KORE to List on NYSE through Merger with Cerberus Telecom Acquisition Corp. (CTAC)
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KORE to List on NYSE through Merger with Cerberus Telecom Acquisition Corp.
March 12, 2021 4:10 PM ESTTransaction positions KORE to further its global leadership position in mission-critical Internet of Things (IoT) solutions and global connectivity, leveraging key technology trends such as 5G, eSIM and Low-Power Wide-Area Consumers and businesses are driving demand for connected devices, and as we hurtle towards an exponentially more connected planet, KORE is uniquely positioned to enable its customers to rapidly adopt and securely scale IoT solutions Proceeds include an oversubscribed and upsized $225 million PIPE, anchored by Koch Strategic Platforms, LLC, a... More