KORE (KORE) 13D/A: Searchlight Reports 13.7% Stake via Warrants
KORE Group Holdings, Inc. (KORE) received an Amendment No. 5 to a Schedule 13D from the Searchlight IV KOR investment group regarding warrants to purchase its common stock.
Rhea-AI Filing Summary
KORE Group Holdings, Inc. (KORE) received an Amendment No. 5 to a Schedule 13D from the Searchlight IV KOR investment group regarding warrants to purchase its common stock. Searchlight IV KOR, L.P. and its affiliated entities report beneficial ownership of 2,404,942 shares of common stock issuable upon exercise of two warrants with a strike price of $0.05 per share, reflecting KORE’s 1-for-5 reverse stock split effective July 1, 2024.
This position represents 13.7% of KORE’s common stock, based on 17,539,937 shares outstanding as of November 10, 2025 as reported in KORE’s Form 10-Q. The amendment also notes that on November 25, 2025, KORE and Searchlight IV KOR, L.P. amended their August 1 Agreement to extend the defined “Holiday Period” to December 31, 2025, and lists various related investment and rights agreements as exhibits.
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FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What ownership stake does Searchlight report in KORE (KORE) in this Schedule 13D/A?
How is the 13.7% beneficial ownership in KORE (KORE) calculated?
What securities does Searchlight hold in KORE (KORE) under this filing?
What change to the August 1 Agreement is disclosed for KORE (KORE)?
Who are the reporting persons in this KORE (KORE) Schedule 13D/A Amendment No. 5?
AI-generated analysis. How Rhea-AI works. Not financial advice.