{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-23-274584","form_type":"8-K","ticker":"KORE","cik":"0001855457","company_name":"KORE Group Holdings, Inc.","filed_at":"2023-11-09T23:59:59+00:00","discovered_at":"2026-05-14T18:03:31.088672+00:00","generated_at":"2026-06-08T07:42:44.904857+00:00","sec_items":["1.01","1.02","2.02","2.03","3.02","3.03","9.01"],"event_type":"other_material","sentiment":"positive","materiality_score":0.9,"calibrated_materiality_score":0.9,"confidence":"high","headline":"KORE reports Q3 revenue growth, refinances with $185M term loan and $150M preferred investment from Searchlight","bullets":["Q3 revenue $68.6M, up from $66.1M YoY; IoT Connectivity revenue grew 27%, organic high single digits.","New $185M term loan from Whitehorse Capital at SOFR+650bps; first lien leverage reduced to 3.2x TTM EBITDA from 5.2x.","$150M preferred stock investment from Searchlight affiliate with 13% PIK dividend; total leverage reduced to 5.3x from 7.3x.","Issued 10-year penny warrants to purchase 11.8M shares of common stock to Searchlight."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-23-274584","json":"https://secwatch.observer/filing/0001193125-23-274584.json","markdown":"https://secwatch.observer/filing/0001193125-23-274584.md","text":"https://secwatch.observer/filing/0001193125-23-274584.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1855457/000119312523274584/0001193125-23-274584-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1855457/000119312523274584/d318950d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-08T07:42:44.904857+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"911a3071e024d3a7e399380ad3a23e630b723f44","claim":"KORE Group Holdings, Inc. reported the quarter ended September 30, 2023 results: revenue $68.6 million.","evidence_excerpt":"total revenue of $68.6 million versus $66.1 million in the third quarter of 2022","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1855457/000119312523274584/0001193125-23-274584-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the quarter ended September 30, 2023"},{"label":"Revenue","value":"$68.6 million"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"91466ddc875f73415c55cf4e36fecaaadfb6159d","claim":"KORE Group Holdings, Inc. entered into Investment Agreement with Searchlight IV KOR, L.P. valued at $150,000,000 (effective 2023-11-09).","evidence_excerpt":"On November 9, 2023, KORE Group Holdings, Inc., a Delaware corporation (“ KORE ”), entered into an Investment Agreement (the “ Investment Agreement ”) with Searchlight IV KOR, L.P., a Delaware limited partnership affiliated with Searchlight Capital Partners, L.P. (the “ Purchaser ”).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1855457/000119312523274584/0001193125-23-274584-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"equity purchase"},{"label":"Counterparty","value":"Searchlight IV KOR, L.P."},{"label":"Value","value":"$150,000,000"},{"label":"Effective","value":"2023-11-09"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}