KORE Group Holdings, Inc. - Schedule 13D Filing
This Schedule 13D filing concerns KORE Group Holdings, Inc. and details significant ownership changes and agreements related to a proposed acquisition. The reporting persons, including ABRY Partners VII, L.P. and its affiliates, along with individuals like Jay Grossman, collectively hold a substantial portion of the company's common stock. This filing is in connection with the proposed acquisition of KORE Group Holdings, Inc. by KONA Parent, L.P. through a merger agreement. Key agreements include a Joint Bidding and Cost Sharing Agreement between Searchlight Capital Partners, L.P. and ABRY Partners VII, L.P., and Voting, Support and Rollover Agreements. These agreements outline the terms governing the acquisition process and the voting intentions of the reporting persons regarding the merger. The filing also details the number of shares owned and the percentage of class held by each reporting person, with ABRY Partners II, LLC, Peggy Koenig, and Jay Grossman holding the largest individual stakes.