KORE Group Holdings Inc.
03/13/2026 | Press release | Distributed by Public on 03/13/2026 14:03
Material Event (Form 8-K)
Item 8.01. Other Events.
On March 12, 2026, KORE Group Holdings, Inc. (the "Company") received notification from the New York Stock Exchange (the "NYSE") that the Company had regained compliance in relation to the NYSE's quantitative continued listing standard as a result of the Company's achievement of compliance with the NYSE's minimum market capitalization and stockholders' equity requirement of Section 802.01B of the NYSE Listed Company Manual as of March 12, 2026.
This notification cured the outstanding instance of non-compliance. As previously disclosed, on September 12, 2024, the Company received formal notice from the NYSE that it was not in compliance with the NYSE's continued listing standards as a result of not maintaining an average market capitalization of at least $50 million over a 30-day trading period and stockholders' equity of less than $50 million, as required by Section 802.01B of the NYSE Listed Company Manual.
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