Northland Capital initiated coverage on Cerberus Telecom Acquisition Corp. with a new price target
$CTAC
Northland Capital initiated coverage of Cerberus Telecom Acquisition Corp. with a rating of Outperform and set a new price target of $17.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 8/16/2021 | $17.00 | Outperform | Northland Capital |
ATLANTA, Oct. 1, 2021 /PRNewswire/ -- KORE Group Holdings, Inc., (NYSE:KORE, KORE WS))) ("KORE" or the "Company"), a global leader in Internet of Things (IoT) solutions and worldwide IoT Connectivity-as-a-Service (CaaS) announced that it will begin trading on the New York Stock Exchange today after completing the previously announced business combination between KORE Wireless Group, Inc. ("KORE Wireless") and Cerberus Telecom Acquisition Corp. (NYSE:CTAC, CTAC, CTAC WS))) ("CTAC"). "I am thrilled to celebrate this milestone on the KORE journey." KORE President and CEO Romil Ba
CTAC and KORE amend Merger Agreement to enhance liquidity of post-closing public company Certain preferred stockholders of KORE elect to receive shares in post-closing public company, allowing KORE to retain an additional $40 million on the balance sheet post-closing Up to $25 million to be made available to KORE under new convertible debt commitment from Fortress With this additional $65 million, KORE will have access to approximately $100 million of total liquidity to fund and accelerate growth CTAC Special Meeting moved to Wednesday, September 29, 2021; business combination expected to close on or about September 30, 2021 Cerberus Telecom Acquisition Corp. (NYSE:CTAC, NYSE:
ATLANTA and SAN FRANCISCO, Sept. 21, 2021 /PRNewswire/ -- KORE, a global leader in Internet of Things (IoT) services and solutions, today announced that it has teamed up with Myia Health, an enterprise platform for healthcare delivery in the home, to provide major hospitals with software and IoT managed services that ensure IoT devices are kitted and shipped to patients who are being treated where they live. "Virtual patient care and remote patient monitoring have become the go-forward norm." KORE CEO Romil BahlThe COVID-19 pandemic accelerated the pace of digital transformati
ATLANTA, Aug. 23, 2021 /PRNewswire/ -- KORE, a global leader in Internet of Things ("IoT") solutions and worldwide IoT Connectivity-as-a-Service ("IoT CaaS"), today reported financial and operational results for the second quarter ended June 30, 2021. This is the second consecutive quarter KORE has reported record revenue, as the company prepares to list on the New York Stock Exchange in the third quarter ending September 30, 2021, following the completion of its proposed business combination with Cerberus Telecom Acquisition Corp. (NYSE:CTAC, CTAC, CTAC WS))) ("CTAC"), the first special purpose acquisition company sponsored by an affiliate of Cerberus Capital Management, L.P. ("Cerberus").
ATLANTA, July 12, 2021 /PRNewswire/ -- KORE, a global leader in Internet of Things ("IoT") solutions and worldwide IoT Connectivity-as-a-Service ("IoT CaaS"), today reported financial and operational results for the first quarter ended March 31, 2021. Strong performance positions the company to exceed its FY 2021 expectations. The company will look to revise higher its 2021 forecast after announcing results for the quarter ended June 30, 2021 and completing the targeted NYSE listing process. "By outperforming first quarter expectations across the board, KORE is now set up to e
SC 13G/A - Cerberus Telecom Acquisition Corp. (0001824577) (Subject)
SC 13G - Cerberus Telecom Acquisition Corp. (0001824577) (Subject)
SC 13G/A - Cerberus Telecom Acquisition Corp. (0001824577) (Subject)
4 - Cerberus Telecom Acquisition Corp. (0001824577) (Issuer)
4 - Cerberus Telecom Acquisition Corp. (0001824577) (Issuer)
Northland Capital initiated coverage of Cerberus Telecom Acquisition Corp. with a rating of Outperform and set a new price target of $17.00
S-1/A - Cerberus Telecom Acquisition Corp. II (0001844513) (Filer)
15-12B - KING LLC MERGER SUB, LLC (0001824577) (Filer)
8-K - KING LLC MERGER SUB, LLC (0001824577) (Filer)