Item 4 — Purpose of Transaction
Item 4 is hereby amended and supplemented by the addition of the following: On July 21, 2026, KORE Group Holdings, Inc. (the "Issuer"), completed the transactions contemplated by the Agreement and Plan of Merger, dated as of February 26, 2026 (the "Merger Agreement"), by and among the Issuer, KONA Parent L.P., a limited partnership ("Parent") affiliated with certain funds managed by affiliates of Searchlight Capital Partners, L.P. and Abry Partners, LLC and/or Abry Partners II, LLC, and KONA Merger Sub Co., a wholly owned subsidiary of Parent ("Merger Sub"). In accordance with the Merger Agreement, Merger Sub merged with and into the Issuer, with the Issuer surviving the merger as a wholly-owned subsidiary of an affiliate of Parent (such merger, the "Merger"). At the effective time of the Merger, all shares of Common Stock, par value $0.0001 per share, of the Issuer ("Common Stock") other than shares of Common Stock held by Parent or Merger Sub, shares held by the Issuer as treasury stock, and shares held by stockholders who have properly exercised and perfected appraisal rights, were cancelled and converted into the right to receive an amount in cash equal to $9.25 per share, without interest and subject to any applicable withholding taxes (the "Merger Consideration"). Pursuant to the terms of the Merger Agreement, on July 21, 2026, the Reporting Persons disposed of all of the shares of Common Stock of the Issuer held by them and received the Merger Consideration. As a result of the Merger, the previously disclosed warrants beneficially owned by the Reporting Persons are no longer exercisable to purchase shares of Common Stock, and therefore the Reporting Persons no longer have any beneficial ownership of shares of Common Stock as a result of beneficially owning such warrants.