Fortress entities report 0% stake in KORE Group Holdings (KORE) in 13G/A
Rhea-AI Filing Summary
KORE Group Holdings, Inc. received an amended Schedule 13G/A from a group of affiliated Fortress entities, including FIG LLC and Fortress Investment Group LLC. The amendment reports that these reporting persons now beneficially own 0 shares of KORE common stock and hold 0% of the class.
For each reporting entity, the filing lists 0.00 sole voting power, shared voting power, sole dispositive power, and shared dispositive power over KORE common stock, confirming they are no longer beneficial owners of 5% or more of the company’s outstanding common shares.
Positive
- None.
Negative
- None.
Key Figures
Beneficial ownership: 0 shares
Percent of class: 0%
Sole voting power: 0.00
+2 more
5 metrics
Beneficial ownership
0 shares
Amount beneficially owned by each reporting person as shown in Item 9 of the cover pages
Percent of class
0%
Percent of KORE common stock class reported in Item 11 of the cover pages
Sole voting power
0.00
Sole power to vote or direct the vote for each reporting person
Shared voting power
0.00
Shared power to vote or direct the vote for each reporting person
Sole dispositive power
0.00
Sole power to dispose or direct disposition of KORE common stock
Key Terms
beneficially owned, Sole Voting Power, Shared Dispositive Power, Ownership of 5 percent or Less of a Class, +1 more
5 terms
beneficially owned financial
"Item 4. | Ownership (a) | Amount beneficially owned: See Item 9"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
Sole Voting Power financial
"5 | Sole Voting Power 0.00 6 | Shared Voting Power 0.00"
Sole voting power is the exclusive right to cast votes attached to a shareholder’s stock without needing approval from anyone else. Like holding the only remote control for a TV, it lets that holder decide corporate matters such as board members, mergers, and policy changes, making it important to investors because it concentrates control and can strongly influence a company’s strategy and the value of its shares.
Ownership of 5 percent or Less of a Class regulatory
"Item 5. | Ownership of 5 Percent or Less of a Class."
Joint Filing Agreement regulatory
"The Joint Filing Agreement among the Reporting Persons to file this Amendment"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What does KORE (KORE)'s latest Schedule 13G/A amendment report?
The amendment reports that affiliated Fortress entities now beneficially own 0 shares of KORE common stock and hold 0% of the class, indicating they are no longer 5% beneficial owners.
Which investors filed the Schedule 13G/A amendment for KORE (KORE)?
The filing is made by a group of related entities, including FIG LLC, Fortress Operating Entity I LP, FIG Blue LLC, Fortress Investment Group LLC, and affiliated holding entities, collectively referred to as the reporting persons.
How much KORE (KORE) stock do the Fortress entities now beneficially own?
Each reporting person discloses 0.00 shares beneficially owned, with 0.00 sole and shared voting and dispositive power, and an aggregate 0% of KORE’s common stock class.
What is the key ownership change disclosed for KORE (KORE)?
The reporting group states that they now have ownership of 5 percent or less of KORE’s common stock, with reported beneficial ownership reduced to 0 shares and 0% of the class.
Where are the KORE (KORE) reporting persons based?
Each reporting person lists its principal business office at c/o Fortress Investment Group LLC, 1345 Avenue of the Americas, 46th Floor, New York, NY 10105, with each organized under Delaware law.
What class of securities is covered in this KORE (KORE) Schedule 13G/A?
The filing relates to Common Stock, par value $0.0001 per share of KORE Group Holdings, Inc., identified by CUSIP number 50066V305.