KORE Group Holdings Announces Board and Executive Changes
Ticker: KORGW · Form: 8-K · Filed: Jan 28, 2025 · CIK: 1855457
| Field | Detail |
|---|---|
| Company | Kore Group Holdings, INC. (KORGW) |
| Form Type | 8-K |
| Filed Date | Jan 28, 2025 |
| Risk Level | medium |
| Pages | 2 |
| Reading Time | 3 min |
| Key Dollar Amounts | $0.0001 |
| Sentiment | neutral |
Sentiment: neutral
Topics: management-change, board-of-directors, compensation
TL;DR
KORE Group Holdings is shuffling its board and exec pay. Big changes coming?
AI Summary
KORE Group Holdings, Inc. announced on January 23, 2025, changes in its board of directors and executive compensation arrangements. The filing details the departure of certain officers and directors, the election of new directors, and updates to compensatory plans.
Why It Matters
Changes in board composition and executive compensation can signal shifts in company strategy, governance, or financial outlook, impacting investor confidence.
Risk Assessment
Risk Level: medium — Board and executive changes can indicate internal shifts that may affect future performance or strategy.
Key Players & Entities
- KORE Group Holdings, Inc. (company) — Registrant
- January 23, 2025 (date) — Date of earliest event reported
- 3 Ravinia Drive NE, Suite 500 Atlanta, GA 30346 (address) — Registrant's principal executive offices
FAQ
Who are the departing directors or officers?
The filing indicates the departure of certain officers and directors, but specific names are not detailed in the provided text.
Who are the newly elected directors?
The filing mentions the election of new directors, but their identities are not specified in the provided text.
What specific compensatory arrangements were updated?
The filing notes updates to compensatory arrangements of certain officers, but the details of these arrangements are not provided in the excerpt.
What is the exact date of the reported event?
The date of the earliest event reported is January 23, 2025.
What is KORE Group Holdings, Inc.'s principal business address?
KORE Group Holdings, Inc.'s principal executive offices are located at 3 Ravinia Drive NE, Suite 500, Atlanta, GA 30346.
Filing Stats: 736 words · 3 min read · ~2 pages · Grade level 11.4 · Accepted 2025-01-28 07:26:33
Key Financial Figures
- $0.0001 — ge on which registered Common stock, $0.0001 par value per share KORE New York Stock
Filing Documents
- kore-20250123.htm (8-K) — 27KB
- 0001855457-25-000002.txt ( ) — 155KB
- kore-20250123.xsd (EX-101.SCH) — 2KB
- kore-20250123_lab.xml (EX-101.LAB) — 23KB
- kore-20250123_pre.xml (EX-101.PRE) — 13KB
- kore-20250123_htm.xml (XML) — 3KB
01. Financial Statements and Exhibits
Item 9.01. Financial Statements and Exhibits. (d) Exhibits Exhibit No. Description 104 Cover Page Interactive Data File (embedded within the Inline XBRL document) SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. KORE Group Holdings, Inc. Date: January 28, 2025 By: /s/ Jack W. Kennedy Jr. Name: Jack W. Kennedy Jr. Title: Executive Vice President, Chief Legal Officer, and Secretary