STOCK TITAN

KORE Group Holdings (NYSE: KORE) completes cash merger at $9.25 per share

(Moderate)
(Neutral)
Form Type
SCHEDULE 13D/A

Rhea-AI Filing Summary

KORE Group Holdings, Inc. has been acquired in a cash merger completed on July 21, 2026. The reporting investment funds and individuals state they now beneficially own 0 shares and 0.00% of the company’s common stock.

Under the Merger Agreement, shares not contributed to the acquiring parent entity were converted into the right to receive $9.25 in cash per share, without interest and subject to applicable withholding taxes. After the merger, the parent holds all outstanding common stock of the surviving corporation, whose board the reporting persons do not control, so they no longer report beneficial ownership.

KORE’s common stock has been suspended from trading on the New York Stock Exchange, and a Form 25 has been filed to delist and deregister the shares, meaning they will no longer be listed on NYSE.

Positive

  • None.

Negative

  • None.
Merger cash consideration $9.25 per share Cash amount per share of common stock at the Effective Time of the Merger
Beneficial ownership after merger 0.00 shares Aggregate amount beneficially owned by each reporting person following the merger
Ownership percentage after merger 0.00 % Percent of class represented by the reporting persons’ holdings after July 21, 2026
Date merger consummated July 21, 2026 Date on which the Merger was consummated and reporting persons ceased to own shares
Par value per share $0.0001 Par value of KORE Group Holdings common stock
Merger Agreement regulatory
"On July 21, 2026, pursuant to the terms of the Merger Agreement, the Merger was consummated"
A merger agreement is a binding contract that lays out the exact terms for two companies to combine, including the price, what each side will deliver, and the conditions that must be met before the deal is completed. Investors care because it sets the timetable, payouts and risks — like a blueprint or prenup that shows whether the deal is likely to close, how ownership will change, and what could cancel or alter the payout they expect.
Effective Time regulatory
"contributed their respective shares of Common Stock to Parent immediately prior to the Effective Time of the Merger"
The exact clock time when a regulatory filing, approval, or corporate action formally becomes legally active; from that moment the change is binding and can be acted on. Investors care because the effective time marks when ownership, rights, trading rules, or new securities take effect — like a light switch turning on a contract or transaction — which determines when risks, benefits and market reactions begin.
beneficial ownership regulatory
"each of the Reporting Persons ceased to beneficially own any outstanding shares of Common Stock"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
Surviving Corporation regulatory
"the Merger was consummated with the Issuer continuing as the surviving corporation ("Surviving Corporation")"
Form 25 regulatory
"NYSE has filed with the SEC a Notification of Removal from Listing on Form 25"
A Form 25 is an official filing with the U.S. Securities and Exchange Commission used to remove a company's stock or other security from a national exchange list. Investors should care because delisting often means less visibility, lower trading volume and wider price swings—similar to a product moving from a major supermarket to a small local market, which can make buying, selling and valuing the security more difficult.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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FAQ

What transaction involving KORE (KORE) is described in this amendment?

KORE Group Holdings completed a cash merger on July 21, 2026. Shares not contributed to the acquiring parent were converted into the right to receive $9.25 per share in cash, with the parent holding all outstanding common stock after the merger.

How much did KORE (KORE) shareholders receive per share in the merger?

Each share of KORE common stock not held by the parent entity was converted into the right to receive $9.25 in cash per share, without interest and subject to any applicable withholding taxes, at the effective time of the merger.

What is the ownership status of the reporting persons in KORE (KORE) after the merger?

The reporting persons state they now beneficially own 0.00 shares, representing 0.00% of KORE’s common stock. They also note they do not control the parent’s board and therefore do not report beneficial ownership of the surviving corporation’s common stock.

What happened to KORE (KORE) stock on the New York Stock Exchange?

KORE’s common stock was suspended from trading on the NYSE before the July 21, 2026 open. NYSE has filed a Form 25 to delist and deregister the common stock, so it will no longer be listed on the exchange.

Who now holds KORE (KORE) common stock after the merger?

After giving effect to the merger, the acquiring parent entity holds all outstanding common stock of the surviving corporation. The reporting ABRY-related funds contributed their shares to the parent in exchange for interests in the parent before the merger’s effective time.

When did the reporting persons in KORE (KORE) cease to own any shares?

The reporting persons state that on July 21, 2026, as a result of the merger transactions, each of them ceased to beneficially own any outstanding shares of KORE common stock, reducing their reported holdings to zero.





50066V305

(CUSIP Number)
Kostas Sofronas
888 Boylston Street, Suite 1600,
Boston, MA, 02199
(617) 859-2959

(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)
07/21/2026

(Date of Event Which Requires Filing of This Statement)


If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box.

The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).




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SCHEDULE 13D


ABRY Partners VII, L.P.
Signature:/s/ Kostas Sofronas
Name/Title:Kostas Sofronas / Attorney-in-Fact
Date:07/21/2026
ABRY Partners VII Co-Investment Fund, L.P.
Signature:/s/ Kostas Sofronas
Name/Title:Kostas Sofronas / Attorney-in-Fact
Date:07/21/2026
ABRY Investment Partnership, L.P.
Signature:/s/ Kostas Sofronas
Name/Title:Kostas Sofronas / Attorney-in-Fact
Date:07/21/2026
ABRY Senior Equity IV, L.P.
Signature:/s/ Kostas Sofronas
Name/Title:Kostas Sofronas / Attorney-in-Fact
Date:07/21/2026
ABRY Senior Equity Co-Investment Fund IV, L.P.
Signature:/s/ Kostas Sofronas
Name/Title:Kostas Sofronas / Attorney-in-Fact
Date:07/21/2026
ABRY Partners II, LLC
Signature:/s/ Kostas Sofronas
Name/Title:Kostas Sofronas / Attorney-in-Fact
Date:07/21/2026
Royce Yudkoff
Signature:/s/ Kostas Sofronas
Name/Title:Kostas Sofronas / Attorney-in-Fact
Date:07/21/2026
Peggy Koenig
Signature:/s/ Kostas Sofronas
Name/Title:Kostas Sofronas / Attorney-in-Fact
Date:07/21/2026
Jay Grossman
Signature:/s/ Kostas Sofronas
Name/Title:Kostas Sofronas / Attorney-in-Fact
Date:07/21/2026