Searchlight updates 13.7% KORE warrant stake
KORE Group Holdings, Inc. received an updated ownership filing from Searchlight-affiliated funds.
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Rhea-AI Filing Summary
KORE Group Holdings, Inc. received an updated ownership filing from Searchlight-affiliated funds. The Schedule 13D/A shows beneficial ownership of 2,404,942 shares of common stock issuable upon exercise of two penny warrants with a $0.05 exercise price, after a 1-for-5 reverse stock split.
This stake represents 13.7% of KORE’s common stock, based on 17,539,937 shares outstanding as of November 10, 2025. The amendment also notes that on February 13, 2026, KORE and Searchlight IV KOR, L.P. extended the “Holiday Period” in their August 1, 2025 agreement to March 15, 2026.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What ownership stake in KORE (KORE) do the Searchlight entities report?
What change did the February 13, 2026 amendment disclose for KORE (KORE)?
Which Searchlight entities are listed as reporting persons for KORE (KORE)?
How was the 13.7% KORE ownership percentage calculated in this filing?
AI-generated analysis. How Rhea-AI works. Not financial advice.