ConnectM Extends Ascent Partners Note Maturity Trigger to 90 Days After Lock-Up Ends
Bitget2026/11/02 21:41- ConnectM Technology Solutions amended two Senior Secured Convertible Promissory Notes with Ascent Partners Fund on October 27, 2026.
- The amendment shifts automatic maturity acceleration to 90 days following the Lock-Up Termination Date, from 30 days.
- Effectiveness requires payment of all obligations due, including invoiced costs and fees, and cannot precede October 27, 2026.
- Ascent may terminate the amendment upon notice if it remains ineffective two business days beyond October 27, 2026.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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