Item 5. Market for Registrant’s Common Equity
Item 5. Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities.
Market Information
Our Common Stock is currently listed on OTC Market under the symbol “CNTM.” The Company intends to list the warrants to purchase shares of Common Stock with an exercise price of $11.50 per share (the “Public Warrants”) on the OTC Market.
Holders of Record
As of date of filing, there were 2,302 holders of record of our Common Stock and 10 holders of record of our Public Warrants. The actual number of stockholders of our Common Stock and the actual number of holders of our Public Warrants is greater than the number of record holders and includes holders of our Common Stock or Public Warrants whose shares of Common Stock or Public Warrants are held in street name by brokers and other nominees.
Dividend Policy
We have never declared any dividends on our Common Stock and we do not anticipate paying any dividends on our common stock in the foreseeable future. We currently intend to retain all available funds and any future earnings to fund the development and growth of our business. Any future determination to declare dividends will be subject to the discretion of our Board of Directors and will depend on various factors, including applicable Delaware law, future earnings, capital requirements, results of operations and any other relevant factors. In general, as a Delaware corporation, we may pay dividends out of surplus capital or, if there is no surplus capital, out of net profits for the fiscal year in which a dividend is declared and/or the preceding fiscal year
Securities Authorized for Issuance under Equity Compensation Plans
The following table provides information as of December 31, 2025 with respect to securities that may be issued under our equity compensation plans:
Number of
Securities
Remaining
Available for
Number of
Weighted
Future Issuance
Securities to be
Average
Under Equity
Issued upon
Exercise
Compensation
Exercise of
Price of
Plans
Outstanding
Outstanding
(Excluding
Options,
Options,
Securities
Warrants and
Warrants and
Reflected in the
Plan Category
Rights
Rights
First Column)
Equity incentive plans approved by security holders
—
$
—
—
Equity incentive plans not approved by security holders
—
—
—
Total
—
$
—
—
Issuer Purchases of Equity Securities
None.
Recent Sales of Unregistered Securities
Between January 1, 2026 and the date of this filing, the Company issued an aggregate of 17,112,737 shares of its common stock in, transactions not registered under the Securities Act of 1933, as amended (the “Securities Act”). These issuances included: (i) 1,068,175 shares, issued to certain directors, officers, advisors, and employees of the Company as equity compensation for services rendered, (ii) 15,400,000 shares issued as consideration for acquisitions completed during the period, (iii) 275,000 shares issues as commitment shares for additional convertible notes, and (iv) 369,562 shares issued to convertible debt holder for extinguishing $63,491 of liabilities including accrued interest
The issuances to directors, officers, advisors, and employees were made pursuant to the exemption from registration under Section 4(a)(2) of the Securities Act and/or Rule 701 promulgated thereunder, as transactions not involving a public offering and/or under compensatory benefit plans and contracts relating to compensation.
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The issuances to debtholders were made pursuant to the exemption from registration under Section 4(a)(2) as transaction not involving a public offering, Section 3(a)(9) and/or Section 3(a)(10) of the Securities Act, as exchanges with existing security holders or transactions approved by a court or authorized governmental entity, without payment of any commission or other remuneration.
The shares issued in connection with the acquisition were made pursuant to Section 4(a)(2) of the Securities Act and/or Rule 506(b) of Regulation D, as private placements to accredited investors.
The shares issued pursuant to common stock subscription agreements were issued in reliance on Section 4(a)(2) of the Securities Act and/or Rule 506(b) of Regulation D, as private placements without general solicitation or advertising, to accredited investors.
Item 6.
Reserved.