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ATLANTA , Dec. 23, 2024 /PRNewswire/ -- KORE Group Holdings, Inc. (NYSE: KORE) ("KORE" or the "Company"), the global pure-play Internet of Things ("IoT") hyperscaler and provider of IoT Connectivity, Solutions, and Analytics, today announced it has received notification (the "Acceptance Letter") from the New York Stock Exchange (the "NYSE") that the NYSE has accepted the Company's previously-submitted plan (the "Plan") to regain compliance with the NYSE's continued listing standards set forth in Section 802.01B of the NYSE Listed Company Manual relating to minimum market capitalization and stockholders' equity. In the Acceptance Letter, the NYSE granted the Company an 18-month period from September 12, 2024 (the "Plan Period") to regain compliance with the continued listing standards. As part of the Plan, the Company is required to provide the NYSE quarterly updates regarding its progress towards the goals and initiatives in the Plan. In the Plan, Kore included details regarding previously reported operational restructuring activities, as well as an outlook on the Company's business. The Company expects its common stock will continue to be listed on the NYSE during the Plan Period, subject to the Company adherence to the Plan and compliance with other applicable NYSE continued listing standards. The Company's receipt of such notification from the NYSE does not affect the Company's business, operations or reporting requirements with the U.S. Securities and Exchange Commission. Cautionary Note on Forward-Looking Statements This press release includes certain statements that are not historical facts but are forward-looking statements for purposes of the safe harbor provisions under the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements generally are accompanied by words such as "believe," "guidance," "project," "may," "will," "estimate," "continue," "anticipate," "intend," "expect," "should," "would," "plan," "predict," "potential," "seem," "seek," "future," "outlook," and similar expressions that predict or indicate future events or trends or that are not statements of historical matters. These forward-looking statements include, but are not limited to, statements regarding expected progress with the Company's compliance plan submitted to the NYSE, expected compliance with continued listing standards of the NYSE and expected continued listing of the Company's common stock on the NYSE. These statements are based on various assumptions and on the current expectations of KORE's management. These forward-looking statements are provided for illustrative purposes only and are not intended to serve as and must not be relied on by any investor or other person as, a guarantee, an assurance, a prediction or a definitive statement of fact or probability. Actual events and circumstances are difficult or impossible to predict and will differ from assumptions. Many actual events and circumstances are beyond the control of KORE. These forward-looking statements are subject to a number of risks and uncertainties, including general economic, financial, legal, political and business conditions and changes in domestic and foreign markets; the potential effects of COVID-19; risks related to the rollout of KORE's business and the timing of expected business milestones; risks relating to the integration of KORE's acquired companies, including the acquisition of Twilio's IoT business, changes in the assumptions underlying KORE's expectations regarding its future business; our ability to negotiate and sign a definitive contract with a customer in our sales funnel; our ability to realize some or all of estimates relating to customer contracts as revenue, including any contractual options available to customers or contractual periods that are subject to termination for convenience provisions; the effects of competition on KORE's future business; and the outcome of judicial proceedings to which KORE is, or may become a party. If the risks materialize or assumptions prove incorrect, actual results could differ materially from the results implied by these forward-looking statements. There may be additional risks that KORE presently does not know or that KORE currently believes are immaterial that could also cause actual results to differ materially from those contained in the forward-looking statements. In addition, forward-looking statements reflect KORE's expectations, plans or forecasts of future events and views as of the date of this press release. KORE anticipates that subsequent events and developments will cause these assessments to change. However, while KORE may elect to update these forward-looking statements at some point in the future, KORE specifically disclaims any obligation to do so. These forward-looking statements should not be relied upon as representing KORE's assessments as of any date subsequent to the date of this press release. Accordingly, undue reliance should not be placed upon the forward-looking statements. KORE Investor Contact: Vik Vijayvergiya Vice President, IR, Corporate Development and Strategy vvijayvergiya@korewireless.com (770) 280-0324 View original content to download multimedia: https://www.prnewswire.com/news-releases/kore-announces-nyse-acceptance-of-plan-to-regain-listing-compliance-302338621.html SOURCE KORE Group Holdings, Inc.
Manchester City blow three-goal lead as Feyenoord produce stunning fightbackThe suspect in the high-profile killing of a health insurance CEO that has gripped the United States graduated from an Ivy League university, reportedly hails from a wealthy family, and wrote social media posts brimming with cerebral musings. Luigi Mangione, 26, was thrust into the spotlight Monday after police revealed he is their person of interest in the brutal murder of United Healthcare CEO Brian Thompson, a father of two, last week in broad daylight in Manhattan in a case that laid bare deep frustration and anger with America's privatized medical system. News of his capture in Pennsylvania -- following a tip from a McDonald's worker --triggered an explosion of online activity, with Mangione quickly amassing new followers on social media as citizen sleuths and US media tried to understand who he is. While some lauded him as a hero and lamented his arrest, others analyzed his intellectual takes in search of ideological clues. A photo on one of his social media accounts includes an X-ray of an apparently injured spine. No explicit political affiliation has emerged. Meanwhile, memes and jokes proliferated, many riffing on his first name and comparing him to the "Mario Bros." character Luigi, sometimes depicted in AI-altered images wielding a gun or holding a Big Mac. "Godspeed. Please know that we all hear you," wrote one user on Facebook. "I want to donate to your defense fund," added another. According to Mangione's LinkedIn profile, he is employed as a data engineer at TrueCar, a California-based online auto marketplace. A company spokesperson told AFP Mangione "has not been an employee of our company since 2023." Although he had been living in Hawaii ahead of the killing, he originally hails from Towson, Maryland, near Baltimore. He comes from a prominent and wealthy Italian-American family, according to the Baltimore Banner. The family owns local businesses, including the Hayfields Country Club, its website says. A standout student, Mangione graduated at the top of his high school class in 2016. In an interview with his local paper at the time, he praised his teachers for fostering a passion for learning beyond grades and encouraging intellectual curiosity. A former student who knew Mangione at the Gilman School told AFP the suspect struck him as "a normal guy, nice kid." "There was nothing about him that was off, at least from my perception," this person said, asking that their name not be used. "Seemed to just be smiling, and kind of seemed like he was a smart kid. Ended up being valedictorian, which confirmed that," the former student said. Mangione went on to attend the prestigious University of Pennsylvania, where he completed both a bachelor's and master's degree in computer science by 2020, according to a university spokesperson. While at Penn, Mangione co-led a group of 60 undergraduates who collaborated on video game projects, as noted in a now-deleted university webpage, archived on the Wayback Machine. On Instagram, where his following has skyrocketed from hundreds to tens of thousands, Mangione shared snapshots of his travels in Mexico, Puerto Rico and Hawaii. He also posted shirtless photos flaunting a six-pack and appeared in celebratory posts with fellow members of the Phi Kappa Psi fraternity. However, it is on X (formerly Twitter) that users have scoured Mangione's posts for potential motives. His header photo -- an X-ray of a spine with bolts -- remains cryptic, with no public explanation. Finding a coherent political ideology has also proved elusive, though he had written a review of Ted Kaczynski's manifesto on the online site goodreads, calling it "prescient." Kaczynski, known as the Unabomber, carried out a string of bombings in the United States from 1978 to 1995, a campaign he said was aimed at halting the advance of modern society and technology. Mangione called Kaczynski "rightfully imprisoned," while also saying "'violence never solved anything' is a statement uttered by cowards and predators." According to CNN, handwritten documents recovered when Mangione was arrested included the phrase "these parasites had it coming." Mangione has also linked approvingly to posts criticizing secularism as a harmful consequence of Christianity's decline. In April, he wrote, "Horror vacui (nature abhors a vacuum)." The following month, he posted an essay he wrote in high school titled "How Christianity Prospered by Appealing to the Lower Classes of Ancient Rome." In another post from April, he speculated that Japan's low birthrate stems from societal disconnection, adding that "fleshlights" and other vaginal-replica sex toys should be banned.
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Israel strikes Houthi rebels in Yemen's capital while the WHO chief says he was meters away JERUSALEM (AP) — A new round of Israeli airstrikes in Yemen have targeted the Houthi rebel-held capital of Sanaa and multiple ports. The World Health Organization’s director-general said the bombardment on Thursday took place just “meters away” as he was about to board a flight in Sanaa. He says a crew member was hurt. The strikes followed several days of Houthi attacks and launches setting off sirens in Israel. Israel's military says it attacked infrastructure used by the Houthis at the international airport in Sanaa, power stations and ports. The Israeli military hasn't responded to questions about the WHO chief's statement. Israeli attorney general orders probe into report that alleged Netanyahu's wife harassed opponents JERUSALEM (AP) — Israel’s attorney general has ordered police to open an investigation into Prime Minister Benjamin Netanyahu’s wife on suspicion of harassing political opponents and witnesses in the Israeli leader’s corruption trial. The Israeli Justice Ministry made the announcement in a terse message late Thursday., saying the investigation would focus on the findings of a recent report by the “Uvda” investigative program into Sara Netanyahu. The program uncovered a trove of WhatsApp messages in which Mrs. Netanyahu appears to instruct a former aid to organize protests against political opponents and to intimidate Hadas Klein, a key witness in the trial. Earlier Thursday, Netanyahu blasted the Uvda report as “lies.” The US says it pushed retraction of a famine warning for north Gaza. Aid groups express concern. WASHINGTON (AP) — U.S. officials say they asked for — and got — the retraction of an independent monitor's warning of imminent famine in north Gaza. The internationally Famine Early Warning System Network issued the warning this week. The new report had warned that starvation deaths in north Gaza could reach famine levels as soon as next month. It cited what it called Israel's “near-total blockade” of food and water. The U.S. ambassador to Israel, Jacob Lew, criticized the finding as inaccurate and irresponsible. The U.S. Agency for International Development, which funds the famine-monitoring group, told the AP it had asked for and gotten the report's retraction. USAID officials tell The Associated Press that it had asked the group for greater review of discrepancies in some of the data. Trump has pressed for voting changes. GOP majorities in Congress will try to make that happen ATLANTA (AP) — Republicans in Congress plan to move quickly in their effort to overhaul the nation’s voting procedures, seeing an opportunity with control of the White House and both chambers of Congress. They want to push through long-sought changes such as voter ID and proof-of-citizenship requirements. They say the measures are needed to restore public confidence in elections. That's after an erosion of trust that Democrats note has been fueled by false claims from Donald Trump and his allies of widespread fraud in the 2020 election. Democrats say they are willing to work with the GOP but want any changes to make it easier, not harder, to vote. Americans are exhausted by political news. TV ratings and a new AP-NORC poll show they're tuning out NEW YORK (AP) — A lot of Americans, after an intense presidential election campaign, are looking for a break in political news. That's evident in cable television news ratings and a poll from The Associated Press-NORC Center for Public Affairs Research. The poll found nearly two-thirds of Americans saying they've found the need recently to cut down on their consumption of political and government news. That's particularly true among Democrats following President-elect Donald Trump's victory, although a significant number of Republicans and independents feel the same way. Cable networks MSNBC and CNN are really seeing a slump. That's also happened in years past for networks that particularly appeal to supporters of one candidate. Aviation experts say Russia's air defense fire likely caused Azerbaijan plane crash as nation mourns Aviation experts say that Russian air defense fire was likely responsible for the Azerbaijani plane crash the day before that killed 38 people and left all 29 survivors injured. Azerbaijan is observing a nationwide day of mourning on Thursday for the victims of the crash. Azerbaijan Airlines’ Embraer 190 was en route from Azerbaijan’s capital of Baku to the Russian city of Grozny in the North Caucasus on Wednesday when it was diverted for reasons yet unclear and crashed while making an attempt to land in Aktau in Kazakhstan. Cellphone footage circulating online appeared to show the aircraft making a steep descent before smashing into the ground in a fireball. India's former prime minister Manmohan Singh, architect of economic reforms, dies aged 92 NEW DELHI (AP) — India’s former Prime Minister Manmohan Singh, widely regarded as the architect of India’s economic reform program and a landmark nuclear deal with the United States, has died. He was 92. The hospital said Singh was admitted to New Delhi’s All India Institute of Medical Sciences late Thursday after his health deteriorated due to “sudden loss of consciousness at home." He was “being treated for age-related medical conditions,” the statement added. A mild-mannered technocrat, Singh became one of India’s longest-serving prime ministers for 10 years and earned a reputation as a man of great personal integrity. But his sterling image was tainted by allegations of corruption against his ministers. Ukraine's military intelligence says North Korean troops are suffering heavy battlefield losses KYIV, Ukraine (AP) — Ukraine's military intelligence says North Korean troops are suffering heavy losses in Russia's Kursk region and face logistical difficulties as a result of Ukrainian attacks. The intelligence agency said Thursday that Ukrainian strikes near Novoivanovka inflicted heavy casualties on North Korean units. Ukraine's president said earlier this week that 3,000 North Korean troops have been killed and wounded in the fighting in the Kursk region. It marked the first significant estimate by Ukraine of North Korean casualties several weeks after Kyiv announced that North Korea had sent 10,000 to 12,000 troops to Russia to help it in the almost 3-year war. How the stock market defied expectations again this year, by the numbers NEW YORK (AP) — What a wonderful year 2024 has been for investors. U.S. stocks ripped higher and carried the S&P 500 to records as the economy kept growing and the Federal Reserve began cutting interest rates. The benchmark index posted its first back-to-back annual gains of more than 20% since 1998. The year featured many familiar winners, such as Big Tech, which got even bigger as their stock prices kept growing. But it wasn’t just Apple, Nvidia and the like. Bitcoin and gold surged and “Roaring Kitty” reappeared to briefly reignite the meme stock craze. Holiday shoppers increased spending by 3.8% despite higher prices New data shows holiday sales rose this year even as Americans wrestled with still high prices in many grocery necessities and other financial worries. According to Mastercard SpendingPulse, holiday sales from the beginning of November through Christmas Eve climbed 3.8%, a faster pace than the 3.1% increase from a year earlier. The measure tracks all kinds of payments including cash and debit cards. This year, retailers were even more under the gun to get shoppers in to buy early and in bulk since there were five fewer days between Thanksgiving and Christmas. Mastercard SpendingPulse says the last five days of the season accounted for 10% of the spending. Sales of clothing, electronics and Jewelry rose.Yellowstone fans all saying the same thing about show creator Taylor Sheridan after Kevin Costner's exit Have YOU got a story? Email tips@dailymail.com By TERRY ZELLER and BRIAN GALLAGHER FOR DAILYMAIL.COM Published: 22:53, 9 December 2024 | Updated: 23:20, 9 December 2024 e-mail 1 View comments Yellowstone fans were less than thrilled with the latest episode’s heavy focus on Taylor Sheridan, the creator of the show who also plays horse trainer Travis Wheatley . The social media consensus was clear: Sheridan was taking up far too much of the action for a character who’s little more than a bit part. Many fans were quick to point out that this seemed intentional—now that series star Kevin Costner is no longer part of the show . Costner departed Yellowstone before part two of the final Season 5 in June, amid much drama, including rumors of a feud between him and Sheridan . Now it seems Sheridan may have been making up for the absence of Costner's John Dutton with some screen time of his own, complete with a strip poker game that featured real-life supermodel Bella Hadid . '15 minutes of story and scenes wasted with watching Taylor Sheridan showboat on his own show, partying and just doing his thing. Wouldn’t be surprised if that’s what he does in real life too,' wrote one unimpressed viewer. Taylor also appeared in a pivotal role in the finale of his show Lioness on Sunday. And he had a role on the Yellowstone prequel 1883. Yellowstone fans were less than thrilled with the latest episode’s heavy focus on Taylor Sheridan, the creator of the show who also plays horse trainer Travis Wheatley; (seen in 2021) Many fans were quick to point out that this seemed intentional—now that series star Kevin Costner (seen in April) is no longer part of the show Another added, 'As if Taylor Sheridan wasted one of the last episodes of this show by inserting himself so he could parade around with half-naked women. We could have had 8 more episodes of Kevin Costner instead of this bs #Yellowstone.' One fan lamented, 'Yeah, and they’ve treated the best actor on the show, @modernwest, Kevin Costner. He was willing to come back, and of course, Sheridan’s ego got in the way. What a sad end for John Dutton’s legacy.' Read More Yellowstone fans speculate on Kayce's new plan to save the ranch in the show's penultimate episode Someone else quipped, 'Being generous on the 15 minutes :) Felt more like an hour with 25 minutes of storylines that we actually want to see.' The episode had all the subtlety of a neon sign flashing, according to another critic, as they commented, 'The episode was a look at me I’m Taylor Sheridan. He may as well have Kevin Costner just come out of the shower at this point.' As for the rumored feud between Tyalro and Kevin, another follower chimed in, 'I think now we know: what caused the fall out with Costner, oh boy Sheridan wanted to be the man lol, and I sure do miss Costner editing this guy's terrible scripts.' Of course, fans were shocked by a surprise cameo by Hadid and her boyfriend Adan Banuelos in Sunday's penultimate episode. The new episode found Beth Dutton (Kelly Reilly) travelling to Texas to oversee Travis Wheatley (Sheridan) selling the ranch's horses, following last week's episode that featured another shocking death . Fans were quite surprised when Beth knocked on Travis' door and found it being answered by his girlfriend Sadie, played by Hadid, who is aside from being a supermodel is also an accomplished equestrian. The social media consensus was clear: Sheridan was taking up far too much of the action for a character who’s little more than a bit part Her boyfriend Banuelos - an accomplished cowboy himself, being voted into the NCHA Riders Hall of Fame at age 28, the youngest ever to be inducted - was also seen in a brief scene involving Travis playing strip poker. Fans did not hesitate to take to X (formerly Twitter ) to relay their surprise at seeing this couple make their cameo appearances. @nourishing4what said, 'Bella Hadid on Yellowstone was definitely not on my 2024 bingo card...' @shuIkie added, 'did i just see bella hadid in that yellowstone show??' 'Me seeing Bella Hadid on #Yellowstone with her boyfriend. what is going on,' added X user @vickysal99. Jackie Arnold (@jackiearnolddd_) added, 'Bella hadid on Yellowstone is wild I love it.' @theunhingedgem said in all caps, 'BELLA HADID ON YELLOWSTONE MADE MY WHOLE NIGHT.' 'Bella Hadid in tonight’s episode of Yellowstone & not-surprisingly she is stunning,' said @berstreet. He was only a small character on the show for many episodes but now his part is bigger Kevin brought the A list power for years While Bella Hadid is best known as a supermodel, she is also an expert equestrian rider who once had ambitions of competing in the 2016 Rio Olympics. However her mother Yolanda revealed in January 2016 that her daughter had to give up her equestrian dreams after she was diagnosed with Lyme's disease as she had to walk away from the sport . 'Bella had to give up her lifelong dream of having a professional riding career and a shot at the Olympics due to her severe symptoms and inability to ride,' Yolanda said. 'This was the biggest heartbreak of her life and an extremely sensitive subject for her. She is resilient and focused on a new direction--she's made a name for herself in the modeling industry while she struggles with symptoms of chronic Lyme every day,' she added. Hadid did get back in the saddle, as she was spotted riding at an equestrian event in Florida back in March 2023 . She was also photographed on horseback with boyfriend Adan Banuelos at the New York City premiere of his short film series Window To The West. Hadid is no stranger to acting either, appearing in three episodes of Ramy and four episodes of Love Advent. It remains to be seen if both Hadid and Banuelos will return for next week's Yellowstone finale or not. @AAmmyy_J said, 'Not Bella Hadid being on this week’s Yellowstone,' while @allyckontos said, 'BELLA HADID IN YELLOWSTONE' Yellowstone fans were shocked by a surprise cameo by supermodel Bella Hadid and her boyfriend Adan Banuelos in Sunday's penultimate episode Her boyfriend Banuelos - an accomplished cowboy himself, being voted into the NCHA Riders Hall of Fame at age 28, the youngest ever to be inducted - was also seen in a brief scene involving Travis playing strip poker The episode didn't feature any deaths, though it did seem to set up what may well be an epic finale. The family auctioned off all of the ranch's horses and cattle, as many a ranch hand questioned the future of the Yellowstone-Dutton ranch. While the millions they made at auction bought them some time, Kayce came up with a way that he thinks can save the ranch: by giving it away. Who Kayce plans on giving the ranch away to remains to be seen, though it's possible that he could give it back to the Indians, completing a theory fans have suggested since the 1883 prequel finale. An Indian told John Dutton's great great grandfather that his family would control this land for seven generations before his people take it back. John Dutton's family is in fact the seventh generation to run the ranch, and it seems that Kayce just may give up the ranch to save it in next week's finale. Rip Wheeler (Cole Hauser) did tell Lloyd (Forrie J. Smith) that he wanted him to stay on at the ranch to help 'build it back up, while the rest of the ranch hands pondered where they might be working next. Teeter (Jennifer Landon) mourned the loss of Colby (Denim Richards), with Beth helping by taking her to a tourist bar to mess with the out-of-towners. Rip Wheeler (Cole Hauser) did tell Lloyd (Forrie J. Smith) that he wanted him to stay on at the ranch to help 'build it back up, while the rest of the ranch hands pondered where they might be working next Teeter (Jennifer Landon) mourned the loss of Colby (Denim Richards), with Beth helping by taking her to a tourist bar to mess with the out-of-towners Beth also seemingly leaked information about her brother Jamie (Wes Bentley) to the press while the police investigated Sarah Atwood's (Dawn Olivieri) company Market Equities. Jamie insisted that if she ruins him, she'll be ruining the whole family, though she insisted that she'll reveal he was actually adopted by John and is not related to the Dutton's by blood. Next week's finale will feature the burial of John Dutton, with Beth whispering into her father's casket, 'I will avenge you.' Yellowstone returns with the massive finale on Sunday, December 15 at 8 PM ET on Paramount Network. Kevin Costner Bella Hadid Share or comment on this article: Yellowstone fans all saying the same thing about show creator Taylor Sheridan after Kevin Costner's exit e-mail Add comment
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