An amended beneficial ownership statement covering ConnectM Technology Solutions, Inc. common stock was filed on October 27, 2026, by a group of related reporting persons led by Ascent Partners Fund LLC, reflecting a triggering event dated September 30, 2026.

Key Highlights

  • Reporting group: Seven reporting persons are named, including Ascent Partners Fund LLC, Ascent Partners LLC, Dominion Capital LLC, Dominion Capital GP LLC, Eagle Claw Corp., Masada Group Holdings LLC, and Mikhail Gurevich.
  • Aggregate beneficial ownership: Each reporting person lists 636,262 shares of ConnectM Technology Solutions common stock (par value $0.0001 per share) as beneficially owned.
  • Ownership percentage: The filing reports 9.99% of the class for each reporting person, calculated against 5,732,739 shares outstanding as of September 22, 2026.
  • Ownership cap (Blocker Amount): The Convertible Notes and Warrant each contain a maximum 9.99% beneficial ownership limitation, described in the filing as the "Blocker Amount."
  • Convertible instruments: Two senior secured convertible promissory notes were issued on August 31, 2026, and September 4, 2026, along with a warrant issued August 31, 2026, held directly by Ascent Partners Fund LLC.
  • Voting and dispositive power: Each reporting person reports zero sole voting power and zero sole dispositive power, with 636,262 shares held on a shared basis for both voting and disposition.

Ascent Partners Group Ownership Details in ConnectM Technology Solutions

According to the filing, ConnectM Technology Solutions, Inc. is the named issuer, with common stock carrying a par value of $0.0001 per share and CUSIP number 207944208. The amendment is designated Amendment No. 1, with the triggering event date recorded as September 30, 2026. The share count used to compute the 9.99% ownership figure, 5,732,739 shares outstanding, was drawn from Amendment 3 to ConnectM's Form S-1, which was filed with the SEC on September 22, 2026, according to the filing's footnotes.

The filing explains that the 636,262 shares attributed to each reporting person include shares of common stock issuable upon partial conversions of the two Convertible Notes and partial exercises of the Warrant, all subject to the Blocker Amount. Ascent Partners Fund LLC holds the Convertible Notes and Warrant directly, while the remaining reporting persons are described as holding the related interests indirectly. The reporting persons are organized across multiple states: Ascent Partners Fund LLC and Ascent Partners LLC are Delaware entities, Dominion Capital LLC is organized in Connecticut, Dominion Capital GP LLC and Eagle Claw Corp. are incorporated in Delaware, and Masada Group Holdings LLC is organized in Florida. Mikhail Gurevich is listed as a United States citizen. Each entity and individual is classified as type "OO" (other) in the filing.

All shared voting power and shared dispositive power figures are listed identically at 636,262 shares for every reporting person, with no sole voting or dispositive power reported for any party. The filing does not disclose the principal amount or conversion terms of the Convertible Notes, nor the exercise price or number of shares covered by the Warrant, beyond what is incorporated into the Blocker Amount calculation.

What Was Disclosed

The filing is Amendment No. 1 to a Schedule 13G reporting beneficial ownership of ConnectM Technology Solutions common stock by seven related parties, each reflecting 636,262 shares, or 9.99% of the class, as of September 30, 2026, arising from convertible notes and a warrant subject to a 9.99% ownership cap.