Recent Updates — KORGW

KORE Group Holdings, Inc. issued supplemental disclosures to its proxy statement regarding its proposed merger with KONA Parent, L.P. to address stockholder litigation and demand letters alleging deficient disclosures. The supplemental disclosures include updated financial analyses from Rothschild & Co, including enterprise value and equity value reference ranges based on various valuation methodologies. KORE Group Holdings, Inc. operates in the wireless technology and Internet of Things (IoT) sector.