공고 • Jul 22

ABRY Partners, LLC and Searchlight Capital Partners, L.P. completed the acquisition of unknown majority stake in KORE Group Holdings, Inc. (NYSE:KORE) from rollover shareholders.

ABRY Partners, LLC and Searchlight Capital Partners, L.P. signed a letter of intent to acquire unknown majority stake in KORE Group Holdings, Inc. (NYSE:KORE) from rollover shareholders for approximately $730 million on November 3, 2025. Abry Partners and Searchlight entered into a definitive agreement to acquire unknown majority stake in KORE from rollover shareholders on February 26, 2026. Each share of Series A-1 Preferred Stock of the KORE, all of which shares are held by Searchlight IV KOR, L.P. will remain outstanding after the Merger. On February 26, 2026, KORE entered into, a Voting, Support and Rollover Agreement with Searchlight which, beneficially owns all of the issued and outstanding Series A-1 preferred stock (with a present liquidation preference of approximately $275,000,000) and Penny Warrants to purchase approximately 14% of the shares of Common Stock, on a fully diluted basis, pursuant to which, among other things, Searchlight has agreed to vote all of the shares of KORE Common Stock and Series A-1 preferred stock of the KORE held by Searchlight in favor of the adoption of the Merger Agreement and approval of the Merger and the other transactions contemplated by the Merger Agreement and to contribute all of such Penny Warrants to Parent immediately prior to the Effective Time; and Voting and Support Agreements with Abry and Voting, Support and Rollover Agreements with Abry, which, directly or indirectly, beneficially owns approximately 28% of the outstanding shares of KORE Common Stock, pursuant to which, among other things, Abry has agreed to vote all of the shares of KORE Common Stock held by Abry in favor of the adoption of the Merger Agreement and approval of the Merger and the other transactions contemplated by the Merger Agreement and to contribute shares representing approximately 27% of the outstanding shares of KORE Common Stock to Parent immediately prior to the Effective Time. In addition, pursuant to the Merger Agreement, each outstanding warrant to purchase KORE Common Stock that has not been exercised as of the Effective Time will remain outstanding after the Merger in accordance with its terms. Parent has obtained equity financing commitments from the Guarantors in an aggregate amount of $175 million to fund the transactions contemplated by the Merger Agreement. Upon closing, KORE will operate as a privately-held company. Upon termination of the Merger Agreement under specified circumstances, KORE will be required to pay Parent a termination fee of approximately $7.2 million and Parent will be required to pay KORE a termination fee in an amount equal to $12 million. The consummation of the Merger is subject to conditions, including, among others: 1) the adoption of the Merger Agreement by (i) the holders of a majority of the outstanding shares of KORE Common Stock entitled to vote thereon and (ii) the holders of a majority of the votes cast by the Disinterested Stockholders, which excludes Searchlight and its affiliates, Abry Partners, LLC and its affiliates, the other Rollover Stockholders, certain officers of the KORE and members of the Board affiliated with Searchlight, Abry or the other Rollover Stockholders (such approvals, collectively, the “Requisite KORE Stockholder Approval”) 2.) the expiration or termination of the applicable waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 and the receipt of any other required approvals under applicable antitrust laws 3) the receipt of certain required approvals from the Committee on Foreign Investment in the United States 4) the absence of any order, injunction or decree restraining, enjoining or otherwise prohibiting or making illegal the consummation of the Merger 5) the accuracy of the representations and warranties contained in the Merger Agreement, subject to customary materiality qualifications and “material adverse effect” qualifications, as of the date of the Merger Agreement and as of the closing, and the performance in all material respects of the covenants and agreements contained in the Merger Agreement by each of the parties; and since the date of the Merger Agreement, the absence of any Material Adverse Effect 6) subject to KORE Board of Directors’ approval. The members of the KORE Board of Directors voted unanimously in favor of the transaction, at a special meeting by all members present. KORE will hold a special meeting of stockholders to consider certain proposals related to the Merger Agreement on July 16, 2026. KORE expects the transaction to close during the second or third quarter of 2026. Board of directors of KORE duly established a special committee thereof consisting of only independent and disinterested directors. As of July 16, 2026, the shareholders of KORE Group Holdings, Inc. approved the transaction. Rothschild & Co US Inc. is acting as financial advisor and fairness opinion provider to the Special Committee. Michael D. Allen and Robert B. Greco of Richards, Layton & Finger, P.A. served as legal advisor to the Special Committee. Paul Davis Fancher and Coburn R. Beck of Troutman Pepper Locke LLP is serving as legal advisor to KORE. Steven A. Cohen of Wachtell, Lipton, Rosen & Katz LLP is serving as legal advisor to Searchlight. Douglas Ryder, P.C., Ryan Brissette, P.C., Peter Seligson, P.C., Aidan S. Murphy, and Joshua Korff, P.C. of Kirkland & Ellis LLP is acting as legal advisor to Abry. TD Securities (USA) LLC is acting as financial advisor to Searchlight and Abry. Kaskela Law LLC served as due diligence provider to KORE. Continental Stock Transfer & Trust Company acted as transfer agent to KORE. KORE has launched an investigation, the investigation seeks to determine whether KORE investors will be receiving sufficient financial consideration for their shares. ABRY Partners, LLC and Searchlight Capital Partners, L.P. completed the acquisition of unknown majority stake in KORE Group Holdings, Inc. (NYSE:KORE) from rollover shareholders on July 21, 2026. With the completion of the transaction, KORE common stock will cease trading prior to market open and will be delisted from the New York Stock Exchange. Immediately prior to the Effective Time, in connection with the consummation of the Merger, each member of KORE’s board of directors resigned from and ceased serving on KORE’s board of directors and any and all committees thereof. No director resigned as a result of any disagreement with KORE on any matter relating to the Company’s operations, policies or practices. The members of KORE’s board of directors immediately prior to the Effective Time were Ronald Totton, Timothy M. Donahue, Cheemin Bo-Linn, H. Paulett Eberhart, Andrew Frey, David Fuller, James Giesler, Jay M. Grossman, Robert P. MacInnis, and Michael K. Palmer.

공고 • Feb 27

ABRY Partners, LLC and Searchlight Capital Partners, L.P. signed a letter of intent to acquire remaining majority stake in KORE Group Holdings, Inc. (NYSE:KORE) from rollover shareholders for approximately $730 million.

ABRY Partners, LLC and Searchlight Capital Partners, L.P. signed a letter of intent to acquire remaining majority stake in KORE Group Holdings, Inc. (NYSE:KORE) from rollover shareholders for approximately $730 million on November 3, 2025. Abry Partners and Searchlight entered into a definitive agreement to acquire remaining majority stake in KORE from rollover shareholders on February 26, 2026. Each share of Series A-1 Preferred Stock of the KORE, all of which shares are held by Searchlight IV KOR, L.P. will remain outstanding after the Merger. On February 26, 2026, KORE entered into, a Voting, Support and Rollover Agreement with Searchlight which, beneficially owns all of the issued and outstanding Series A-1 preferred stock (with a present liquidation preference of approximately $275,000,000) and Penny Warrants to purchase approximately 14% of the shares of Common Stock, on a fully diluted basis, pursuant to which, among other things, Searchlight has agreed to vote all of the shares of KORE Common Stock and Series A-1 preferred stock of the KORE held by Searchlight in favor of the adoption of the Merger Agreement and approval of the Merger and the other transactions contemplated by the Merger Agreement and to contribute all of such Penny Warrants to Parent immediately prior to the Effective Time; and Voting and Support Agreements with Abry and Voting, Support and Rollover Agreements with Abry, which, directly or indirectly, beneficially owns approximately 28% of the outstanding shares of KORE Common Stock, pursuant to which, among other things, Abry has agreed to vote all of the shares of KORE Common Stock held by Abry in favor of the adoption of the Merger Agreement and approval of the Merger and the other transactions contemplated by the Merger Agreement and to contribute shares representing approximately 27% of the outstanding shares of KORE Common Stock to Parent immediately prior to the Effective Time. In addition, pursuant to the Merger Agreement, each outstanding warrant to purchase KORE Common Stock that has not been exercised as of the Effective Time will remain outstanding after the Merger in accordance with its terms. Parent has obtained equity financing commitments from the Guarantors in an aggregate amount of $175 million to fund the transactions contemplated by the Merger Agreement. Upon closing, KORE will operate as a privately-held company. Upon termination of the Merger Agreement under specified circumstances, KORE will be required to pay Parent a termination fee of approximately $7.2 million and Parent will be required to pay KORE a termination fee in an amount equal to $12 million. The consummation of the Merger is subject to conditions, including, among others: 1) the adoption of the Merger Agreement by (i) the holders of a majority of the outstanding shares of KORE Common Stock entitled to vote thereon and (ii) the holders of a majority of the votes cast by the Disinterested Stockholders, which excludes Searchlight and its affiliates, Abry Partners, LLC and its affiliates, the other Rollover Stockholders, certain officers of the KORE and members of the Board affiliated with Searchlight, Abry or the other Rollover Stockholders (such approvals, collectively, the “Requisite KORE Stockholder Approval”) 2.) the expiration or termination of the applicable waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 and the receipt of any other required approvals under applicable antitrust laws 3) the receipt of certain required approvals from the Committee on Foreign Investment in the United States 4) the absence of any order, injunction or decree restraining, enjoining or otherwise prohibiting or making illegal the consummation of the Merger 5) the accuracy of the representations and warranties contained in the Merger Agreement, subject to customary materiality qualifications and “material adverse effect” qualifications, as of the date of the Merger Agreement and as of the closing, and the performance in all material respects of the covenants and agreements contained in the Merger Agreement by each of the parties; and since the date of the Merger Agreement, the absence of any Material Adverse Effect 6) subject to KORE Board of Directors’ approval. The members of the KORE Board of Directors voted unanimously in favor of the transaction, at a special meeting by all members present. KORE expects the transaction to close during the second or third quarter of 2026. Board of directors of KORE duly established a special committee thereof consisting of only independent and disinterested directors. Rothschild & Co US Inc. is acting as financial advisor and fairness opinion provider to the Special Committee. Michael D. Allen and Robert B. Greco of Richards, Layton & Finger, P.A. served as legal advisor to the Special Committee. Paul Davis Fancher and Coburn R. Beck of Troutman Pepper Locke LLP is serving as legal advisor to KORE. Steven A. Cohen of Wachtell, Lipton, Rosen & Katz LLP is serving as legal advisor to Searchlight. Joshua Korff, P.C. of Kirkland & Ellis LLP is acting as legal advisor to Abry. TD Securities (USA) LLC is acting as financial advisor to Searchlight and Abry.

이자보상배율	n/a
현금	US$28.92m
자본	-US$191.50m
총부채	US$587.62m
총자산	US$396.11m

데이터	최종 업데이트 (UTC 시간)
기업 분석	2026/07/22 18:50
종가	2026/07/20 00:00
수익	2026/03/31
연간 수익	2025/12/31

패키지	데이터	기간	미국 소스 예시 ^*
기업 재무제표	10년	손익계산서 현금흐름표 대차대조표	SEC 양식 10-K SEC 양식 10-Q
분석가 컨센서스 추정치	+3년	재무 예측 분석가 목표주가	분석가 리서치 보고서 Blue Matrix
시장 가격	30년	주가 배당, 분할 및 기타 조치	ICE 시장 데이터 SEC 양식 S-1
지분 구조	10년	주요 주주 내부자 거래	SEC 양식 4 SEC 양식 13D
경영진	10년	리더십 팀 이사회	SEC 양식 10-K SEC 양식 DEF 14A
주요 개발	10년	회사 공시	SEC 양식 8-K

분석가	기관
Scott Searle	Roth Capital Partners
Lance Vitanza	TD Cowen

This company has been acquired

KORE Group Holdings 대차대조표 건전성

재무 건전성 기준 점검 2/6

핵심 정보

최근 재무 건전성 업데이트

KORE Group Holdings, Inc. announced delayed annual 10-K filing

KORE Group Holdings Receives Continued Listing Standard Notice from NYSE

KORE Group Approves Reverse Stock Split to Increase the Per Share Market Price of the Company's Common Stock to Meet the Minimum Per Share Price Requirement for Continued Listing on the NYSE

KORE Group Holdings, Inc. announced delayed annual 10-K filing

KORE Receives Continued Listing Standard Notice from NYSE

Recent updates

ABRY Partners, LLC and Searchlight Capital Partners, L.P. completed the acquisition of unknown majority stake in KORE Group Holdings, Inc. (NYSE:KORE) from rollover shareholders.

KORE Group Holdings, Inc.(NYSE:KORE) dropped from Russell Small Cap Completeness Index

President exercised options and sold US$181k worth of stock

Price target decreased by 17% to US$5.00

KORE: Pending Buyout Structure Will Restrict Future Shareholder Upside Potential

KORE: Pending Buyout And Lower Profitability Assumptions Will Pressure Future Returns

ABRY Partners, LLC and Searchlight Capital Partners, L.P. signed a letter of intent to acquire remaining majority stake in KORE Group Holdings, Inc. (NYSE:KORE) from rollover shareholders for approximately $730 million.

KORE: US$5 Fair Value Will Guide Trading While Risk Profile Evolves

KORE: US$5 Offer Will Anchor Trading Range While Deal Prospects Evolve

KORE: US$5 Offer Will Shape Transaction Outcome And Near Term Trading Range

KORE: US$5 Offer Will Define Near Term Path And Deal Risk

KORE: Offer At 5 Dollars Will Anchor Shares And Limit Upside

KORE: Buyout Offer Set To Provide Share Support And Downside Protection

KORE: Acquisition Offer Expected To Anchor Shares Amidst Limited Upside

KORE Group Holdings, Inc. to Report Q3, 2025 Results on Nov 12, 2025

KORE Group Holdings, Inc. Reiterates Earnings Guidance for the Twelve Months Ending December 31, 2025

KORE Group Holdings, Inc. to Report Q2, 2025 Results on Aug 14, 2025

KORE Group Holdings, Inc. Announces Board Changes

KORE Group Holdings, Inc. Announces Chief Financial Officer Changes

Kore Group Holdings, Inc. Affirms Earnings Guidance for Twelve Months Ending December 31, 2025

KORE Group Holdings, Inc. to Report Q1, 2025 Results on May 15, 2025

KORE Group Holdings, Inc., Annual General Meeting, Jun 10, 2025

IoT Connectivity And Efficiency Gains Will Shape The Future

KORE Group Holdings, Inc. announced delayed annual 10-K filing

KORE Group Holdings, Inc. to Report Q4, 2024 Results on Apr 15, 2025

KORE Group Holdings, Inc. Announces Executive Changes, Effective January 31, 2025

KORE Group Holdings, Inc. Provides Earnings Guidance for the Year Ending December 31, 2024

KORE Group Holdings, Inc. to Report Q3, 2024 Results on Nov 13, 2024

KORE Group Holdings Receives Continued Listing Standard Notice from NYSE

KORE Group Holdings, Inc. Announces Restructuring Plan Focused on Driving Profitable Growth

KORE Group Holdings, Inc. Appoints Ron Totton as CEO

KORE Group Holdings, Inc. to Report Q2, 2024 Results on Aug 15, 2024

Kore Group Holdings, Inc. Announces Appointment of Bruce Gordon as Executive Vice President and Chief Operating Officer

KORE Group Approves Reverse Stock Split to Increase the Per Share Market Price of the Company's Common Stock to Meet the Minimum Per Share Price Requirement for Continued Listing on the NYSE

KORE Group Holdings, Inc. to Report Q1, 2024 Results on May 15, 2024

KORE Group Holdings, Inc., Annual General Meeting, Jun 12, 2024

KORE Group Holdings, Inc. Announces Chief Executive Officer Changes, Effective May 3, 2024

KORE Group Holdings, Inc. Announces Resignation of Tushar Sachdev as Executive Vice President and Chief Technology Officer, Effective April 30, 2024

KORE Group Holdings, Inc. to Report Q4, 2023 Results on Apr 11, 2024

KORE Group Holdings, Inc. announced delayed annual 10-K filing

High number of new directors

KORE Group Holdings, Inc. announced that it has received $150 million in funding from Searchlight Capital Partners, L.P.

New major risk - Share price stability

Consensus EPS estimates fall by 129%

KORE Group Holdings, Inc. Revises Earnings Guidance for the Twelve Months Ending December 31, 2023

KORE Group Holdings, Inc. announced that it expects to receive $150 million in funding from Searchlight Capital Partners, L.P.

KORE Group Holdings, Inc. to Report Q3, 2023 Results on Nov 09, 2023

KORE Receives Continued Listing Standard Notice from NYSE

High number of new directors

KORE Group Holdings, Inc. Announces Resignation Tomer Yosef-Or from the Board of Directors

Consensus EPS estimates fall by 26%

Price target decreased by 7.7% to US$4.20

New major risk - Share price stability

Second quarter 2023 earnings: EPS and revenues miss analyst expectations

Kore Group Holdings, Inc. Provides Revenue Guidance for the Twelve Months Ending December 31, 2023

New minor risk - Market cap size

KORE Group Holdings, Inc. to Report Q2, 2023 Results on Aug 09, 2023

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