# KORE Group Holdings, Inc. (KORGW) — merger [completed]
Source: SEC API (secapi.ai) · situation sit_4861080af5074bcac3ba · retrieved 2026-08-11T15:52:44.598Z

## Overview
KORE Group Holdings, Inc. is a communication services company.

On July 21, 2026, KORE Group Holdings, Inc. completed a merger with KONA Merger Sub Co., a subsidiary of KONA Parent L.P., which is affiliated with funds managed by Searchlight Capital Partners, L.P. and Abry Partners, LLC and/or Abry Partners II, LLC. Under the Merger Agreement dated February 26, 2026, all outstanding shares of Common Stock were cancelled and converted into the right to receive $9.25 per share in cash, without interest and subject to applicable withholding taxes. The Reporting Persons (Cerberus Telecom Acquisition Holdings, LLC and Frank Bruno) disposed of all their shares and received the Merger Consideration, and as a result ceased to beneficially own more than 5% of the outstanding shares.

## Terms
- Counterparty: KONA Parent L.P. (affiliated with Searchlight Capital Partners, L.P. and Abry Partners, LLC/Abry Partners II, LLC) · Consideration: cash · Price/share: $9.25

## Key dates
- Announced 2026-07-27 · Vote 2026-07-16 · Completed 2026-07-21

## Timeline
- 2026-07-09 · 8-K (0001140361-26-028120): 8-K - KORE Group Holdings, Inc. — *KORE Group Holdings, Inc. is a communication services company providing IoT and connectivity solutions.* KORE Group Holdings, Inc. entered into an Agreement and Plan of Merger on February 26, 2026 with KONA Parent, L.P. and its wholly owned subsidiary KONA Merger Sub Co., pursuant to which Merger Sub will merge with and into KORE, with KORE continuing as the surviving corporation and a wholly owned subsidiary of Parent. Searchlight Capital IV, L.P. and certain affiliates have committed to provide equity financing to Parent. The Merger Agreement was unanimously approved by the Board acting on the recommendation of a special committee of independent and disinterested directors. KORE will hold a special meeting of stockholders on July 16, 2026 to consider proposals related to the Merger Agreement.
  https://www.sec.gov/Archives/edgar/data/1855457/0001140361-26-028120.txt
- 2026-07-21 · 8-K (0001140361-26-029039): 8-K - KORE Group Holdings, Inc. — *KORE Group Holdings, Inc. is a global provider of Internet of Things (IoT) connectivity, solutions and analytics, helping organizations simplify the complexity of deploying, managing and scaling connected solutions through its global carrier relationships, technology platform and operational expertise.* KORE Group Holdings, Inc. completed its acquisition by affiliates of Searchlight Capital Partners, L.P. and Abry Partners on July 21, 2026, pursuant to a merger agreement dated February 26, 2026. Each share of KORE common stock outstanding immediately prior to the merger was converted into the right to receive $9.25 per share in cash. The company became a wholly-owned subsidiary of an affiliate of Parent (KONA Parent L.P.). KORE common stock ceased trading on the New York Stock Exchange and was delisted. Searchlight IV KOR exercised all penny warrants on July 17, 2026, and contributed the underlying shares to Parent immediately prior to the merger's effective time. Rollover stockholders including Searchlight IV KOR, ABRY Partners VII, L.P., and other shareholders transferred their common stock to Parent in exchange for Class A partnership interests.
  https://www.sec.gov/Archives/edgar/data/1855457/0001140361-26-029039.txt
- 2026-07-21 · SCHEDULE 13D/A (0001193125-26-310290): SCHEDULE 13D/A - KORE Group Holdings, Inc. — *KORE Group Holdings, Inc. is a communication services company.* On July 21, 2026, KORE Group Holdings, Inc. completed a merger with Parent, with KORE continuing as the surviving corporation. ABRY Partners VII, L.P. and ABRY Partners VII Co-Investment Fund, L.P. contributed their shares to Parent in exchange for interests in Parent. Public shareholders' shares were cancelled and converted into the right to receive $9.25 per share in cash, without interest and subject to applicable withholding taxes. Following the merger, Parent holds all outstanding common stock of the surviving corporation, and the common stock was suspended from trading on the NYSE and subsequently delisted.
  https://www.sec.gov/Archives/edgar/data/1855457/0001193125-26-310290.txt
- 2026-07-27 · SCHEDULE 13D/A (0001011438-26-000444): SCHEDULE 13D/A - KORE Group Holdings, Inc. — *KORE Group Holdings, Inc. is a communication services company.* On July 21, 2026, KORE Group Holdings, Inc. completed a merger with KONA Merger Sub Co., a subsidiary of KONA Parent L.P., which is affiliated with funds managed by Searchlight Capital Partners, L.P. and Abry Partners, LLC and/or Abry Partners II, LLC. Under the Merger Agreement dated February 26, 2026, all outstanding shares of Common Stock were cancelled and converted into the right to receive $9.25 per share in cash, without interest and subject to applicable withholding taxes. The Reporting Persons (Cerberus Telecom Acquisition Holdings, LLC and Frank Bruno) disposed of all their shares and received the Merger Consideration, and as a result ceased to beneficially own more than 5% of the outstanding shares.
  https://www.sec.gov/Archives/edgar/data/1855457/0001011438-26-000444.txt

## Citations
- 0001140361-26-028120 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000114036126028120
- 0001140361-26-029039 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000114036126029039
- 0001193125-26-310290 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000119312526310290
- 0001011438-26-000444 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000101143826000444