<SEC-DOCUMENT>0001104659-23-126467.txt : 20231215
<SEC-HEADER>0001104659-23-126467.hdr.sgml : 20231215
<ACCEPTANCE-DATETIME>20231215171113
ACCESSION NUMBER:		0001104659-23-126467
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20231213
FILED AS OF DATE:		20231215
DATE AS OF CHANGE:		20231215

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			Searchlight Capital Partners IV GP AGG, LLC
		CENTRAL INDEX KEY:			0001999764
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-40856
		FILM NUMBER:		231491289

	BUSINESS ADDRESS:	
		STREET 1:		745 FIFTH AVENUE, 26TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10151
		BUSINESS PHONE:		(212) 293-3730

	MAIL ADDRESS:	
		STREET 1:		745 FIFTH AVENUE, 26TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10151

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			Searchlight IV KOR, L.P.
		CENTRAL INDEX KEY:			0001999695
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-40856
		FILM NUMBER:		231491290

	BUSINESS ADDRESS:	
		STREET 1:		745 FIFTH AVENUE, 26TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10151
		BUSINESS PHONE:		(212) 293-3730

	MAIL ADDRESS:	
		STREET 1:		745 FIFTH AVENUE, 26TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10151

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			Searchlight Capital Partners IV GP, LLC
		CENTRAL INDEX KEY:			0002000946
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-40856
		FILM NUMBER:		231491287

	BUSINESS ADDRESS:	
		STREET 1:		745 FIFTH AVENUE, 26TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10151
		BUSINESS PHONE:		(212) 293-3730

	MAIL ADDRESS:	
		STREET 1:		745 FIFTH AVENUE, 26TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10151

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			Searchlight Capital Partners IV GP, L.P.
		CENTRAL INDEX KEY:			0001999785
		STATE OF INCORPORATION:			E9
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-40856
		FILM NUMBER:		231491288

	BUSINESS ADDRESS:	
		STREET 1:		745 FIFTH AVENUE, 26TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10151
		BUSINESS PHONE:		(212) 293-3730

	MAIL ADDRESS:	
		STREET 1:		745 FIFTH AVENUE, 26TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10151

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			KORE Group Holdings, Inc.
		CENTRAL INDEX KEY:			0001855457
		STANDARD INDUSTRIAL CLASSIFICATION:	TELEPHONE COMMUNICATIONS (NO RADIO TELEPHONE) [4813]
		IRS NUMBER:				863078783
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		3 RAVINIA DRIVE NE
		STREET 2:		SUITE 500
		CITY:			ATLANTA
		STATE:			GA
		ZIP:			30346
		BUSINESS PHONE:		877-710-5673

	MAIL ADDRESS:	
		STREET 1:		3 RAVINIA DRIVE NE
		STREET 2:		SUITE 500
		CITY:			ATLANTA
		STATE:			GA
		ZIP:			30346

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	King Pubco, Inc.
		DATE OF NAME CHANGE:	20210406
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>tm2333020-1_4seq1.xml
<DESCRIPTION>OWNERSHIP DOCUMENT
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0508</schemaVersion>

    <documentType>4</documentType>

    <periodOfReport>2023-12-13</periodOfReport>

    <notSubjectToSection16>0</notSubjectToSection16>

    <issuer>
        <issuerCik>0001855457</issuerCik>
        <issuerName>KORE Group Holdings, Inc.</issuerName>
        <issuerTradingSymbol>KORE</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001999695</rptOwnerCik>
            <rptOwnerName>Searchlight IV KOR, L.P.</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>C/O SEARCHLIGHT CAPITAL PARTNERS, L.P.</rptOwnerStreet1>
            <rptOwnerStreet2>745 5TH AVENUE - 27TH FLOOR</rptOwnerStreet2>
            <rptOwnerCity>NEW YORK</rptOwnerCity>
            <rptOwnerState>NY</rptOwnerState>
            <rptOwnerZipCode>10151</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>1</isTenPercentOwner>
            <isOther>0</isOther>
            <officerTitle></officerTitle>
            <otherText></otherText>
        </reportingOwnerRelationship>
    </reportingOwner>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001999764</rptOwnerCik>
            <rptOwnerName>Searchlight Capital Partners IV GP AGG, LLC</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>C/O SEARCHLIGHT CAPITAL PARTNERS, L.P.</rptOwnerStreet1>
            <rptOwnerStreet2>745 5TH AVENUE - 27TH FLOOR</rptOwnerStreet2>
            <rptOwnerCity>NEW YORK</rptOwnerCity>
            <rptOwnerState>NY</rptOwnerState>
            <rptOwnerZipCode>10151</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>1</isTenPercentOwner>
            <isOther>0</isOther>
            <officerTitle></officerTitle>
            <otherText></otherText>
        </reportingOwnerRelationship>
    </reportingOwner>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001999785</rptOwnerCik>
            <rptOwnerName>Searchlight Capital Partners IV GP, L.P.</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>C/O SEARCHLIGHT CAPITAL PARTNERS, L.P.</rptOwnerStreet1>
            <rptOwnerStreet2>745 5TH AVENUE - 27TH FLOOR</rptOwnerStreet2>
            <rptOwnerCity>NEW YORK</rptOwnerCity>
            <rptOwnerState>NY</rptOwnerState>
            <rptOwnerZipCode>10151</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>1</isTenPercentOwner>
            <isOther>0</isOther>
            <officerTitle></officerTitle>
            <otherText></otherText>
        </reportingOwnerRelationship>
    </reportingOwner>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0002000946</rptOwnerCik>
            <rptOwnerName>Searchlight Capital Partners IV GP, LLC</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>C/O SEARCHLIGHT CAPITAL PARTNERS, L.P.</rptOwnerStreet1>
            <rptOwnerStreet2>745 5TH AVENUE - 27TH FLOOR</rptOwnerStreet2>
            <rptOwnerCity>NEW YORK</rptOwnerCity>
            <rptOwnerState>NY</rptOwnerState>
            <rptOwnerZipCode>10151</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>1</isTenPercentOwner>
            <isOther>0</isOther>
            <officerTitle></officerTitle>
            <otherText></otherText>
        </reportingOwnerRelationship>
    </reportingOwner>

    <aff10b5One>0</aff10b5One>

    <nonDerivativeTable>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Series A-1 Preferred Stock</value>
                <footnoteId id="F1"/>
            </securityTitle>
            <transactionDate>
                <value>2023-12-13</value>
            </transactionDate>
            <deemedExecutionDate></deemedExecutionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>A</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionTimeliness></transactionTimeliness>
            <transactionAmounts>
                <transactionShares>
                    <value>2857</value>
                </transactionShares>
                <transactionPricePerShare>
                    <footnoteId id="F1"/>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>A</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>152857</value>
                    <footnoteId id="F1"/>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                    <footnoteId id="F1"/>
                </directOrIndirectOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
    </nonDerivativeTable>

    <derivativeTable>
        <derivativeTransaction>
            <securityTitle>
                <value>Warrant to purchase common stock</value>
                <footnoteId id="F1"/>
            </securityTitle>
            <conversionOrExercisePrice>
                <value>0.01</value>
                <footnoteId id="F3"/>
            </conversionOrExercisePrice>
            <transactionDate>
                <value>2023-12-13</value>
            </transactionDate>
            <deemedExecutionDate></deemedExecutionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>P</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionTimeliness></transactionTimeliness>
            <transactionAmounts>
                <transactionShares>
                    <value>224711</value>
                    <footnoteId id="F3"/>
                </transactionShares>
                <transactionPricePerShare>
                    <footnoteId id="F1"/>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>A</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <exerciseDate>
                <footnoteId id="F2"/>
            </exerciseDate>
            <expirationDate>
                <value>2033-11-15</value>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Common Stock, par value $0.0001 per share</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>224711</value>
                    <footnoteId id="F3"/>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>12024711</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                    <footnoteId id="F4"/>
                    <footnoteId id="F5"/>
                </directOrIndirectOwnership>
            </ownershipNature>
        </derivativeTransaction>
    </derivativeTable>

    <footnotes>
        <footnote id="F1">This Form 4 is being filed jointly pursuant to Rule 16a-1(a)(3) and Rule 16a-3(j) under the Securities Act of 1934, as amended (the &quot;Exchange Act&quot;), to report that on December 13, 2023, KORE Group Holdings, Inc. (the &quot;Issuer&quot;) issued to Searchlight IV KOR, L.P. (&quot;Searchlight IV KOR&quot;), a warrant to acquire an aggregate of 224,711 shares of the Issuer's common stock, par value $0.0001 per share (the &quot;Common Stock&quot;), at an exercise price of $0.01 per share, subject to adjustment (the &quot;Additional Warrant&quot;), and 2,857 shares of Series A-1 Preferred Stock, $0.0001 par value per share (the &quot;Series A-1 Preferred Stock&quot;) in exchange for a purchase price of $2,856,500. The Series A-1 Preferred Stock is not convertible into Common Stock. Previously, on November 15, 2023, Searchlight IV KOR acquired 150,000 shares of Series A-1 Preferred Stock and a warrant to acquire an aggregate of 11,800,000 shares of Common Stock, at an exercise price of $0.01 per share, subject to adjustment.</footnote>
        <footnote id="F2">The Additional Warrant became exercisable upon the issuance of the Additional Warrant to Searchlight IV KOR. The Additional Warrant is exercisable at any time and from time to time until prior to the close of business on November 15, 2033, subject to the terms of the Additional Warrant.</footnote>
        <footnote id="F3">Pursuant to the terms of the Penny Warrant, the number of shares for which the Penny Warrant is exercisable and the exercise price for such shares may be adjusted for stock splits, reclassifications, share combinations, dividends or distributions made by the Issuer on the Common Stock, certain issuances of Common Stock or securities convertible into Common Stock and similar adjustments.</footnote>
        <footnote id="F4">Searchlight IV KOR is a Delaware limited partnership that was formed to effect the investment (the &quot;Investment&quot;) in the Issuer's securities in connection with that certain Investment Agreement, dated as of November 9, 2023, by and between Searchlight IV KOR and the Issuer. The general partner of Searchlight IV KOR is Searchlight Capital Partners IV GP AGG, LLC, a Delaware limited liability company (&quot;Searchlight IV GP AGG&quot;). The sole member of Searchlight IV GP AGG is Searchlight Capital Partners IV GP, L.P., a Cayman limited partnership (&quot;Searchlight IV GP LP&quot;). The general partner of Searchlight IV GP LP is Searchlight Capital Partners IV GP, LLC, a Delaware limited liability company (&quot;Searchlight IV GP&quot;).</footnote>
        <footnote id="F5">The reported securities may be deemed to be owned directly by Searchlight IV KOR and indirectly by Searchlight IV GP AGG, Searchlight IV GP LP and Searchlight IV GP. Each of the Reporting Persons disclaims beneficial ownership of the Penny Warrant and any shares of Common Stock and Series A-1 Preferred Stock that are not directly owned by such Reporting Persons, in each case except to the extent of any pecuniary interest therein, and this report shall not be deemed an admission that any such entity or person is the beneficial owner of, or has any pecuniary interest in, such securities for purposes of Section 16 of the Exchange Act, or for any other purpose.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>SEARCHLIGHT IV KOR, L.P. By: Searchlight Capital Partners IV GP AGG, LLC, its General Partner, By: /s/ Andrew Frey, Name: Andrew Frey, Title: Authorized Person</signatureName>
        <signatureDate>2023-12-15</signatureDate>
    </ownerSignature>

    <ownerSignature>
        <signatureName>SEARCHLIGHT CAPITAL PARTNERS IV GP AGG, LLC By: /s/ Andrew Frey, Name: Andrew Frey, Title: Authorized Person</signatureName>
        <signatureDate>2023-12-15</signatureDate>
    </ownerSignature>

    <ownerSignature>
        <signatureName>SEARCHLIGHT CAPITAL PARTNERS IV GP, L.P. By: Searchlight Capital Partners IV GP, LLC, its General Partner, By: /s/ Andrew Frey, Name: Andrew Frey, Title: Authorized Person</signatureName>
        <signatureDate>2023-12-15</signatureDate>
    </ownerSignature>

    <ownerSignature>
        <signatureName>SEARCHLIGHT CAPITAL PARTNERS IV GP, LLC By: /s/ Andrew Frey, Name: Andrew Frey, Title: Authorized Person</signatureName>
        <signatureDate>2023-12-15</signatureDate>
    </ownerSignature>
</ownershipDocument>
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</SEC-DOCUMENT>
