Core Viewpoint - KORE Group Holdings, Inc. has entered into a definitive agreement to be acquired by Searchlight Capital Partners and Abry Partners for $9.25 per share in cash, representing a significant premium to previous stock prices, with the total transaction valued at approximately $726 million [1]. Transaction Details - The acquisition price of $9.25 per share represents a 691% premium to KORE's closing stock price on December 18, 2024, and a 132% premium to the closing price on November 3, 2025 [1]. - The KORE Board of Directors unanimously approved the transaction based on the recommendation of a Special Committee of independent directors [1]. - Upon completion, KORE will transition to a privately-held company [1]. Shareholder and Regulatory Approvals - The transaction requires approval from a majority of the voting power represented by outstanding shares and regulatory approvals, including clearance under the Hart-Scott-Rodino Antitrust Improvements Act and by the Committee on Foreign Investment in the United States [1]. - KORE expects the transaction to close during the second or third quarter of 2026 [1]. Company Background - KORE is recognized as a leader in providing Internet of Things (IoT) solutions and services, aiming to enhance operational and business results for organizations [2]. - Searchlight Capital Partners manages over $18 billion in assets and focuses on long-term capital investments [2]. - Abry Partners has completed over $90 billion in transactions since its founding in 1989 and currently manages $16 billion in assets [2].

Core Insights - KORE Group Holdings, Inc. will release its financial results for the third quarter of 2025 on November 12, 2025, after the U.S. market closes [1] - A live webcast and Q&A session will be held on the same day at 5:00 p.m. Eastern time to discuss the financial results [1] Company Overview - KORE is recognized as a pioneer and leader in delivering mission-critical IoT solutions and services, aimed at simplifying the complexity of IoT for organizations of all sizes [2] - The company emphasizes its deep IoT knowledge, global reach, purpose-built solutions, and deployment agility, which significantly impact customers' business outcomes [2]

Group 1 - KORE Group Holdings, Inc. will release its financial results for the second quarter of 2025 on August 14, 2025, after the U.S. market closes [1] - A live webcast will be hosted on the same day at 5:00 p.m. Eastern time to discuss the financial results, followed by a question-and-answer session [1][2] - KORE is recognized as a pioneer and leader in delivering mission-critical IoT solutions and services, aiming to simplify the complexity of IoT for organizations of all sizes [2] Group 2 - The company emphasizes its deep IoT knowledge, global reach, and purpose-built solutions that significantly impact customers' business outcomes [2] - Contact information for investor relations is provided, including the Vice President of IR and Corporate Development [3]

Core Insights - KORE Group Holdings, Inc. will release its financial results for Q1 2025 on May 15, 2025, after U.S. market closing [1] - A live webcast will be held on the same day at 5:00 p.m. Eastern time to discuss the financial results [1] Company Overview - KORE is a leader in providing mission-critical IoT solutions and services, helping organizations improve operational and business results [2] - The company emphasizes simplifying the complexity of IoT through its deep knowledge, global reach, and purpose-built solutions [2]