secwatch.observer — SEC 8-K summary
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Issuer:     KORE Group Holdings, Inc. (KORE)
CIK:        0001855457
Form:       8-K
Filed at:   2024-06-21T23:59:59+00:00
Accession:  0001855457-24-000060
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

KORE Group Holdings approves 1-for-5 reverse stock split effective July 1, 2024
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- Ratio is 1-for-5; every five pre-split shares become one post-split share.
- Split effective at 12:01 a.m. ET on July 1, 2024; trading on NYSE under symbol KORE.
- Goal: raise per-share price to meet NYSE minimum listing requirement.
- No fractional shares; holders entitled to fractional shares receive rounded-up whole share.
- Stockholders approved the split at annual meeting on June 12, 2024.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1855457/000185545724000060/0001855457-24-000060-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1855457/000185545724000060/kore-20240621.htm
  HTML page:      https://secwatch.observer/filing/0001855457-24-000060

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer