Lance Vitanza

Scott Searle

Jonathan Navarreta

Mary Lenox

- **KORE Group Holdings, Inc.** announced on **November 4, 2025**, the receipt of a **non-binding letter** from Searchlight Capital Partners, L.P. and Abry Partners, LLC.  **[1855457_20251104CL15826:0]** 
- The letter proposes to acquire all outstanding shares of common stock not already owned by Searchlight or Abry for a cash consideration of **$5.00 per share**.  **[1855457_20251104CL15826:0]** 
- A Special Committee of the Board of Directors has been formed to review, evaluate, and negotiate this potential strategic transaction, with Rothschild & Co acting as financial advisor.  **[1855457_20251104CL15826:0]** 
- The company gives **no assurances** that the Special Committee's assessment will result in any transaction.  **[1855457_20251104CL15826:0]**

KORE Group Holdings (KORE)