secwatch.observer — SEC 8-K summary
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Issuer:     KORE Group Holdings, Inc. (KORE)
CIK:        0001855457
Form:       8-K
Filed at:   2024-06-28T23:59:59+00:00
Accession:  0001855457-24-000062
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 3.03, 5.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

KORE Group Holdings announces 1-for-5 reverse stock split effective July 1, 2024
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- Board approved 1-for-5 reverse split on June 20, 2024; effective July 1, 2024 at 12:01 a.m. ET.
- Stockholders had authorized a ratio range of 1-for-4 to 1-for-10 at June 12 annual meeting.
- No fractional shares issued; fractional entitlements are rounded up to next whole share.
- Proportional adjustments made to outstanding equity awards and shares under 2021 incentive plan.
- Trading symbol remains KORE; new CUSIP 50066V305; NYSE trading on split-adjusted basis starts July 1.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1855457/000185545724000062/0001855457-24-000062-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1855457/000185545724000062/kore-20240627.htm
  HTML page:      https://secwatch.observer/filing/0001855457-24-000062

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