KORE Group Holdings, Inc. (KORE) Form 8-K — Jul 21, 2026
KORE Group Holdings, Inc. has completed its acquisition by affiliates of Searchlight Capital Partners and Abry Partners for $9.25 per share in cash. The merger, which was approved by stockholders, results in KORE becoming a privately held company and its common stock being delisted from the New York Stock Exchange. In connection with the closing, the company’s entire board of directors resigned, and KORE Wireless Group Inc.
Key figures
- Debt Amount
- $300 million term loan and $25 million revolving facility
- Offering Price
- 9.25
- Shares Outstanding
- 17,622,180
- Term loan facility
- $300,000,000
- Revolving loan facility
- $25,000,000
- Shares voted for merger
- 12,455,012
- Shares voted against merger
- 179,815
- Merger consideration per share
- $9.25
Price after filing
Close on the filing date to close N calendar days later (from $9.25). Historical, not a forecast.
AI analysis
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