ConnectM Acquires 60% of Blue Ribbon Ice for $250,000 Plus 58,824 Shares

ConnectM entered into an Acquisition Agreement to purchase 60% of Blue Ribbon Ice, strengthening its AI-powered logistics reach in commercial HVAC and refrigeration services. The company acquired 6,000 BRI common shares from Scott Avery Wilson for $250,000 in cash and 58,824 ConnectM common shares. The deal closed on July 1, 2026, and Blue Ribbon Ice will operate within ConnectM's logistics platform alongside DeliveryCircle.

Agreement details:

• Agreement type: Acquisition Agreement for majority equity stake
• Counterparty: Blue Ribbon Ice and Scott Avery Wilson
• Signed / Effective: Jul 01 2026 / same
• Reason: Expand AI logistics into HVAC and refrigeration services

Original SEC Filing:

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