ConnectM Receives Regulatory Approval for the Sale of its India Business to Blue Cloud; Transaction Expected to Lift Stockholders’ Equity to Approx $19 Million

On a pro forma basis, the transaction lifts stockholders’ equity from approximately $2.0 million to approximately $18.8 million - well above U.S. national exchange minimums and on a non-dilutive basis MARLBOROUGH, Mass., June 04, 2026 (GLOBE NEWSWIRE) -- ConnectM Technology Solutions, Inc. (OTCQX: CNTM) ("ConnectM” or the "Company”), a constellation of technology-driven businesses powering the modern energy economy, today announced that BSE Limited has granted Blue Cloud Softech Solutions Limite