SCHEDULE: KORE Group Holdings Merger Completed, Shares Delisted

KORE Group Holdings, Inc. has completed its merger, with common stock shareholders receiving $9.25 per share in cash, and the stock has been delisted from the NYSE.

Summary

• This filing is an amendment to a Schedule 13D, reporting on the completion of a merger involving KORE Group Holdings, Inc. (the "Issuer").
• The merger was consummated on July 21, 2026.
• Common stockholders received $9.25 in cash per share, excluding shares held by Parent, treasury stock, or those with appraisal rights.
• Searchlight IV KOR, L.P. exercised all Penny Warrants and contributed the underlying shares to Parent prior to the merger.
• Searchlight IV KOR, L.P.'s Series A-1 Preferred Stock remained outstanding.
• The Common Stock of KORE Group Holdings, Inc. was suspended from trading on the NYSE on July 21, 2026, and is being delisted.
• Following the merger, the reporting persons beneficially own 0 shares of common stock in the surviving corporation.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event, as it marks the end of KORE Group Holdings' public trading life, providing a defined exit for common shareholders but removing future public investment opportunities.

Positives

• Shareholders received a cash payout of $9.25 per share upon completion of the merger.
• The merger transaction has been successfully consummated.

Negatives

• The common stock of KORE Group Holdings, Inc. has been delisted from the New York Stock Exchange.
• The reporting persons no longer beneficially own any shares of the surviving corporation's common stock.

Risks

• The common stock will no longer be listed on the NYSE, potentially impacting liquidity for any remaining shareholders not part of the merger consideration.
• Appraisal rights under Delaware law may apply to certain shareholders, creating potential legal complexities.

Future Outlook

The common stock of KORE Group Holdings, Inc. will no longer be listed on the NYSE following the completion of the merger and delisting.

Industry Context

StockSavvy.ai notes that the delisting of KORE Group Holdings, Inc. from the NYSE signifies the completion of a going-private transaction, a common strategy for companies seeking to restructure or avoid public market pressures. The cash-out for shareholders at $9.25 per share indicates a valuation determined during the merger negotiations.

Legal Proceedings

• Shareholders may have exercised appraisal rights under Delaware law.

Stakeholder Impact

• Common shareholders received $9.25 per share in cash.
• The company's common stock is no longer listed on the NYSE, impacting public market investors.
• Searchlight IV KOR, L.P. retains its Series A-1 Preferred Stock in the surviving corporation.

Next Steps

• The common stock will no longer be traded on the NYSE.
• KORE Group Holdings, Inc. will continue as the surviving corporation under new ownership structure.

Key Dates

Keywords

KORE Group Holdings, Schedule 13D, Merger, Acquisition, Delisting, NYSE, Searchlight IV KOR, SEC Filing