# Searchlight IV KOR, L.P. — merger [completed]
Source: SEC API (secapi.ai) · situation sit_df2f1323e46dc45088b6 · retrieved 2026-08-11T16:11:04.207Z

## Overview
KORE Group Holdings, Inc. is a communication services company (formerly King Pubco, Inc.) providing IoT and connectivity solutions.

On July 21, 2026, KORE Group Holdings, Inc. completed a merger with KONA Merger Sub Co., with KORE continuing as the surviving corporation. Each outstanding share of Common Stock was cancelled and converted into the right to receive $9.25 per share in cash, without interest and subject to applicable withholding taxes. Shares held by Parent (KONA Parent L.P.) or Merger Sub, shares held as treasury stock, and shares subject to perfected appraisal rights were cancelled without consideration. Searchlight IV KOR, L.P. contributed all shares underlying Penny Warrants (exercised on July 17, 2026) to Parent immediately prior to the merger's effective time pursuant to a Rollover, Voting and Support Agreement dated February 26, 2026. The Common Stock was suspended from NYSE trading on July 21, 2026, and NYSE filed a Form 25 notification to delist and deregister the security.

## Terms
- Counterparty: KONA Parent L.P. (acquirer); KONA Merger Sub Co. (merger subsidiary) · Consideration: cash · Price/share: $9.25

## Key dates
- Completed 2026-07-21

## Timeline
- 2026-07-21 · SCHEDULE 13D/A (0001104659-26-085392): SCHEDULE 13D/A - Searchlight IV KOR, L.P. — *KORE Group Holdings, Inc. is a communication services company (formerly King Pubco, Inc.) providing IoT and connectivity solutions.* On July 21, 2026, KORE Group Holdings, Inc. completed a merger with KONA Merger Sub Co., with KORE continuing as the surviving corporation. Each outstanding share of Common Stock was cancelled and converted into the right to receive $9.25 per share in cash, without interest and subject to applicable withholding taxes. Shares held by Parent (KONA Parent L.P.) or Merger Sub, shares held as treasury stock, and shares subject to perfected appraisal rights were cancelled without consideration. Searchlight IV KOR, L.P. contributed all shares underlying Penny Warrants (exercised on July 17, 2026) to Parent immediately prior to the merger's effective time pursuant to a Rollover, Voting and Support Agreement dated February 26, 2026. The Common Stock was suspended from NYSE trading on July 21, 2026, and NYSE filed a Form 25 notification to delist and deregister the security.
  https://www.sec.gov/Archives/edgar/data/1999695/0001104659-26-085392.txt

## Citations
- 0001104659-26-085392 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000110465926085392