KORE issues supplemental proxy disclosures to address stockholder merger lawsuits; special meeting July 16

KORE Group Holdings, Inc.

Two complaints filed June 24, 2026 in NY Supreme Court alleging false/misleading proxy statement for merger with Searchlight affiliates.
Eleven demand letters received Apr 29–Jul 1, 2026; Section 220 demand received Jul 8, 2026; no litigation filed from those yet.
Supplemental disclosures detail Rothschild analysis: debt ~$301M, preferred equity ~$275M, cash ~$27M as of Dec 31, 2025.
Implied per-share equity ranges from selected precedent transactions and DCF analysis added to proxy statement.
Special stockholder meeting to vote on merger scheduled for July 16, 2026.

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