KORE to Ring Opening Bell on the New York Stock Exchange
KORE Group Holdings, a leader in IoT solutions, is set to ring the Opening Bell at the NYSE on Oct. 12, 2021, at 9:26 a.m. Eastern.
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Rhea-AI Summary
KORE Group Holdings, a leader in IoT solutions, is set to ring the Opening Bell at the NYSE on Oct. 12, 2021, at 9:26 a.m. Eastern. This event marks a significant milestone as KORE is one of the first global, pure-play IoT companies to be publicly listed. The CEO, Romil Bahl, celebrates this achievement as a reflection of customer trust and a commitment to the ongoing decade of IoT. The event will emphasize the growing connectivity through IoT. The NYSE expressed excitement about KORE's entry into the trading community.
Positive
- KORE is one of the first global, pure-play IoT businesses to be publicly listed.
- KORE's participation in ringing the NYSE Opening Bell raises awareness for IoT's role in global connectivity.
- Company executives express satisfaction in customer trust and operational achievements.
Negative
- None.
Details
News Market Reaction – KORE
The recorded move for KORE in the trading session of this news was +4.77%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
ATLANTA, Oct. 11, 2021 /PRNewswire/ -- KORE Group Holdings, Inc. (NYSE: KORE, KORE WS) ("KORE"), a global leader in Internet of Things (IoT) solutions and worldwide IoT Connectivity-as-a-Service (CaaS), announced today that its President and CEO Romil Bahl will participate in one of finance's longest-held traditions by opening the trading of equities on the New York Stock Exchange with the ringing of the Opening Bell®. Tune in on Tuesday, Oct. 12 at 9:26 a.m./Eastern to watch the festivities on your favorite business news channel.
KORE is one of the first global, pure-play IoT businesses to become a listed company. It is further distinguished by its unique one-stop-shop offering that enables customers to deploy, manage, and scale their IoT efforts efficiently and effectively.
"Participating in this tradition reflects our customers' belief in the value we bring to simplifying their IoT deployments and our employees' collective achievements to execute on our transformational strategy – to both groups, thank you," said Bahl. "The 'decade of IoT' is underway. Ringing the bell at the NYSE helps raise the awareness of the role that IoT and KORE are playing as the planet becomes more and more connected."
"We are excited to welcome KORE to the NYSE community, joining an extraordinary network of NYSE-listed companies that are at the forefront of disruption and innovation," said Amanda Hindlian, Global Head of Capital Markets for the NYSE.
The NYSE also will live stream the bell-ringing celebration from its website, which can be accessed here. The bell ringing is scheduled for 9:26 - 9:30 a.m. Eastern Time on Tuesday, Oct. 12. A video of the ceremony will be archived on the NYSE website page following the livestream. Photos from the ceremonial event will be available on LinkedIn and Twitter.
About KORE
KORE is a pioneer, leader, and trusted advisor delivering mission-critical IoT solutions and services. We empower organizations of all sizes to improve operational and business results by simplifying the complexity of IoT. Our deep IoT knowledge and experience, global reach, purpose-built solutions, and deployment agility accelerate and materially impact our customers' business outcomes. For more information, visit www.korewireless.com.
KORE Contact
Media and Investors
Jean Creech Avent
Vice President, Investor Relations and Public Relations
jcreechavent@korewireless.com
+1 843-986-8229
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SOURCE KORE Wireless
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