Paul Holtz
on May 28, 2025, the Company informed Paul Holtz, the Company’s former Executive Vice President, Chief Financial Officer & Treasurer, that he would depart from such role and as an executive officer of the Company effective May 30, 2025.
Highest-materiality recent filing
KORE Q1 2026 revenue $65.8M; net loss $28.5M; adjusted EBITDA $15.4M; FCF positive $2.7M
Revenue $65.8M (-9% YoY); IoT Connectivity up $2.3M to $56.2M, IoT Solutions down $8.6M.
KORE Q4 revenue flat at $73.9M; net loss improved 27%; full year Adj. EBITDA up 19%
Q4 revenue $73.9M (flat YoY); net loss improved 27% to $18.5M; Adj. EBITDA $17.7M (+26% YoY).
KORE Group obtains rollover agreements from three stockholders supporting $9.25/share merger
Dotmar Investments, Richard Burston, and Terrdian Holdings enter rollover agreements to contribute shares to Parent.
KORE regains NYSE listing compliance on minimum market cap and equity standards
Received NYSE notification on March 12, 2026 that it cured the quantitative continued listing deficiency.
KORE Group to be acquired by Searchlight affiliate for $9.25 per share
Merger consideration: $9.25 per share in cash to common stockholders; Series A-1 preferred (liquidation preference ~$275M) remains outstanding.
KORE board forms special committee for strategic transaction; approves $3.2M retention awards
Special Committee approved retention awards totaling ~$3.2M for key employees including named executive officers.
Revenue $68.7M flat YoY; Net loss -$12.7M (improved 35% from -$19.4M); Adj EBITDA $14.5M (+12% YoY).
KORE receives non-binding $5.00/share acquisition offer from Searchlight and Abry
Searchlight and Abry propose to acquire all outstanding KORE shares not already owned for $5.00 cash per share.
KORE Q2 revenue $71.3M (+5% YoY), Adj EBITDA $16.7M (+46%), net loss improves 80%
Revenue of $71.3M, up 5% from $67.9M in Q2 2024; IoT Solutions revenue grew 26% to $15.2M.
KORE appoints Anthony Bellomo as CFO; Paul Holtz departs as CFO effective May 30, 2025
Paul Holtz departed as EVP, CFO & Treasurer effective May 30, 2025; will remain advisor through June 30.
KORE posts Q1 2025 revenue down 5% YoY, FCF positive; guides FY2025 EBITDA up ~19%
Q1 revenue $72.1M (-5.1% YoY); connectivity $53.9M (-6.9%), solutions $18.2M (+0.7%).
on May 28, 2025, the Company informed Paul Holtz, the Company’s former Executive Vice President, Chief Financial Officer & Treasurer, that he would depart from such role and as an executive officer of the Company effective May 30, 2025.
Effective June 2, 2025, KORE Group Holdings, Inc. (the “Company”) appointed Anthony Bellomo as Executive Vice President, Chief Financial Officer & Treasurer of the Company.
Max materiality 0.90 · Median 0.65 · Most common event earnings