{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-23-293047","form_type":"8-K","ticker":"KORE","cik":"0001855457","company_name":"KORE Group Holdings, Inc.","filed_at":"2023-12-12T23:59:59+00:00","discovered_at":"2026-05-14T18:03:31.089526+00:00","generated_at":"2026-06-07T14:22:47.917874+00:00","sec_items":["1.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"KORE repurchases 5M shares from Twilio at ~$0.57/share, aggregate $2.9M","bullets":["Repurchases 5,000,000 shares of common stock from Twilio Inc. at $0.5713 per share, total ~$2.9 million.","Shares were subject to transfer restrictions from a prior March 2023 purchase agreement; KORE waived those restrictions.","Repurchase to be funded via additional investment from Searchlight IV KOR, L.P. under an existing agreement.","Closing expected on or before December 13, 2023; reduces Twilio's stake from 10M to 5M shares held.","Price equals VWAP of common stock on NYSE for the 10 trading days ending December 8, 2023."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-23-293047","json":"https://secwatch.observer/filing/0001193125-23-293047.json","markdown":"https://secwatch.observer/filing/0001193125-23-293047.md","text":"https://secwatch.observer/filing/0001193125-23-293047.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1855457/000119312523293047/0001193125-23-293047-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1855457/000119312523293047/d650447d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-07T14:22:47.917874+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":"11145a15b271287fea3eb03ae0c72883c5648b18","claim":"KORE Group Holdings, Inc. entered into Stock Repurchase Agreement with Twilio Inc. valued at Aggregate purchase price of approximately $2.9 million for 5,000,000 shares of common stock at $0.57 (effective 2023-12-11).","evidence_excerpt":"On December 11, 2023, KORE Group Holdings, Inc., a Delaware corporation (“ KORE ” or the “ Company ”), entered into a stock repurchase agreement (the “ Stock Repurchase Agreement ”) with Twilio Inc., a Delaware corporation and a stockholder of the Company (the “ Selling Stockholder ”), pursuant to which the Company agreed to repurchase, directly from the Selling Stockholder, 5,000,000 shares of the Company’s common stock, par value $0.0001 per share (the “ Common Stock ”), for an aggregate purchase price of approximately $2.9 million (the “ Repurchase ”).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1855457/000119312523293047/0001193125-23-293047-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Counterparty","value":"Twilio Inc."},{"label":"Value","value":"Aggregate purchase price of approximately $2.9 million for 5,000,000 shares of common stock at $0.57"},{"label":"Effective","value":"2023-12-11"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}