KORE (KORE) Director Bo-Linn Cheemin Sells 141,505 Shares for $1.31M

What Happened
Bo-Linn Cheemin, a director of KORE Group Holdings, disposed of 141,505 shares on July 21, 2026. The shares were converted/paid out to the issuer at $9.25 per share, generating $1,308,921. This was a disposition to the issuer in connection with a merger agreement (a cash-out), not an open-market sale.

Key Details

• Transaction date: 2026-07-21; Price: $9.25 per share; Total proceeds: $1,308,921.
• Transaction type/code: Disposition to issuer (D) — shares converted into cash under the Merger Agreement.
• Footnote: Per the Merger Agreement dated Feb 26, 2026, each share of the issuer’s common stock held by the reporting person was converted into the right to receive $9.25 in cash.
• Filing: Report filed 2026-07-23 (two days after the transaction); no late filing indicated in the provided data.
• Shares owned after transaction: Not specified in the provided filing details.

Context
This was a merger-related cash-out — routine when a company is acquired and shares are converted into a cash payment per the deal terms. Such dispositions in connection with M&A are procedural and do not carry the same interpretive weight as discretionary open-market sales by insiders.