association of Venezuela. He also served as Head of Asset Structuring and Credit for a $2 billion emerging market debt fund based
in Florida, where he was responsible for investments in Russia, Ukraine, Kazakhstan, Mexico, China, Nigeria, Singapore, Angola and Brazil.
Mr. Riera holds a degree in Economics from Universidad Católica Andrés Bello and an MBA from the Wharton School of the University
of Pennsylvania. He also completed the Strategic Valuations course for senior executives at the Harvard Business School.
In connection with his service on the Board, Mr. Riera
will be entitled to receive the standard annual cash and equity compensation paid to all non-employee directors of the Company, including
cash compensation of $20,000 per quarter, with the first quarter’s cash compensation being accrued, and equity compensation of $20,000
in common stock per quarter, issued at the beginning of each quarter, with the number of shares would be determined using the average
VWAP over the last five trading days of the preceding quarter.
There are no arrangements
or understandings between Mr. Riera and any other person pursuant to which he was elected as a director. There are no transactions in
which Mr. Riera has an interest requiring disclosure under Item 404(a) of Regulation S-K.
A press release announcing these matters is
filed as Exhibit 99.1 to this Form 8-K.
Item 7.01Item 7.01 - Regulation FD Disclosure
Item 7.01 Regulation FD Disclosure.
On October 28, 2026,
the Company issued a press release announcing that the Company has expanded the size of the Board and to name Leonardo Riera as a director
of the Corporation to fill such vacancy. A copy of the press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K.
The information provided
in this Item 7.01 (including Exhibit 99.1 hereto), is being furnished and will not be deemed “filed” for purposes of Section
18 of the Exchange Act, or otherwise subject to the liabilities of that section, nor will it be deemed incorporated by reference into
any filing under the Exchange Act or the Securities Act, except as expressly set forth by specific reference in such a filing.
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Item 9.01. Financial Statements and Exhibits.
(d) Exhibits.
Exhibit Description
No.
─────────────────────────────────────────────────────────────────────────────────────────────
99.1 Press Release issued by the Registrant on October 28, 2026.
104 Cover Page Interactive Data File (embedded within the Inline XBRL document).
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Filed exhibits (1)
EX-99.1 (by filename) tm2628325d1_ex99-1.htmExhibit 99.1
ConnectM
Appoints Leo Riera as Lead Independent Director; Former Bankers Trust Country Head Brings
40 Years of Capital Markets and Board Experience
MARLBOROUGH, Mass., October 28, 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 appointment of Leonardo (“Leo”) Riera to its Board of Directors as Lead Independent Director, effective
October 21, 2026. Mr. Riera brings more than 40 years of investment banking and international capital markets experience, including more
than 10 years as Country Head of Bankers Trust in Venezuela, and serves on three boards, including Sidus Space, Inc. (NASDAQ: SIDU),
where he is a director and former Chairman.
As Lead Independent Director, Mr. Riera
will preside over sessions of the independent directors and serve as their principal liaison to the Chairman. He will also serve on the
Board’s Audit and Compensation Committees and will chair the Nominating and Corporate Governance Committee. The Board has been
expanded from five to …
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