KORE Group Holdings Receives $5.00-per-Share Buyout Offer from Searchlight and Abry

Reuters11-05

KORE Group Holdings Receives $5.00-per-Share Buyout Offer from Searchlight and Abry

KORE Group Holdings Inc. disclosed that its Special Committee has received a non-binding letter from Searchlight Capital Partners and Abry Partners proposing to acquire all outstanding shares of the company's common stock not already owned by them for $5.00 per share in cash. The Special Committee, supported by financial and legal advisors, is reviewing and evaluating the proposal. No assurances were given that any transaction will result from this process, and further updates will be provided if a specific agreement is reached or the review concludes.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. KORE Group Holdings Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: CL15826) on November 04, 2025, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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