Cerberus Telecom Acquisition Corp. does not have significant operations. It intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities in information and communications technology industry in the United States and other developed countries. The company was formerly known as Orthrus Acquisition Corp. and changed its name to Cerberus Telecom Acquisition Corp. in September 2020. Cerberus Telecom Acquisition Corp. was incorporated in 2020 and is headquartered in New York, New York.
IPO Year: 2020
Exchange: NYSE
Website: cerberusacquisition.com
Date | Price Target | Rating | Analyst |
---|---|---|---|
8/16/2021 | $17.00 | Outperform | Northland Capital |
Northland Capital initiated coverage of Cerberus Telecom Acquisition Corp. with a rating of Outperform and set a new price target of $17.00
4 - Cerberus Telecom Acquisition Corp. (0001824577) (Issuer)
4 - Cerberus Telecom Acquisition Corp. (0001824577) (Issuer)
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)
SC 13G - Cerberus Telecom Acquisition Corp. (0001824577) (Subject)
SC 13G - Cerberus Telecom Acquisition Corp. (0001824577) (Subject)
SC 13G - Cerberus Telecom Acquisition Corp. (0001824577) (Subject)
SC 13G - Cerberus Telecom Acquisition Corp. (0001824577) (Subject)
SC 13G/A - Cerberus Telecom Acquisition Corp. (0001824577) (Subject)
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)
425 - KING LLC MERGER SUB, LLC (0001824577) (Subject)
25-NSE - Cerberus Telecom Acquisition Corp. (0001824577) (Subject)
25-NSE - Cerberus Telecom Acquisition Corp. (0001824577) (Subject)
25-NSE - Cerberus Telecom Acquisition Corp. (0001824577) (Subject)
425 - Cerberus Telecom Acquisition Corp. (0001824577) (Subject)
8-K - Cerberus Telecom Acquisition Corp. (0001824577) (Filer)
425 - Cerberus Telecom Acquisition Corp. (0001824577) (Subject)
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
NEW YORK, Sept. 16, 2021 /PRNewswire/ -- Cerberus Telecom Acquisition Corp. (NYSE: CTAC.U) (NYSE: CTAC) (NYSE: CTAC WS) ("CTAC") today announced that the Extraordinary Special Meeting ("Special Meeting") of its shareholders, originally scheduled for Thursday, September 16, 2021, is being postponed to 10:00 a.m., Wednesday, September 22, 2021. As of 5:00 p.m. Tuesday, September 14, 2021, 90.39% of CTAC's public shareholders had tendered their shares for redemption. The Company plans to continue to solicit proxies from public shareholders during the period prior to the Special Meeting. Only the holders of record of CTAC's ordinary shares as of the close of business on August 9, 2021, the recor
ATLANTA and LONDON, Sept. 7, 2021 /PRNewswire/ -- KORE, a global leader in Internet of Things (IoT) solutions and worldwide IoT Connectivity-as-a-Service (IoT CaaS), today announced that Car Charged UK, an award-winning Electric Vehicle (EV) charging station company with access to 65,000 charging points, has selected KORE as its IoT partner-of-choice. "IoT is playing a critical role in building the infrastructure that can speed up more electrical vehicles on the road."According to new research from Berg Insight, "the total number of dedicated charging points in Europe is fore
ATLANTA, Aug. 30, 2021 /PRNewswire/ -- KORE, a global leader in Internet of Things (IoT) solutions and worldwide IoT Connectivity-as-a-Service (IoT CaaS), today announced that it is expanding its international partnership with Everynet, the world's largest network operator for national LoRaWAN® networks, into the U.S. at a time when the need to capture and transport small packets of data is growing and use cases for Massive IoT are accelerating. LoRaWAN is a well-suited connectivity technology for water metering, which is a Massive IoT use case.According to Transforma Insight
ATLANTA, Aug. 25, 2021 /PRNewswire/ -- KORE, a global leader in Internet of Things ("IoT") solutions and worldwide IoT Connectivity-as-a-Service ("IoT CaaS"), will host a virtual investor day on Wednesday, September 8, 2021 at 11 a.m. Eastern time. All are invited to listen to the event by registering here. A replay of the investor day will also be available on the KORE Investors website. Additionally, members of the KORE leadership team will participate in two investor conferences during September 2021. 10th Annual Gateway ConferenceConference Dates: Sept. 8-9Presentation: We
Executives from a Range of Industries to Present to 500+ Investors and AnalystsNEWPORT BEACH, CA / ACCESSWIRE / August 24, 2021 / The Gateway Conference is back for its 10th year and will showcase leading public and private companies virtually on September 8th and 9th.Attendees will have the opportunity to discover and learn about a select group of compelling companies across a wide range of industries, including consumer & wellness, financials, internet & business services, industrials, technology & electric vehicles, and SPACs.The invitation-only conference provides investors and analysts a unique opportunity to gain valuable insights during two days of presentations and one-on-one meeting
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 and NEW YORK, Aug. 12, 2021 /PRNewswire/ -- Cerberus Telecom Acquisition Corp. (NYSE:CTAC, CTAC, CTAC WS))) ("CTAC") and KORE, a global leader in Internet of Things ("IoT") solutions and worldwide IoT Connectivity-as-a-Service ("IoT CaaS"), announced today that CTAC has filed with the SEC a definitive proxy statement/prospectus in connection with its proposed business combination with KORE. CTAC is the first special purpose acquisition company sponsored by an affiliate of Cerberus Capital Management, L.P. ("Cerberus"). "Today's announcement marks a significant mileston