ConnectM Technology Solutions, Inc. filed a Form 8-K on November 2, 2026, disclosing that on October 27, 2026, it entered into Amendment No. 2 to its Senior Secured Convertible Promissory Notes with Ascent Partners Fund LLC, extending the automatic maturity acceleration period from 30 days to 90 days following the Lock-Up Termination Date.
Key Highlights
- Amendment date: The letter agreement constituting Amendment No. 2 was entered into on October 27, 2026, between ConnectM Technology Solutions, Inc. and Ascent Partners Fund LLC.
- Maturity period extended: The Amendment changes the automatic acceleration of the Maturity Date of each Amended Note from the thirtieth (30th) day to the ninetieth (90th) day following the Lock-Up Termination Date.
- Notes affected: The Amendment covers both Note Two-A (dated September 28, 2026) and Note Two-B (dated October 13, 2026), collectively the "Amended Notes."
- Termination right: If the Amendment Effective Date has not occurred within two Business Days after October 27, 2026, the Purchaser may, in its sole discretion upon notice to the Company, terminate the Amendment.
- General release granted: In connection with the Amendment, each Company Party granted a general release of claims in favor of the Purchaser and the Purchaser Parties.
- No waiver of defaults: According to the filing, the Amendment "does not, except as expressly provided therein, waive or modify any Default or Event of Default or any right or remedy under the Transaction Documents."
ConnectM and Ascent Partners Amend Senior Secured Notes, Extending Maturity Trigger Period
ConnectM Technology Solutions, Inc., a Delaware corporation headquartered in Marlborough, Massachusetts, disclosed the execution of Amendment No. 2 to its Senior Secured Convertible Promissory Notes in a Current Report filed with the SEC. The securities registered pursuant to Section 12(b) of the Act are listed as N/A in the filing's registered-securities table, indicating no exchange-listed securities. The Amendment was entered into with Ascent Partners Fund LLC, identified in the filing as the "Purchaser."
According to the filing, the central change made by the Amendment is to the Maturity Date mechanism. Prior to the Amendment, the Maturity Date of each Amended Note was subject to automatic acceleration to the thirtieth (30th) day following the Lock-Up Termination Date. Under the Amendment, that period is extended to the ninetieth (90th) day following the Lock-Up Termination Date. The Amendment becomes effective on the later of October 27, 2026, or the date on which all Obligations due on or before that date are paid in full, including costs, expenses, and fees invoiced prior to such date.
The filing further states that each Company Party reaffirmed its obligations under the Guaranty and other Transaction Documents, and that all liens granted thereunder continue to secure the Obligations. The Amendment expressly does not obligate the Purchaser to make any further purchases or advances, and does not constitute a novation of the Amended Notes, according to the disclosure. The filing notes that the background to this Amendment was previously reported across three prior Form 8-K filings dated September 4, 2026, October 2, 2026, and October 19, 2026.
What Was Disclosed
ConnectM Technology Solutions, Inc. disclosed Amendment No. 2 to its Senior Secured Convertible Promissory Notes with Ascent Partners Fund LLC, extending the maturity acceleration trigger from 30 to 90 days after the Lock-Up Termination Date, effective October 27, 2026, subject to payment of outstanding Obligations.



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