KORE Group Holdings Inc. disclosed that its Special Committee has received a non-binding letter from Searchlight Capital Partners and Abry Partners proposing to acquire all outstanding shares of the company's common stock not already owned by them for $5.00 per share in cash. The Special Committee, supported by financial and legal advisors, is reviewing and evaluating the proposal. No assurances were given that any transaction will result from this process, and further updates will be provided if a specific agreement is reached or the review concludes.
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