KORE: 15-12G · acquisition merger
KORE Group Holdings, Inc. has filed a Form 15 to suspend its duty to file reports with the SEC following the completion of its acquisition. The merger was finalized on July 21, 2026, with affiliates of Searchlight Capital Partners and Abry Partners, resulting in the company becoming a wholly-owned subsidiary of KONA Parent, L.P. The suspension of reporting duties is effective as the company now has fewer than 300 record holders of its common stock. Specifically, the filing notes there is 1 holder of record for common stock and 2 holders of record for warrants to purchase common stock. This action means KORE Group Holdings will no longer be required to file periodic reports such as 10-K or 10-Q forms with the SEC.
KORE: 25-NSE · delisting
The New York Stock Exchange has notified the SEC of its intention to remove the listing of KORE Group Holdings, Inc. effective August 3, 2026. This action follows the suspension of trading on July 21, 2026, due to the completion of the company's merger with KONA Merger Sub Co. The merger with KONA Parent, L.P., affiliated with Searchlight Capital Partners and Abry Partners, became effective on July 21, 2026. Pursuant to the agreement, each share of KORE common stock was converted into the right to receive $9.25 in cash, without interest. As a result of the transaction, KORE Group Holdings will cease to be a publicly traded company. The Form 25-NSE formalizes the administrative steps required to deregister the company's securities following the acquisition.
KORE Begins New Chapter as Private Company Backed by Searchlight Capital Partners and Abry Partners
KORE Group Holdings announced the successful completion of its acquisition by affiliates of Searchlight Capital Partners and Abry Partners. As a result of the transaction, KORE common stock has ceased trading and will be delisted from the New York Stock Exchange. The company stated that going private provides greater flexibility and long-term investment to accelerate innovation in its global IoT connectivity and managed services business.
KORE Group Stockholders Clear Merger With Searchlight, Abry-Backed Entities
KORE: 8-K · other
KORE Group Holdings, Inc. filed supplemental disclosures to its proxy statement regarding its pending acquisition by KONA Parent, L.P. and an affiliate of Searchlight Capital Partners. The company issued these additional details to address eleven demand letters and two lawsuits alleging insufficient proxy disclosure, which KORE denies but is moving to resolve to avoid delays to the July 16, 2026 stockholder vote. The supplements provide granular detail on the financial analysis by Rothschild & Co, including the count of approximately 19 million fully diluted shares, $301 million in total debt, and $27 million in cash. Rothschild applied EV/Adj. EBITDA multiples ranging from 8.0x to 13.0x and referenced analyst price targets spanning from $1.50 to $12.00 to assess the fairness of the merger consideration. Stockholders are urged to review the supplemental disclosures in conjunction with the definitive proxy statement and Schedule 13E-3. KORE maintains that the claims in the demand letters and complaints are without merit and that no additional disclosure was legally required.
Are FSRL, KORE, FOX, NSA Obtaining Fair Deals for their Shareholders?
Halper Sadeh LLC is investigating Fox Corporation regarding its proposed merger with Roku Inc., focusing on potential breaches of fiduciary duties or violations of federal securities laws. Under the terms of the proposed transaction, Fox shareholders are expected to own approximately 73% of the combined company upon closing. The law firm is soliciting Fox shareholders to contact them to discuss rights and options regarding the deal on a contingent fee basis.
Are KORE, DAN, NSA, RMAX Obtaining Fair Deals for their Shareholders?
Halper Sadeh LLC is investigating the proposed sale of Dana Incorporated to Eaton Corporation plc for potential breaches of fiduciary duties or federal securities law violations. The law firm encourages Dana shareholders to contact them to discuss their rights and options on a contingent fee basis. This is a standard solicitation from a plaintiff firm and does not represent new disclosure or action from the company itself.
KORE: DEFM14A · acquisition merger
KORE Group Holdings, Inc. has entered into a definitive agreement to be acquired by a consortium led by Searchlight Capital Partners and Abry Partners in a going-private transaction. Stockholders will receive $9.25 per share in cash, representing a significant premium to recent trading levels, subject to stockholder approval and regulatory clearances. The merger requires approval from a majority of outstanding shares and a majority of disinterested stockholders. A special meeting is scheduled for July 16, 2026, where stockholders will vote on the merger agreement, an advisory compensation proposal, and an adjournment proposal. Upon consummation, KORE will be delisted from the NYSE and deregistered under the Exchange Act. The transaction is funded by $175 million in equity and $325 million in debt financing, with termination fees of $7.2 million payable by KORE and $12 million payable by the acquirer if the deal fails under specified conditions.
T1 Energy to Enter BESS and Data Center Infrastructure Markets with Acquisition of KORE Power
Are KORE, SEM, BLD, QXO Obtaining Fair Deals for their Shareholders?
Halper Sadeh LLC issued a shareholder-solicitation notice naming TopBuild (BLD) and three other companies; no new disclosure from the companies themselves. The release is a routine lead-plaintiff-deadline reminder soliciting investors with losses to contact the firm on a contingency basis. This is law-firm marketing, not an issuer disclosure or a court action; treat as low-signal noise.
KORE Group Holdings, Inc. (KORE) Reports Q1 Loss, Lags Revenue Estimates
KORE: 10-Q · periodic report
KORE Group Holdings, Inc. reported a net loss of $28.456 million for the quarter ended March 31, 2026, compared to a net loss of $14.908 million in the same period of 2025. This represents a significant increase in the net loss, indicating a decline in financial performance. The company's revenue decreased by 9% year-over-year, from $72.142 million in Q1 2025 to $65.819 million in Q1 2026. The decrease was primarily driven by a 40% decline in product revenue, from $16.711 million to $9.962 million, while service revenue remained relatively flat. KORE has entered into a Merger Agreement with KONA Parent, L.P. and KONA Merger Sub Co., under which each share of KORE common stock will be converted into the right to receive $9.25 in cash. The merger is expected to close during the second or third quarter of 2026, subject to regulatory approvals and other conditions. As of March 31, 2026, KORE had $28.9 million in cash on hand and $25.0 million of capacity on its Revolving Credit Facility. Despite these liquidity measures, the company remains highly leveraged with mandatory repayment dates for its Term Loan, Backstop Notes, and Series A-1 Preferred Stock between 2028 and 2033.
KORE Reports First Quarter 2026 Results
KORE reported Q1 2026 revenue of $65.8 million, down 8.8% year-over-year due to a decline in IoT Solutions revenue. The company's net loss increased to $28.5 million, up 91% from the same period last year, primarily due to transaction-related expenses and changes in the fair value of warrant liability. Despite the revenue decline and increased net loss, KORE generated positive free cash flow of $2.7 million, up $2.1 million from the same period last year. Total Connections grew to 21.9 million, up 11% year-over-year, with IoT Connectivity revenue increasing by $2.3 million.
Are SEM, XOMA, SLNO, KORE Obtaining Fair Deals for their Shareholders?
Halper Sadeh LLC, an investor rights law firm, is investigating potential violations of federal securities laws and breaches of fiduciary duties related to the sale of Select Medical Holdings Corporation (SEM) for $16.50 per share. The firm is also investigating the sale of XOMA Royalty Corporation (XOMA) to Ligand Pharmaceuticals for $39.00 per share. Soleno Therapeutics, Inc. (SLNO) is being investigated for its sale to Neurocrine Biosciences for $53.00 per share in cash. KORE Group Holdings, Inc. (KORE) is under investigation for its sale to Searchlight Capital Partners and Abry Partners for $9.25 per share.
Are LEG, SEM, KORE, FORA Obtaining Fair Deals for their Shareholders?
KORE and Kigen to Deliver Next-Generation SGP.32 IoT Connectivity for Global Deployments
KORE Reports Fourth Quarter and Full Year 2025 Results
KORE Group (KORE) Expected to Announce Quarterly Earnings on Tuesday
Move & Connect s'associe à KORE pour offrir une connectivité IdO paneuropéenne fluide aux industries critiques
Move & Connect Partners with KORE to Deliver Seamless Pan-European IoT Connectivity for Critical Industries
Why Is KORE Group Stock Gaining Today?
KORE Announces Agreement to be Acquired by Searchlight Capital Partners and Abry Partners
Analyzing KORE Group (NYSE:KORE) and Tuya (NYSE:TUYA)
Amesite (NASDAQ:AMST) versus KORE Group (NYSE:KORE) Critical Survey
KORE Group (NYSE:KORE) Trading Down 0.7% – Time to Sell?
KORE Group (NYSE:KORE) Shares Down 1.9% – Time to Sell?
