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KORE Reports Second Consecutive Quarter of Record Revenue

Investor Relations

KORE to List on NYSE through Merger with
Cerberus Telecom Acquisition Corp.

About KORE

KORE is a global leader in transformative IoT. We enable innovators in key verticals to deploy, manage, and scale IoT solutions. Beginning with the creation of a comprehensive, analytical business plan for each customer, the KORE approach then ties together the sophisticated ecosystem of hardware, connectivity, logistics, and device lifecycle support and management.

Through the use of our solutions, connectivity, and analytics, organizations and enterprises receive a full-scale, end-to-end IoT infrastructure per their unique business case.

KORE_The Future of IoT

KORE specializes in providing global connectivity from many leading carriers supporting short-range, massive, or critical IoT including 5G readiness, migrating from legacy networks, and future-proof technology in eSIM. Our forward and reverse logistics through our professional managed services ensures device validation, certification, and support throughout the entire lifecycle. KORE is FDA- and ISO 9001/13485 certified with regulatory compliant facilities in the US and EU.

Our award-winning SecurityPro™ and ConnectivityPro™ platforms help manage the complexities of managing connectivity on multiple networks for a unified approach to resilient connectivity, while also providing risk mitigation. KORE is at each step of the IoT lifecycle providing expertise and guidance to help maximize IoT investments and transform IoT business performance. Through our expertise and services, we help our customers overcome the challenges associated with IoT deployments.

At KORE, we are dedicated to driving innovation for our customers. We recently announced a definitive agreement to merge with Cerberus Telecom Acquisition Corp. (NYSE: CTAC) to accelerate our growth and drive deeper adoption of IoT and 5G solutions. Through this and other transactions, we are equipped to deliver robust industry solutions sets to key vertical markets. Learn more about our vertical evolution strategy and our comprehensive solution offerings.

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Webcast: Cowen 49th Annual TMT Conference

Q1 2021 Full Financial Results


KORE Virtual Investor Day

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Deutsche Bank Conference

Press Releases

KORE Selected by Agriculture Technology Innovator BinSentry to Revolutionize Monitoring of On-farm Inventory

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KORE Selected by Award-Winning EV Charging Company in UK to Provide IoT Services to Charging Stations

8 minute read

KORE and Everynet Expand Partnership into the U.S.

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IoT leader KORE to Host Virtual Investor Day on September 8 at 11 a.m. ET on Run-Up to NYSE Listing

6 minute read

IoT Leader KORE Reports Second Quarter 2021 Financial Results, Including Record Revenue for Second Consecutive Quarter

42 minute read

IoT Leader KORE Announces Effectiveness of S-4 Registration Statement for Proposed Combination with Cerberus-backed CTAC

13 minute read

KORE ranks among top three vendors in 2021 Gartner Critical Capabilities Assessment

9 minute read

IoT Leader KORE Announces Innovative Redemption Backstop Convertible Bond to Facilitate Public Listing

9 minute read

KORE Sets August 2021 Financial Conference Schedule

5 minute read

IoT Leader KORE Reports Full First Quarter 2021 Financial Results, Including Record Revenue; Positioned to Exceed Fiscal Year 2021 Expectations

26 minute read

KORE and Koch Strategic Platforms to Explore New IoT Innovations

5 minute read

KORE Delivers Record First Quarter Revenue as IoT Global Leader Approaches Public Listing

9 minute read

KORE To Participate in Upcoming Investor Conference

3 minute read

Cerberus Telecom Acquisition Corp. Files Registration Statement on Form S-4 as Part of Proposed Combination with KORE Wireless, a global leader in IoT

9 minute read

KORE Hosts Investor Webcast in Connection with its Previously Announced Combination with Cerberus Telecom Acquisition Corp.

9 minute read

KORE to List on NYSE through Merger with Cerberus Telecom Acquisition Corp.

15 minute read

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Contact Us

For investor related inquires, please email us at  investors@korewireless.com 


Jean Creech Avent
VP, Investor and Public Relations
+1 (843) 986-8229

Important Information and Where to Find It

This communication is being made in respect of the proposed merger transaction involving CTAC and KORE. CTAC and Pubco intend to file a registration statement on Form S-4 with the SEC, which will include a proxy statement of CTAC and a prospectus of Pubco, and CTAC will file other documents regarding the proposed transaction with the SEC. A definitive proxy statement/prospectus will also be sent to the stockholders of CTAC, seeking required stockholder approval. Before making any voting or investment decision, investors and security holders of CTAC are urged to carefully read the entire registration statement and proxy statement/prospectus, when they become available, and any other relevant documents filed with the SEC, as well as any amendments or supplements to these documents, because they will contain important information about the proposed transaction. The documents filed by CTAC with the SEC may be obtained free of charge at the SEC's website at www.sec.gov. In addition, the documents filed by CTAC with the SEC may be obtained free of charge from CTAC’s website at www.cerberusacquisition.com or upon written request to Cerberus Telecom Acquisition Corp., 875 Third Avenue, New York, NY 10022.

This communication does not constitute an offer to sell or the solicitation of an offer to buy any securities or a solicitation of any vote or approval, nor shall there be any sale of any securities in any state or jurisdiction in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of such other jurisdiction.

Participants in the Solicitation

CTAC, KORE and certain of their respective directors and executive officers may be deemed to be participants in the solicitation of proxies from the stockholders of CTAC, in favor of the approval of the merger. Information regarding CTAC’s and KORE’s directors and executive officers and other persons who may be deemed participants in the transaction may be obtained by reading the registration statement and the proxy statement/prospectus and other relevant documents filed with the SEC when they become available. Free copies of these documents may be obtained as described above.

Forward-Looking Statements

This communication 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,” “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 estimates and forecasts of revenue and other financial and performance metrics and projections of market opportunity and expectations. These statements are based on various assumptions and on the current expectations of CTAC or 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 CTAC and/or 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 the KORE’s business and the timing of expected business milestones; changes in the assumptions underlying the KORE’s expectations regarding its future business; the effects of competition on the KORE’s future business; and the outcome of judicial proceedings to which the 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 the KORE presently does not know or that the 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 the KORE’s expectations, plans or forecasts of future events and views as of the date of this communication. The KORE and CTAC anticipate that subsequent events and developments will cause these assessments to change. However, while the KORE and/or CTAC may elect to update these forward-looking statements at some point in the future, each of the KORE and CTAC specifically disclaims any obligation to do so. These forward-looking statements should not be relied upon as representing the KORE’s assessments as of any date subsequent to the date of this communication. Accordingly, undue reliance should not be placed upon the forward-looking statements.