EX-FILING FEES 8 mcac-20230930xexfilingfees.htm EX-FILING FEES

Exhibit 107

Calculation of Filing Fee Tables

Amendment No. 1 to Form S-4

(Form Type)

MONTEREY CAPITAL ACQUISITION CORPORATION

(Exact Name of Registrant as Specified in its Charter)

Table 1: Newly Registered Securities

CALCULATION OF REGISTRATION FEE

Security
Type

Security Class
Title

Fee
Calculation
Rule

Amount
Registered

Proposed
Maximum
Offering
Price Per
Security (2)

Maximum
Aggregate
Offering
Price

Fee Rate

Amount of
Registration
Fee(3)

Fees to Be Paid

Equity

Common stock, par value $0.0001 per share(1)

457(f)(2)

1,409,215

0.01

$14,092.15

0.00014760

$2.08

Fees Previously Paid

Equity

Common stock, par value $0.0001 per share(1)

457(f)(2)

14,975,085

0.01

$149,750.85

0.00014760

$22.11

Total Offering Amounts

$163,843.00

Net Fee Due

$24.19(4)

(1)

Based on the number of shares of Class A common stock, $0.0001 par value per share, of the registrant (“Common Stock”) being registered represents (i) 14,500,000 shares of Common Stock issuable as consideration in connection with the business combination (the “Business Combination) involving Monterey Capital Acquisition Corporation (“MCAC”) and ConnectM Technology Solutions, Inc. (“ConnectM”) to holders of common stock of ConnectM, including up to 14,422,392 shares of Common Stock that will be issued to holders of common stock of ConnectM in connection with the Business Combination as described in the proxy statement/prospectus forming part of this registration statement and up to 77,678 shares of Common Stock that may be issued upon the exercise of outstanding warrants to purchase shares of common stock of ConnectM being assumed in connection with the Business Combination, assuming an exchange ratio of approximately 3.329 shares of Common Stock issued for each share of common stock of ConnectM, and (ii) up to 1,806,622 shares of Common Stock that may be issued upon the exercise of options to purchase shares of common stock of ConnectM (whether vested or unvested) being assumed in connection with the Business Combination assuming all of the options to purchase ConnectM Common Stock outstanding as of February 9, 2024 remain outstanding until immediately prior to the Effective Time and that the maximum number of options to purchase ConnectM Common Stock that ConnectM is permitted to grant without MCAC's prior consent are granted and remain outstanding until immediately prior to the Effective Time.

(2)

Estimated solely for purposes of calculating the registration fee in accordance with Rule 457(f)(2) of the Securities Act. ConnectM is a private company, and no market exists for its securities, and ConnectM has an accumulated deficit. Therefore, the proposed maximum aggregate offering price is one-third of the aggregate par value of the ConnectM securities expected to be exchanged in the Business Combination, including ConnectM securities issuable upon the exercise of options. This calculation


results in an offering price per share of less than $0.01, therefore, the value of each share of common stock of ConnectM has been rounded up to $0.01 for purposes of calculating the filing fee.

(3)

Calculated pursuant to Rule 457 of the Securities Act by calculating the product of (i) the proposed maximum aggregate offering price and (ii) 0.00014760.

(4)

The Company previously paid a filing fee of $22.11 in connection with the initial filing of this registration statement on Form S-4.