Core Insights - KORE Group Holdings, Inc. has been added to the Russell Microcap® Index, effective June 30, 2025, marking a significant milestone for the company [1][2] - The inclusion in the Russell Microcap® Index is seen as recognition of KORE's position in the IoT ecosystem and its commitment to executing a value creation plan focused on profitable growth and operational efficiency [2] - Russell indexes are widely utilized by investment managers and institutional investors, serving as benchmarks for approximately $10.6 trillion in assets as of June 2024 [3] Company Overview - KORE is a leader in providing mission-critical IoT solutions and services, aimed at simplifying the complexity of IoT for organizations of all sizes [4] - The company emphasizes its deep IoT knowledge, global reach, and purpose-built solutions to enhance customer business outcomes [4] Industry Context - FTSE Russell, the global index provider, calculates thousands of indexes that benchmark markets and asset classes in over 70 countries, covering 98% of the investable market globally [5] - Approximately $18.1 trillion is benchmarked to FTSE Russell indexes, indicating the significant role these indexes play in the investment landscape [5]

Core Viewpoint - KORE Group Holdings, Inc. has received a notice from the NYSE regarding non-compliance due to the late filing of its Annual Report on Form 10-K for the fiscal year ended December 31, 2024 [1][2]. Group 1: Compliance and Filing Status - The NYSE notice indicates that KORE has six months from April 15, 2025, to regain compliance by filing the Form 10-K with the SEC [2]. - If KORE fails to file within the six-month period, the NYSE may grant an extension of up to six additional months at its discretion [2]. - The company anticipates filing the Form 10-K by April 30, 2025, due to the need for additional time and resources for financial reporting [3]. Group 2: Company Overview - KORE is recognized as a leader in IoT solutions, providing critical services that help organizations improve operational and business results [4]. - The company emphasizes its deep IoT knowledge, global reach, and purpose-built solutions to enhance customer business outcomes [4].

Core Points - KORE Group Holdings, Inc. has postponed the release of its financial results for the fourth quarter and full year ended December 31, 2024, which was originally scheduled for April 15, 2025 [1][2] - The new expected date for the financial results release is after market close on April 30, 2025, along with the filing of its Annual Report on Form 10-K [1][2] - A live webcast conference call to discuss the financial results is scheduled for April 30, 2025, at 5:00 p.m. Eastern Daylight Time [2] Company Overview - KORE is recognized as a leader in providing mission-critical IoT solutions and services, aimed at simplifying the complexity of IoT for organizations of all sizes [3] - The company emphasizes its deep IoT knowledge, global reach, and purpose-built solutions to enhance operational and business results for its customers [3]