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.None
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ENGLEWOOD, Colo. (AP) — John Elway says any remorse over bypassing Josh Allen in the 2018 NFL draft is quickly dissipating with rookie Bo Nix's rapid rise, suggesting the Denver Broncos have finally found their next franchise quarterback. Elway said Nix, the sixth passer selected in April's draft, is an ideal fit in Denver with coach Sean Payton navigating his transition to the pros and Vance Joseph's defense serving as a pressure release valve for the former Oregon QB. Javascript is required for you to be able to read premium content. Please enable it in your browser settings.Andrew Hanson Vice President of Generations Wealth Management Interviewed on the Influential Entrepreneur Podcast Discussing Finding the Right Investment VehicleWould I rather have Bo Nix or Shedeur Sanders as the quarterback of my NFL team for the next 10 years? Sanders’ ceiling is higher. Nix has a higher floor. Both quarterbacks are accurate and good leaders. Sanders should be close to or better than C.J. Stroud of the Houston Texans. But I’d rather bet on the talent and potential of Sanders. – Chris, Vail Kiz: The Bo Bandwagon has gone from zero to hysteria faster than a Tesla. I walked into my barber shop last week and was greeted with these words: “Nix is the fix!” Hey, I’m the knucklehead that told Broncos Country this team would easily eclipse the 5.5 victory total established by Vegas oddsmakers and make the playoffs. But y’all might want to slow your roll. Nix will have to show me what he’s got on the road in the postseason before I’m a true Bo-liever that he’s the definitive answer at QB for the next 10 years. We have solid evidence Nix can play at the level of a starting NFL quarterback. He’s improving as the season progresses, so he probably hasn’t hit his ceiling yet. Sanders looks great at CU, but there are a lot of QBs who are great in college but a bust in the NFL. I’d take Nix. – Nick, Huntersville, N.C. Kiz: Over a year ago, after the Buffs lost 48-41 to USC, I declared Sanders was a better quarterback than future No. 1 overall draft pick Caleb Williams. Folks laughed at the time. Well, what about now? If the Raiders or Giants pick first in the 2025 draft and don’t take Sanders, they’re dumber than they look. Nix is a safe NFL quarterback. Sanders can be a special one. Friday Faceoff: Who’s got a better chance to make the playoffs, the Broncos or the CU Buffs? Before I pick between Bo and Shedeur, you need to tell me: Who’s the coach of Sanders’ NFL team going to be? – Jerardo, San Jose, Calif. Kiz: Far be it from me to push Deion Sanders out the door at CU. But should the Raiders get the chance to land Shedeur in the draft, a father and son reunion in Vegas could be the most magical act on the Strip since Penn and Teller. I was planning on going to the Broncos game against the Chargers on the Sunday before Christmas. But now that the game has been flexed to Thursday night, I’m glad I didn’t buy tickets. No way I’m driving from San Diego to Los Angeles on a Thursday afternoon. – 5280 in SoCal Kiz: You think commissioner Roger Goodell gives a hoot about messing with your holiday travel plans? If fans mattered more than television revenue to the NFL, the Chargers would’ve never left San Diego. And today’s parting shot answers the question: Why on earth didn’t the Colorado Rockies trade long-ballyhooed second baseman Brendan Rodgers before unceremoniously dumping him? The Rockies have inept people running their baseball operation and franchise owner Dick Monfort hates to make changes in the front office. – Dave, Denver
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The Real Deal: We use deal trackers and commerce experience to sift through “fake” hike-and-drop deals and other deceptive sales tactics. Products will usually be rated at least 4 stars with a minimum 15% discount (and when there’s an exception, we’ll tell you why). HuffPost and its publishing partners may receive a commission from some purchases made via links on this page. Prices and availability are subject to change. Waterpik is one of the best-known brands in the dental industry and so ubiquitous that people often refer to all water flossers as Waterpiks (like folks simply call bandages Band-Aids). So, with such a bulletproof brand name backed by thousands of rave reviews and constant demand, it’s actually wild that the company has some of this week’s most significant, deep discounts for Black Friday . Right now on Amazon , you can grab its cordless, travel-friendly Advance water flosser for 40% off , or a the corded, countertop-appropriate Aquarius water flosser for 50% off — both are currently the lowest we’ve seen them all year. But act fast, because we’re not sure how long this Black Friday deal will last! It has four interchangeable heads for reaching those back teeth and keeping your tools clean, three pressure settings, a USB cord and standing dock charger, a waterproof body and a carry bag for packing on a trip. The water flosser tips rotate a full 360 degrees and the brand claims it can last for up to four weeks on a single charge. It has 10 pressure settings, seven changeable and rotateable tips, a 22-ounce top-fill water reservoir and an easy on/off switch. Because it’s corded, it’s more powerful than the cordless option, but it’s gentle enough for daily use. One user in particular says it’s a “ game-changer for oral hygiene .” Nab the cordless Waterpik at 40% off and the corded at 50% off while these Black Friday deals last and all color options are in stock. “I’ve been using the Waterpik Aquarius Water Flosser for a few weeks now, and it’s truly a game changer for my oral hygiene routine. After struggling with traditional flossing, which often left my gums sore and missed hard-to-reach areas, this water flosser has been a breath of fresh air (literally!). The setup was incredibly easy, and I was up and running in minutes. The pressure settings are versatile, allowing for a gentle clean or a more intense stream to really tackle stubborn spots. I appreciate the various tips included – the classic tip works great for daily use, while the plaque seeker and orthodontic tips are perfect for more targeted cleaning. One of my favorite features is the 30-second and 1-minute pacers, which help me stay on track without overdoing it. My mouth feels noticeably cleaner after every use, and my gums are healthier with much less bleeding. Yes, it can be a bit messy at first, but once you get the hang of aiming the water stream, it’s smooth sailing. The reservoir is a decent size, and refilling it is simple. If you’re serious about your oral health and want a product that delivers professional-level cleaning at home, the Waterpik Aquarius is worth the investment. ” — John “ The Waterpik Aquarius Water Flosser has been a game-changer for my dental routine! One of the standout features is the variety of tips it comes with, making it versatile for multiple users and specific needs. I really like that it has two modes—Floss and Massage. The Floss mode works exceptionally well, leaving my teeth feeling clean and refreshed. My dentist recommended keeping the water pressure at a 5 or below, which I find to be just right; it’s gentle on my gums but still effective. Refilling the water tank is super convenient—the lid just pops up, making it easy to handle. I also appreciate that it’s a plug-in device, so there’s no need to worry about charging. Overall, I’m really pleased with this Waterpik—it’s simple to use, well-designed, and has made a noticeable difference in my dental care. Highly recommend! ” — Josh “Before buying this Waterpik flosser, I had an earlier version that I bought so long ago I can’t remember when. After many years, the cord shorted (after the warranty had expired) and when I emailed them, they said we’re sending you a replacement, which they did, free of charge, and all they asked of me is that I put the damaged one in the box and mail it back to them (postage free) so that they could see what went wrong. They said it would help them make improvements to future models. A few years later, after more daily use, the wand hose began leaking. They sent me a replacement, also free of charge. Then, this past August, many more years later, the replacement hose began leaking. At that point, I figured I’d gotten my money’s worth and more, so I chucked the whole machine and bought this one. The new one is as light as a feather, holds the same amount of water as the old one, and is just as powerful. It’s better looking than the old one, too. If this one ends up being half as good as the original, I expect to have it for a long time. Finally, in the more than 20 years since I bought the original, the price hasn’t gone up much! I have no problem whatsoever recommending this product. This is a great company that stands behind its product.” — Tom “I have terrible genetic dental issues and have tired a lot of things to prevent decay, tartar, cavities, and, most importantly, avoid getting root canals. I use fluoride toothpaste, chew gum with 100% xylitol (be careful! It’s deadly to dogs!) and wash my mouth out when I have juice or soda. Flossing has always been a forgetful task for me unfortunately and I’m finally feeling the repercussions now. My dentist recommended this type of water floss machine and the same it usually goes on once in awhile..a $100 water floss for $50?! Amazing find! Setting it up is very easy, and adjusting the pressure is easy too. You get different heads, even a toothbrush head! Definitely a fantastic buy if you don’t like flossing with the thread or floss picks because they hurt your gums. ” — Amazon Customer Related From Our Partner