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    SEC Form SC 13G/A filed by KORE Group Holdings Inc. (Amendment)

    2/9/24 4:30:07 PM ET
    $KORE
    Telecommunications Equipment
    Telecommunications
    Get the next $KORE alert in real time by email
    SC 13G/A 1 sc13ga3.htm SCHEDULE 13G, AMENDMENT NO. 3

    UNITED STATES
    SECURITIES AND EXCHANGE COMMISSION
    WASHINGTON, D.C. 20549
    SCHEDULE 13G
    UNDER THE SECURITIES EXCHANGE ACT OF 1934
    (Amendment No. 3)*

    KORE Group Holdings, Inc.
    (Name of Issuer)
    Common Stock
    (Title of Class of Securities)
    50066V107
    (CUSIP Number)
    December 31, 2023
    (Date of Event Which Requires Filing of this Statement)

    Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
    ☐
    Rule 13d-1(b)
    ☑
    Rule 13d-1(c)
    ☐
    Rule 13d-1(d)
    *
    The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosure provided in a prior cover page.
    The information required in the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of the section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).





    CUSIP No.
    50066V107
     


    1
    NAME OF REPORTING PERSON
     
    Drawbridge Special Opportunities Fund LP
    2
    CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
    (a)  ☐
    (b)  ☐
    3
    SEC USE ONLY
    4
    CITIZENSHIP OR PLACE OF ORGANIZATION
    Delaware
    NUMBER OF SHARES
    BENEFICIALLY
    OWNED BY
    EACH
    REPORTING
    PERSON
    WITH
    5
    SOLE VOTING POWER
    0
    6
    SHARED VOTING POWER
    3,475,040
    7
    SOLE DISPOSITIVE POWER
    0
    8
    SHARED DISPOSITIVE POWER
    3,475,040
    9
    AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
    3,475,040
    10
    CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
    ☐
    11
    PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
    4.0%1
    12
    TYPE OF REPORTING PERSON
    PN




    1
    The percentage of Common Stock (as defined below in Item 2(d)) is based on 82,380,381 shares outstanding as of December 13, 2023, as reported by the Issuer in its Current Report on Form 8-K filed with the Securities and Exchange Commission on December 13, 2023, plus 3,475,040 shares issuable upon the conversion of certain notes.



    2




    CUSIP No.
    50066V107
     


    1
    NAME OF REPORTING PERSON
     
    Drawbridge Special Opportunities GP LLC
    2
    CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
    (a)  ☐
    (b)  ☐
    3
    SEC USE ONLY
    4
    CITIZENSHIP OR PLACE OF ORGANIZATION
    Delaware
    NUMBER OF SHARES
    BENEFICIALLY
    OWNED BY
    EACH
    REPORTING
    PERSON
    WITH
    5
    SOLE VOTING POWER
    0
    6
    SHARED VOTING POWER
    3,475,0401
    7
    SOLE DISPOSITIVE POWER
    0
    8
    SHARED DISPOSITIVE POWER
    3,475,0401
    9
    AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
    3,475,040
    10
    CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
    ☐
    11
    PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
    4.0%2
    12
    TYPE OF REPORTING PERSON
    OO, HC




    1
    Solely in its capacity as the general partner of Drawbridge Special Opportunities Fund LP.
       
    2
    The percentage of Common Stock is based on 82,380,381 shares outstanding as of December 13, 2023, as reported by the Issuer in its Current Report on Form 8-K filed with the Securities and Exchange Commission on December 13, 2023, plus 3,475,040 shares issuable upon the conversion of certain notes.



    3




    CUSIP No.
    50066V107
     


    1
    NAME OF REPORTING PERSON
     
    Drawbridge Special Opportunities Advisors LLC
    2
    CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
    (a)  ☐
    (b)  ☐
    3
    SEC USE ONLY
    4
    CITIZENSHIP OR PLACE OF ORGANIZATION
    Delaware
    NUMBER OF SHARES
    BENEFICIALLY
    OWNED BY
    EACH
    REPORTING
    PERSON
    WITH
    5
    SOLE VOTING POWER
    0
    6
    SHARED VOTING POWER
    4,096,7201
    7
    SOLE DISPOSITIVE POWER
    0
    8
    SHARED DISPOSITIVE POWER
    4,096,7201
    9
    AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
    4,096,720
    10
    CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
    ☐
    11
    PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
    4.7%2
    12
    TYPE OF REPORTING PERSON
    OO, IA




    1
    Solely in its capacity as the investment adviser to certain investment funds, including Drawbridge Special Opportunities Fund LP, that hold notes convertible into Common Stock.
       
    2
    The percentage of Common Stock is based on 82,380,381 shares outstanding as of December 13, 2023, as reported by the Issuer in its Current Report on Form 8-K filed with the Securities and Exchange Commission on December 13, 2023, plus 4,096,720 shares issuable upon the conversion of certain notes.



    4




    CUSIP No.
    50066V107
     


    1
    NAME OF REPORTING PERSON
     
    Fortress Lending II Holdings L.P.
    2
    CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
    (a)  ☐
    (b)  ☐
    3
    SEC USE ONLY
    4
    CITIZENSHIP OR PLACE OF ORGANIZATION
    Cayman Islands
    NUMBER OF SHARES
    BENEFICIALLY
    OWNED BY
    EACH
    REPORTING
    PERSON
    WITH
    5
    SOLE VOTING POWER
    0
    6
    SHARED VOTING POWER
    4,576,000
    7
    SOLE DISPOSITIVE POWER
    0
    8
    SHARED DISPOSITIVE POWER
    4,576,000
    9
    AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
    4,576,000
    10
    CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
    ☐
    11
    PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
    5.3%1
    12
    TYPE OF REPORTING PERSON
    PN




    1
    The percentage of Common Stock is based on 82,380,381 shares outstanding as of December 13, 2023, as reported by the Issuer in its Current Report on Form 8-K filed with the Securities and Exchange Commission on December 13, 2023, plus 4,576,000 shares issuable upon the conversion of certain notes.



    5




    CUSIP No.
    50066V107
     


    1
    NAME OF REPORTING PERSON
     
    Fortress Lending Advisors II LLC
    2
    CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
    (a)  ☐
    (b)  ☐
    3
    SEC USE ONLY
    4
    CITIZENSHIP OR PLACE OF ORGANIZATION
    Delaware
    NUMBER OF SHARES
    BENEFICIALLY
    OWNED BY
    EACH
    REPORTING
    PERSON
    WITH
    5
    SOLE VOTING POWER
    0
    6
    SHARED VOTING POWER
    4,576,0001
    7
    SOLE DISPOSITIVE POWER
    0
    8
    SHARED DISPOSITIVE POWER
    4,576,0001
    9
    AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
    4,576,000
    10
    CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
    ☐
    11
    PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
    5.3%2
    12
    TYPE OF REPORTING PERSON
    OO, IA




    1
    Solely in its capacity as the investment adviser to Fortress Lending II Holdings L.P.
       
    2
    The percentage of Common Stock is based on 82,380,381 shares outstanding as of December 13, 2023, as reported by the Issuer in its Current Report on Form 8-K filed with the Securities and Exchange Commission on December 13, 2023, plus 4,576,000 shares issuable upon the conversion of certain notes.



    6




    CUSIP No.
    50066V107
     


    1
    NAME OF REPORTING PERSON
     
    FIG LLC
    2
    CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
    (a)  ☐
    (b)  ☐
    3
    SEC USE ONLY
    4
    CITIZENSHIP OR PLACE OF ORGANIZATION
    Delaware
    NUMBER OF SHARES
    BENEFICIALLY
    OWNED BY
    EACH
    REPORTING
    PERSON
    WITH
    5
    SOLE VOTING POWER
    0
    6
    SHARED VOTING POWER
    9,143,2061
    7
    SOLE DISPOSITIVE POWER
    0
    8
    SHARED DISPOSITIVE POWER
    9,143,2061
    9
    AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
    9,143,206
    10
    CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
    ☑
    11
    PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
    9.99%2
    12
    TYPE OF REPORTING PERSON
    OO, HC




    1
    Solely in its capacity as the holder of all membership interests in certain investment advisers, including Drawbridge Special Opportunities Advisors LLC and Fortress Lending Advisors II LLC, that may be deemed to beneficially own notes convertible into Common Stock.
       
    2
    The percentage of Common Stock is based on 82,380,381 shares outstanding as of December 13, 2023, as reported by the Issuer in its Current Report on Form 8-K filed with the Securities and Exchange Commission on December 13, 2023, plus  9,143,206 shares issuable upon the conversion of certain notes due to the Ownership Limitation (as defined below in Item 4).


    7




    CUSIP No.
    50066V107
     


    1
    NAME OF REPORTING PERSON
     
    Fortress Operating Entity I LP
    2
    CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
    (a)  ☐
    (b)  ☐
    3
    SEC USE ONLY
    4
    CITIZENSHIP OR PLACE OF ORGANIZATION
    Delaware
    NUMBER OF SHARES
    BENEFICIALLY
    OWNED BY
    EACH
    REPORTING
    PERSON
    WITH
    5
    SOLE VOTING POWER
    0
    6
    SHARED VOTING POWER
    9,143,2061
    7
    SOLE DISPOSITIVE POWER
    0
    8
    SHARED DISPOSITIVE POWER
    9,143,2061
    9
    AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
    9,143,206
    10
    CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
    ☑
    11
    PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
    9.99%2
    12
    TYPE OF REPORTING PERSON
    PN, HC




    1
    Solely in its capacity as the holder of all of the issued and outstanding membership interests of FIG LLC and as the indirect parent of the general partners of certain investment funds that hold notes convertible into Common Stock.
       
    2
    The percentage of Common Stock is based on 82,380,381 shares outstanding as of December 13, 2023, as reported by the Issuer in its Current Report on Form 8-K filed with the Securities and Exchange Commission on December 13, 2023, plus 9,143,206 shares issuable upon the conversion of certain notes due to the Ownership Limitation (as defined below in Item 4).


    8



    CUSIP No.
    50066V107
     


    1
    NAME OF REPORTING PERSON
     
    FIG Corp.
    2
    CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
    (a)  ☐
    (b)  ☐
    3
    SEC USE ONLY
    4
    CITIZENSHIP OR PLACE OF ORGANIZATION
    Delaware
    NUMBER OF SHARES
    BENEFICIALLY
    OWNED BY
    EACH
    REPORTING
    PERSON
    WITH
    5
    SOLE VOTING POWER
    0
    6
    SHARED VOTING POWER
    9,143,2061
    7
    SOLE DISPOSITIVE POWER
    0
    8
    SHARED DISPOSITIVE POWER
    9,143,2061
    9
    AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
    9,143,206
    10
    CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
    ☑
    11
    PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
    9.99%2
    12
    TYPE OF REPORTING PERSON
    CO, HC




    1
    Solely in its capacity as the general partner of Fortress Operating Entity I LP.
       
    2
    The percentage of Common Stock is based on 82,380,381 shares outstanding as of December 13, 2023, as reported by the Issuer in its Current Report on Form 8-K filed with the Securities and Exchange Commission on December 13, 2023, plus 9,143,206 shares issuable upon the conversion of certain notes due to the Ownership Limitation (as defined below in Item 4).




    9



    CUSIP No.
    50066V107
     


    1
    NAME OF REPORTING PERSON
     
    Fortress Investment Group LLC
    2
    CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
    (a)  ☐
    (b)  ☐
    3
    SEC USE ONLY
    4
    CITIZENSHIP OR PLACE OF ORGANIZATION
    Delaware
    NUMBER OF SHARES
    BENEFICIALLY
    OWNED BY
    EACH
    REPORTING
    PERSON
    WITH
    5
    SOLE VOTING POWER
    0
    6
    SHARED VOTING POWER
    9,143,2061
    7
    SOLE DISPOSITIVE POWER
    0
    8
    SHARED DISPOSITIVE POWER
    9,143,2061
    9
    AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
    9,143,206
    10
    CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
    ☑
    11
    PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
    9.99%2
    12
    TYPE OF REPORTING PERSON
    OO, HC




    1
    Solely in its capacity as the holder of all issued and outstanding shares of FIG Corp.
       
    2
    The percentage of Common Stock is based on 82,380,381 shares outstanding as of December 13, 2023, as reported by the Issuer in its Current Report on Form 8-K filed with the Securities and Exchange Commission on December 13, 2023, plus 9,143,206 shares issuable upon the conversion of certain notes due to the Ownership Limitation (as defined below in Item 4).




    10



    Item 1(a)
    Name of Issuer
    The name of the issuer is KORE Group Holdings, Inc. (the “Issuer”).
    Item 1(b)
    Address of Issuer’s Principal Executive Offices
    The Issuer’s principal executive offices are located at: 3 Ravinia Drive NE, Suite 500, Atlanta, GA, 30346.
    Item 2(a)
    Name of Person Filing
    This statement is filed by (collectively, the “Reporting Persons”):
    (i)
    Drawbridge Special Opportunities Fund LP, a Delaware limited partnership, which directly holds notes convertible into Common Stock (as defined below);
    (ii)
    Drawbridge Special Opportunities GP LLC, a Delaware limited liability company, which is the general partner of Drawbridge Special Opportunities Fund LP and may therefore be deemed to beneficially own the Common Stock beneficially owned thereby;
    (iii)
    Drawbridge Special Opportunities Advisors LLC, a Delaware limited liability company, which is the investment adviser to certain investment funds (including Drawbridge Special Opportunities Fund LP) that hold notes convertible into Common Stock and may therefore be deemed to beneficially own the Common Stock beneficially owned thereby;
    (iv)
    Fortress Lending II Holdings L.P., a Cayman Islands exempted limited partnership, which directly holds notes convertible into Common Stock;
    (v)
    Fortress Lending Advisors II LLC, a Delaware limited liability company, which is the investment adviser to Fortress Lending II Holdings L.P. and may therefore be deemed to beneficial own the Common Stock beneficially owned thereby;
    (vi)
    FIG LLC, a Delaware limited liability company, which is the holder of all membership interests in investment advisers (including Drawbridge Special Opportunities Advisors LLC and Fortress Lending Advisors II LLC) to certain investment funds that hold notes convertible into Common Stock and may therefore be deemed to beneficially own the Common Stock beneficially owned thereby;
    (vii)
    Fortress Operating Entity I LP, a Delaware limited partnership, which is (i) the holder of all of the issued and outstanding membership interests of FIG LLC and (ii) the indirect parent of the general partners (including Drawbridge Special Opportunities GP LLC) of certain investment funds that hold notes convertible into Common Stock and may therefore be deemed to beneficially own the Common Stock beneficially owned thereby;
    (viii)
    FIG Corp., a Delaware corporation, which is the general partner of Fortress Operating Entity I LP and may therefore be deemed to beneficially own the Common Stock beneficially owned thereby; and
    (ix)
    Fortress Investment Group LLC, a Delaware limited liability company, which is the holder of all of the issued and outstanding shares of FIG Corp. and may therefore be deemed to beneficially own the Common Stock beneficially owned thereby.

    11



    The Joint Filing Agreement among the Reporting Persons to file this Amendment No. 3 to Schedule 13G jointly in accordance with Rule 13d-1(k) of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), was filed as Exhibit A to Schedule 13G filed by the Reporting Persons on November 8, 2021, and is incorporated herein by reference.
    Item 2(b)
    Address of Principal Business Office or, if None, Residence
    The address of the principal business office of each Reporting Person is: c/o Fortress Investment Group LLC, 1345 Avenue of the Americas, 46th Floor, New York, NY 10105.
    Item 2(c)
    Citizenship
    See Item 4 of each of the cover pages.
    Item 2(d)
    Title of Class of Securities
    Common Stock, par value $0.0001 per share (“Common Stock”).
    Item 2(e)
    CUSIP No.
    50066V107
    Item 3.
    If This Statement is Filed Pursuant to §§240.13d-1(b) or 240.13d-2(b) or (c), Check Whether the Person Filing is a:
    (a)
    ☐  Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o).
    (b)
    ☐  Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c).
    (c)
    ☐  Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c).
    (d)
    ☐  Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8).
    (e)
    ☐  An investment adviser in accordance with §240.13d-1(b)(1)(ii)(E).
    (f)
    ☐  An employee benefit plan or endowment fund in accordance with §240.13d-1(b)(1)(ii)(F).
    (g)
    ☐  A parent holding company or control person in accordance with §240.13d-1(b)(1)(ii)(G).
    (h)
    ☐  A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813).
    (i)
    ☐  A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3).
    (j)
    ☐  Group, in accordance with §240.13d-1(b)(1)(ii)(J).

    12



    Item 4.
    Ownership
    (a)
    Amount Beneficially Owned:  See Item 9 of each of the cover pages.
    Due to the Ownership Limitation (as defined below), collectively, the Reporting Persons may be deemed to beneficially own 9,143,206 shares of Common Stock, consisting of notes convertible into 9,143,206 shares.

    The number of shares of Common Stock into which certain notes of the Issuer are convertible is limited pursuant to the terms of such notes to that number of shares of Common Stock that would result in the Reporting Persons and their affiliates having aggregate beneficial ownership of more than 9.99% of the total issued and outstanding shares of Common Stock (the “Ownership Limitation”).  In accordance with Rule 13d-4 under the Exchange Act, the Reporting Persons disclaim beneficial ownership of any and all shares of Common Stock issuable upon any conversion of the notes of the Issuer to the extent that such conversion would cause the Reporting Persons’ aggregate beneficial ownership to exceed or remain above the Ownership Limitation.  Due to the Ownership Limitation, as of the date of this filing, the Reporting Persons disclaim beneficial ownership with respect to the remaining 456,794 shares of Common Stock into which such notes would otherwise be convertible.
    (b)
    Percent of Class:  See Item 11 of each of the cover pages.
    (c)
    Number of Shares as to which such person has:
    (i)
    Sole power to vote or direct the vote:  See Item 5 of each of the cover pages.
    (ii)
    Shared power to vote or direct the vote:  See Item 6 of each of the cover pages.
    (iii)
    Sole power to dispose or direct the disposition:  See Item 7 of each of the cover pages.
    (iv)
    Shared power to dispose or direct the disposition:  See Item 8 of each of the cover pages.
    Item 5.
    Ownership of Five Percent or Less of a Class
    Drawbridge Special Opportunities Fund LP, Drawbridge Special Opportunities GP LLC and Drawbridge Special Opportunities Advisors LLC ceased to be the beneficial owners of more than five percent of the total issued and outstanding shares of Common Stock.
    Item 6.
    Ownership of More Than Five Percent on Behalf of Another Person
    Not applicable.
    Item 7.
    Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company
    Not applicable.
    Item 8.
    Identification and Classification of Members of the Group
    Not applicable.
    Item 9.
    Notice of Dissolution of Group
    Not applicable.

    13



    Item 10.
    Certification
    By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.

    14



    SIGNATURES
    After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

    Dated:  February 9, 2024

     
    DRAWBRIDGE SPECIAL OPPORTUNITIES FUND LP
       
     
    By:
    DRAWBRIDGE SPECIAL OPPORTUNITIES GP LLC, its general partner
         
     
    By:
    /s/ David Brooks
       
    Name:  David Brooks
       
    Title:  Secretary
       
       
     
    DRAWBRIDGE SPECIAL OPPORTUNITIES GP LLC
       
     
    By:
    /s/ David Brooks
       
    Name:  David Brooks
       
    Title:  Secretary
       
       
     
    DRAWBRIDGE SPECIAL OPPORTUNITIES ADVISORS LLC
       
     
    By:
    /s/ David Brooks
       
    Name:  David Brooks
       
    Title:  Secretary
       
       
     
    FORTRESS LENDING II HOLDINGS L.P.
       
     
    By:
    FORTRESS LENDING ADVISORS II LLC, its investment adviser
         
     
    By:
    /s/ David Brooks
       
    Name:  David Brooks
       
    Title:  Secretary
       
       
     
    FORTRESS LENDING ADVISORS II LLC
       
     
    By:
    /s/ David Brooks
       
    Name:  David Brooks
       
    Title:  Secretary







     
    FIG LLC
       
     
    By:
    /s/ David Brooks
       
    Name:  David Brooks
       
    Title:  Secretary
       
       
     
    FORTRESS OPERATING ENTITY I LP
       
     
    By:
    FIG CORP., its general partner
       
     
    By:
    /s/ David Brooks
       
    Name:  David Brooks
       
    Title:  Secretary
       
       
     
    FIG CORP.
       
     
    By:
    /s/ David Brooks
       
    Name:  David Brooks
       
    Title:  Secretary
       
       
     
    FORTRESS INVESTMENT GROUP LLC
       
     
    By:
    /s/ David Brooks
       
    Name:  David Brooks
       
    Title:  Secretary


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      ATLANTA, Jan. 31, 2025 /PRNewswire/ -- KORE Group Holdings, Inc. (NYSE:KORE) ("KORE" or the "Company"), a global leader in IoT solutions and pioneering IoT hyperscaler, and provider of IoT Connectivity, Solutions and Analytics, today has named Jared Deith as Executive Vice President and Chief Revenue Officer (CRO). Deith, an established entrepreneur, brings a strong track record of building high-performing teams and driving transformative growth in the IoT market. Deith's appointment comes as part of an organizational redesign following the departure of KORE's prior Executive

      1/31/25 8:00:00 AM ET
      $KORE
      Telecommunications Equipment
      Telecommunications
    • KORE Announces Appointment of Bruce Gordon as Executive Vice President and Chief Operating Officer

      ATLANTA, July 8, 2024 /PRNewswire/ -- KORE Group Holdings, Inc. (NYSE:KORE) ("KORE," the "Company," "we" or "our), a global leader in Internet of Things ("IoT") Solutions and pioneering IoT hyperscaler, announced that Bruce Gordon has joined as Executive Vice President and Chief Operating Officer (COO), effective July 2, 2024. Gordon brings over three decades of technology sector experience, having held multiple significant leadership roles. Most recently, he served as Chief Executive Officer and Executive Chairman of GeoDigital, a provider of 3D services and geospatial intell

      7/8/24 8:00:00 AM ET
      $KORE
      Telecommunications Equipment
      Telecommunications
    • KORE Announces President and CEO Transition

      Romil Bahl to step down and Ronald Totton named as Interim President and CEO ATLANTA, April 29, 2024 /PRNewswire/ -- KORE Group Holdings, Inc. (NYSE:KORE) ("KORE," the "Company," "we" or "our"), a global leader in Internet of Things ("IoT") Solutions and pioneering IoT hyperscaler, and provider of IoT Connectivity, Solutions and Analytics, announced today that Romil Bahl will be stepping down as President and Chief Executive Officer and that the Company's Board of Directors (the "Board") has named Ronald Totton as the Company's Interim President and Chief Executive Officer, effective May 3, 2024.

      4/29/24 10:00:00 AM ET
      $KORE
      Telecommunications Equipment
      Telecommunications

    $KORE
    Insider Trading

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    • President & CEO Totton Ronald converted options into 50,000 shares and covered exercise/tax liability with 15,050 shares (SEC Form 4)

      4 - KORE Group Holdings, Inc. (0001855457) (Issuer)

      5/1/25 4:30:05 PM ET
      $KORE
      Telecommunications Equipment
      Telecommunications
    • EVP, Chief Legal Officer & Sec Kennedy Jack William Jr. converted options into 2,255 shares and covered exercise/tax liability with 657 shares, increasing direct ownership by 7% to 26,040 units (SEC Form 4)

      4 - KORE Group Holdings, Inc. (0001855457) (Issuer)

      4/2/25 4:54:32 PM ET
      $KORE
      Telecommunications Equipment
      Telecommunications
    • Exec. Vice Pres., CFO & Treas. Holtz Paul was granted 3,223 shares and covered exercise/tax liability with 1,723 shares, increasing direct ownership by 7% to 23,046 units (SEC Form 4)

      4 - KORE Group Holdings, Inc. (0001855457) (Issuer)

      4/2/25 4:54:06 PM ET
      $KORE
      Telecommunications Equipment
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    $KORE
    Insider Purchases

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    $KORE
    Large Ownership Changes

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    • Bahl Romil bought $7,708 worth of shares (12,514 units at $0.62), increasing direct ownership by 2% to 734,279 units (SEC Form 4)

      4 - KORE Group Holdings, Inc. (0001855457) (Issuer)

      11/24/23 4:30:28 PM ET
      $KORE
      Telecommunications Equipment
      Telecommunications
    • Bahl Romil bought $4,500 worth of shares (10,000 units at $0.45), increasing direct ownership by 1% to 721,765 units (SEC Form 4)

      4 - KORE Group Holdings, Inc. (0001855457) (Issuer)

      11/20/23 4:34:24 PM ET
      $KORE
      Telecommunications Equipment
      Telecommunications
    • Amendment: SEC Form SC 13G/A filed by KORE Group Holdings Inc.

      SC 13G/A - KORE Group Holdings, Inc. (0001855457) (Subject)

      11/14/24 5:41:23 PM ET
      $KORE
      Telecommunications Equipment
      Telecommunications
    • Amendment: SEC Form SC 13G/A filed by KORE Group Holdings Inc.

      SC 13G/A - KORE Group Holdings, Inc. (0001855457) (Subject)

      8/9/24 6:06:27 PM ET
      $KORE
      Telecommunications Equipment
      Telecommunications
    • SEC Form SC 13G filed by KORE Group Holdings Inc.

      SC 13G - KORE Group Holdings, Inc. (0001855457) (Subject)

      5/24/24 4:30:13 PM ET
      $KORE
      Telecommunications Equipment
      Telecommunications

    $KORE
    Press Releases

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    • KORE, Robo, Ericsson, and Winnebago Redefine the Open Road with Winnebago Connect™

      A Seamless, Smarter RV Experience Powered by IoT Innovation  ATLANTA, May 12, 2025 /PRNewswire/ -- KORE, a global leader in Internet of Things ("IoT") Solutions and IoT Connectivity provider, has collaborated with Winnebago and Robo to unveil Winnebago Connect™, a groundbreaking platform that transforms the recreational vehicle (RV) experience through advanced connectivity, intelligent automation and intuitive design. Powered by KORE, Robo, and Ericsson Enterprise Wireless Solutions, Winnebago Connect integrates cutting-edge technologies to deliver a seamless intelligent RV pl

      5/12/25 1:53:00 PM ET
      $KORE
      Telecommunications Equipment
      Telecommunications
    • KORE to Report First Quarter 2025 Results on May 15, 2025

      ATLANTA, May 5, 2025 /PRNewswire/ -- KORE Group Holdings, Inc. (NYSE:KORE) ("KORE" or the "Company"), the global pure-play Internet of Things ("IoT") hyperscaler, and provider of IoT Connectivity, Solutions and Analytics announced that on May 15, 2025, following the U.S. market closing it will release its financial results for the first quarter of 2025. KORE will host a live webcast, followed by a question-and-answer period the same day at 5:00 p.m. Eastern time (2:00 p.m. Pacific time) to discuss the financial results. Date: May 15, 2025Time: 5:00 p.m. Eastern time (2:00 p.m.

      5/5/25 4:17:00 PM ET
      $KORE
      Telecommunications Equipment
      Telecommunications
    • KORE Reports Fourth Quarter and Full Year 2024 Results

      Delivering Growth in Connections, IoT Connectivity Revenue, Cash from Operations and Free Cash Flow  ATLANTA, April 30, 2025 /PRNewswire/ -- KORE Group Holdings, Inc. (NYSE:KORE) ("KORE" or the "Company"), the global pure-play Internet of Things ("IoT") hyperscaler and provider of IoT Connectivity, Solutions, and Analytics, today reported financial and operational results for the quarter and full year ended December 31, 2024. 2024 Company Highlights Revenue was $286.1 million. IoT Connectivity revenue increased by $24.5 million, or 12% year over yearTotal Number of Connections

      4/30/25 4:05:00 PM ET
      $KORE
      Telecommunications Equipment
      Telecommunications

    $KORE
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    $KORE
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    • KORE to Report First Quarter 2025 Results on May 15, 2025

      ATLANTA, May 5, 2025 /PRNewswire/ -- KORE Group Holdings, Inc. (NYSE:KORE) ("KORE" or the "Company"), the global pure-play Internet of Things ("IoT") hyperscaler, and provider of IoT Connectivity, Solutions and Analytics announced that on May 15, 2025, following the U.S. market closing it will release its financial results for the first quarter of 2025. KORE will host a live webcast, followed by a question-and-answer period the same day at 5:00 p.m. Eastern time (2:00 p.m. Pacific time) to discuss the financial results. Date: May 15, 2025Time: 5:00 p.m. Eastern time (2:00 p.m.

      5/5/25 4:17:00 PM ET
      $KORE
      Telecommunications Equipment
      Telecommunications
    • KORE Reports Fourth Quarter and Full Year 2024 Results

      Delivering Growth in Connections, IoT Connectivity Revenue, Cash from Operations and Free Cash Flow  ATLANTA, April 30, 2025 /PRNewswire/ -- KORE Group Holdings, Inc. (NYSE:KORE) ("KORE" or the "Company"), the global pure-play Internet of Things ("IoT") hyperscaler and provider of IoT Connectivity, Solutions, and Analytics, today reported financial and operational results for the quarter and full year ended December 31, 2024. 2024 Company Highlights Revenue was $286.1 million. IoT Connectivity revenue increased by $24.5 million, or 12% year over yearTotal Number of Connections

      4/30/25 4:05:00 PM ET
      $KORE
      Telecommunications Equipment
      Telecommunications
    • KORE Reschedules Earnings Release and Conference Call

      ATLANTA, April 15, 2025 /PRNewswire/ -- KORE Group Holdings, Inc. (NYSE:KORE) ("KORE" or the "Company")), a global leader in Internet of Things ("IoT") solutions and pioneering IoT hyperscaler, today announced that it has postponed the release of its financial results and conference call related to the fourth quarter and full year ended December 31, 2024, which had previously been scheduled for April 15, 2025. KORE currently expects to issue its fourth quarter and full year 2024 financial results after market close on April 30, 2025. The Company also currently expects to file its Annual Report on Form 10-K for the year ended December 31, 2024 (the "10-K") on April 30, 2025.

      4/15/25 8:00:00 AM ET
      $KORE
      Telecommunications Equipment
      Telecommunications
    • SEC Form SCHEDULE 13G filed by KORE Group Holdings Inc.

      SCHEDULE 13G - KORE Group Holdings, Inc. (0001855457) (Subject)

      5/9/25 12:30:07 PM ET
      $KORE
      Telecommunications Equipment
      Telecommunications
    • SEC Form 8-K filed by KORE Group Holdings Inc.

      8-K - KORE Group Holdings, Inc. (0001855457) (Filer)

      5/6/25 7:35:22 AM ET
      $KORE
      Telecommunications Equipment
      Telecommunications
    • SEC Form S-8 filed by KORE Group Holdings Inc.

      S-8 - KORE Group Holdings, Inc. (0001855457) (Filer)

      5/5/25 12:59:55 PM ET
      $KORE
      Telecommunications Equipment
      Telecommunications
    • KORE Group downgraded by TD Cowen with a new price target

      TD Cowen downgraded KORE Group from Buy to Hold and set a new price target of $2.00

      8/23/24 7:22:20 AM ET
      $KORE
      Telecommunications Equipment
      Telecommunications
    • Cowen & Co. reiterated coverage on Kore Group Holdings with a new price target

      Cowen & Co. reiterated coverage of Kore Group Holdings with a rating of Outperform and set a new price target of $12.50 from $18.00 previously

      3/10/22 11:10:02 AM ET
      $KORE
      Telecommunications Equipment
      Telecommunications
    • ROTH Capital initiated coverage on KORE Group with a new price target

      ROTH Capital initiated coverage of KORE Group with a rating of Buy and set a new price target of $13.00

      1/20/22 8:53:37 AM ET
      $KORE
      Telecommunications Equipment
      Telecommunications