Filing Details

Accession Number:
0001104659-22-019562
Form Type:
13G Filing
Publication Date:
2022-02-10 19:00:00
Filed By:
Mudrick Capital Management
Company:
Kore Group Holdings Inc.
Filing Date:
2022-02-11
SEC Url:
13G Filing
Ownership Summary

Please notice the below summary table is generated without human intervention and may contain errors. Please refer to the complete filing displayed below for exact figures.

Name Sole Voting Power Shared Voting Power Sole Dispositive Power Shared Dispositive Power Aggregate Amount Owned Power Percent of Class
Mudrick Capital Management 0 4,000,000 0 4,000,000 4,000,000 5.6%
Mudrick Capital Management 0 4,000,000 0 4,000,000 4,000,000 5.6%
Jason Mudrick 0 4,000,000 0 4,000,000 4,000,000 5.6%
Mudrick Distressed Opportunity Fund Global 0 1,530,492 0 1,530,492 1,530,492 2.1%
Mudrick GP 0 1,530,492 0 1,530,492 1,530,492 2.1%
Mudrick Distressed Opportunity Drawdown Fund II 0 792,987 0 792,987 792,987 1.1%
Mudrick Distressed Opportunity Drawdown Fund II SC 0 90,108 0 90,108 90,108 0.1%
Mudrick Distressed Opportunity Drawdown Fund II GP 0 883,095 0 883,095 883,095 1.2%
Mudrick Distressed Opportunity 0 308,566 0 308,566 308,566 0.4%
Mudrick Distressed Opportunity 0 308,566 0 308,566 308,566 0.4%
Mudrick Distressed Opportunity SIF Master Fund 0 152,659 0 152,659 152,659 0.2%
Mudrick Distressed Opportunity SIF Master Fund GP 0 152,659 0 152,659 152,659 0.2%
Filing

 

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

SCHEDULE 13G

(Amendment No.__)

 

Under the Securities Exchange Act of 1934

 

 

 

Kore Group Holdings, Ltd.
(Name of Issuer)

 

Class A ordinary shares, par value $0.0001 per share
(Title of Class of Securities)

 

50066V107

(CUSIP Number)

 

September 30, 2021
(Date of Event Which Requires Filing of this Statement)

 

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

 

¨ Rule 13d-1(b)

 

x Rule 13d-1(c)

 

¨ Rule 13d-1(d)

 

*The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.

 

The information required in the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

 

 

 

1

 

 

CUSIP No. 50066V107 Schedule 13G
1

Names of Reporting Persons

 

Mudrick Capital Management L.P.

 

2

Check the Appropriate Box if a Member of a Group

 

(a)  ¨        (b)  x

 

3

SEC Use Only

 

 

 

4

Citizenship or Place of Organization

 

Delaware

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person
With:
5

Sole Voting Power

 

0

 

6

Shared Voting Power

 

4,000,000 (1)

 

7

Sole Dispositive Power

 

0

 

8

Shared Dispositive Power

 

4,000,000 (1)

 

9

Aggregate Amount Beneficially Owned by Each Reporting Person

 

4,000,000 (1)

 

10 Check if the Aggregate Amount in Row (9) Excludes Certain Shares ¨
11

Percent of Class Represented by Amount in Row (9)

 

5.6%(2)

 

12

Type of Reporting Person

 

PN

 

         

(1) Represents shares of common stock (“Common Stock”) of Kore Group Holdings, Ltd. (the “Issuer”) directly held by Mudrick Distressed Opportunity Fund Global, L.P., Mudrick Distressed Opportunity Drawdown Fund II, L.P., Mudrick Distressed Opportunity Drawdown Fund II SC, L.P., Mudrick Distressed Opportunity 2020 Dislocation Fund, L.P., Mudrick Distressed Opportunity SIF Master Fund, L.P., and certain accounts managed by Mudrick Capital Management, L.P., in the aggregate.

 

(2) Based on 71,989,432 shares of Common Stock outstanding as of November 16, 2021, as described in the prospectus filed by the Issuer with the Securities and Exchange Commission on December 29, 2021.

 

2

 

 

CUSIP No. 50066V107 Schedule 13G
1

Names of Reporting Persons

 

Mudrick Capital Management, LLC

 

2

Check the Appropriate Box if a Member of a Group

 

(a)  ¨        (b)  x

 

3

SEC Use Only

 

 

 

4

Citizenship or Place of Organization

 

Delaware

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person
With:
5

Sole Voting Power

 

0

 

6

Shared Voting Power

 

4,000,000(1)

 

7

Sole Dispositive Power

 

0

 

8

Shared Dispositive Power

 

4,000,000(1)

 

9

Aggregate Amount Beneficially Owned by Each Reporting Person

 

4,000,000(1)

 

10 Check if the Aggregate Amount in Row (9) Excludes Certain Shares ¨
11

Percent of Class Represented by Amount in Row (9)

 

5.6%(2)

 

12

Type of Reporting Person

 

OO

 

         

(1) Represents shares of Common Stock held by Mudrick Distressed Opportunity Fund Global, L.P., Mudrick Distressed Opportunity Drawdown Fund II, L.P., Mudrick Distressed Opportunity Drawdown Fund II SC, L.P., Mudrick Distressed Opportunity 2020 Dislocation Fund, L.P., Mudrick Distressed Opportunity SIF Master Fund, L.P., and certain accounts managed by Mudrick Capital Management, L.P., in the aggregate.

 

(2) Based on 71,989,432 shares of Common Stock outstanding as of November 16, 2021, as described in the prospectus filed by the Issuer with the Securities and Exchange Commission on December 29, 2021.

 

3

 

 

CUSIP No. 50066V107 Schedule 13G
1

Names of Reporting Persons

 

Jason Mudrick

 

2

Check the Appropriate Box if a Member of a Group

 

(a)  ¨        (b)  x

 

3

SEC Use Only

 

 

 

4

Citizenship or Place of Organization

 

Delaware

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person
With:
5

Sole Voting Power

 

0

 

6

Shared Voting Power

 

4,000,000(1)

 

7

Sole Dispositive Power

 

0

 

8

Shared Dispositive Power

 

4,000,000(1)

 

9

Aggregate Amount Beneficially Owned by Each Reporting Person

 

4,000,000(1)

 

10 Check if the Aggregate Amount in Row (9) Excludes Certain Shares ¨
11

Percent of Class Represented by Amount in Row (9)

 

5.6%(2)

 

12

Type of Reporting Person

 

IN

 

         

(1) Represents shares of Common Stock directly held by Mudrick Distressed Opportunity Fund Global, L.P., Mudrick Distressed Opportunity Drawdown Fund II, L.P., Mudrick Distressed Opportunity Drawdown Fund II SC, L.P., Mudrick Distressed Opportunity 2020 Dislocation Fund, L.P., Mudrick Distressed Opportunity SIF Master Fund, L.P., and certain accounts managed by Mudrick Capital Management, L.P., in the aggregate.

 

(2) Based on 71,989,432 shares of Common Stock outstanding as of November 16, 2021, as described in the prospectus filed by the Issuer with the Securities and Exchange Commission on December 29, 2021.

 

4

 

 

CUSIP No. 50066V107 Schedule 13G
1

Names of Reporting Persons

 

Mudrick Distressed Opportunity Fund Global, L.P.

 

2

Check the Appropriate Box if a Member of a Group

 

(a)  ¨        (b)  x

 

3

SEC Use Only

 

 

 

4

Citizenship or Place of Organization

 

Delaware

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person
With:
5

Sole Voting Power

 

0

 

6

Shared Voting Power

 

1,530,492

 

7

Sole Dispositive Power

 

0

 

8

Shared Dispositive Power

 

1,530,492

 

9

Aggregate Amount Beneficially Owned by Each Reporting Person

 

1,530,492

 

10 Check if the Aggregate Amount in Row (9) Excludes Certain Shares ¨
11

Percent of Class Represented by Amount in Row (9)

 

2.1%(1)

 

12

Type of Reporting Person

 

PN

 

         

(1) Based on 71,989,432 shares of Common Stock outstanding as of November 16, 2021, as described in the prospectus filed by the Issuer with the Securities and Exchange Commission on December 29, 2021.

 

5

 

 

CUSIP No. 50066V107 Schedule 13G
1

Names of Reporting Persons

 

Mudrick GP, LLC

 

2

Check the Appropriate Box if a Member of a Group

 

(a)  ¨        (b)  x

 

3

SEC Use Only

 

 

 

4

Citizenship or Place of Organization

 

Delaware

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person
With:
5

Sole Voting Power

 

0

 

6

Shared Voting Power

 

1,530,492 (1)

 

7

Sole Dispositive Power

 

0

 

8

Shared Dispositive Power

 

1,530,492 (1)

 

9

Aggregate Amount Beneficially Owned by Each Reporting Person

 

1,530,492 (1)

 

10 Check if the Aggregate Amount in Row (9) Excludes Certain Shares ¨
11

Percent of Class Represented by Amount in Row (9)

 

2.1%(1)

 

12

Type of Reporting Person

 

PN

 

         

(1) Includes shares of Common Stock directly held by Mudrick Distressed Opportunity Fund Global, L.P.

 

(2) Based on 71,989,432 shares of Common Stock outstanding as of November 16, 2021, as described in the prospectus filed by the Issuer with the Securities and Exchange Commission on December 29, 2021.

 

6

 

 

CUSIP No.50066V107 Schedule 13G
1

Names of Reporting Persons

 

Mudrick Distressed Opportunity Drawdown Fund II, L.P.

 

2

Check the Appropriate Box if a Member of a Group

 

(a)  ¨        (b)  x

 

3

SEC Use Only

 

 

 

4

Citizenship or Place of Organization

 

Delaware

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person
With:
5

Sole Voting Power

 

0

 

6

Shared Voting Power

 

792,987

 

7

Sole Dispositive Power

 

0

 

8

Shared Dispositive Power

 

792,987

 

9

Aggregate Amount Beneficially Owned by Each Reporting Person

 

792,987

 

10 Check if the Aggregate Amount in Row (9) Excludes Certain Shares ¨
11

Percent of Class Represented by Amount in Row (9)

 

1.1%(1)

 

12

Type of Reporting Person

 

PN

 

         

(1) Based on 71,989,432 shares of Common Stock outstanding as of November 16, 2021, as described in the prospectus filed by the Issuer with the Securities and Exchange Commission on December 29, 2021.

 

7

 

 

CUSIP No. 50066V107 Schedule 13G
1

Names of Reporting Persons

 

Mudrick Distressed Opportunity Drawdown Fund II SC, L.P.

 

2

Check the Appropriate Box if a Member of a Group

 

(a)  ¨        (b)  x

 

3

SEC Use Only

 

 

 

4

Citizenship or Place of Organization

 

United States

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person
With:
5

Sole Voting Power

 

0

 

6

Shared Voting Power

 

90,108

 

7

Sole Dispositive Power

 

0

 

8

Shared Dispositive Power

 

90,108

 

9

Aggregate Amount Beneficially Owned by Each Reporting Person

 

90,108

 

10 Check if the Aggregate Amount in Row (9) Excludes Certain Shares ¨
11

Percent of Class Represented by Amount in Row (9)

 

0.1%(1)

 

12

Type of Reporting Person

 

PN

 

         

(1) Based on 71,989,432 shares of Common Stock outstanding as of November 16, 2021, as described in the prospectus filed by the Issuer with the Securities and Exchange Commission on December 29, 2021.

 

8

 

 

CUSIP No. 50066V107 Schedule 13G
1

Names of Reporting Persons

 

Mudrick Distressed Opportunity Drawdown Fund II GP, LLC

 

2

Check the Appropriate Box if a Member of a Group

 

(a)  ¨        (b)  x

 

3

SEC Use Only

 

 

 

4

Citizenship or Place of Organization

 

Delaware

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person
With:
5

Sole Voting Power

 

0

 

6

Shared Voting Power

 

883,095 (1)

 

7

Sole Dispositive Power

 

0

 

8

Shared Dispositive Power

 

883,095 (1)

 

9

Aggregate Amount Beneficially Owned by Each Reporting Person

 

883,095 (1)

 

10 Check if the Aggregate Amount in Row (9) Excludes Certain Shares ¨
11

Percent of Class Represented by Amount in Row (9)

 

1.2%(2)

 

12

Type of Reporting Person

 

OO

 

         

(1) Includes Common Stock directly held by Mudrick Distressed Opportunity Drawdown Fund II, L.P. and Mudrick Distressed Opportunity Drawdown Fund II SC, L.P.

 

(2) Based on 71,989,432 shares of Common Stock outstanding as of November 16, 2021, as described in the prospectus filed by the Issuer with the Securities and Exchange Commission on December 29, 2021.

 

9

 

 

CUSIP No. 50066V107 Schedule 13G
1

Names of Reporting Persons

 

Mudrick Distressed Opportunity 2020 Dislocation Fund, L.P

 

2

Check the Appropriate Box if a Member of a Group

 

(a)  ¨        (b)  x

 

3

SEC Use Only

 

 

 

4

Citizenship or Place of Organization

 

Delaware

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person
With:
5

Sole Voting Power

 

0

 

6

Shared Voting Power

 

308,566 (1)

 

7

Sole Dispositive Power

 

0

 

8

Shared Dispositive Power

 

308,566 (1)

 

9

Aggregate Amount Beneficially Owned by Each Reporting Person

 

308,566 (1)

 

10 Check if the Aggregate Amount in Row (9) Excludes Certain Shares ¨
11

Percent of Class Represented by Amount in Row (9)

 

0.4%(2)

 

12

Type of Reporting Person

 

PN

 

         

(1) Based on 71,989,432 shares of Common Stock outstanding as of November 16, 2021, as described in the prospectus filed by the Issuer with the Securities and Exchange Commission on December 29, 2021.

 

10

 

 

CUSIP No. 50066V107 Schedule 13G
1

Names of Reporting Persons

 

Mudrick Distressed Opportunity 2020 Dislocation Fund GP, LLC

 

2

Check the Appropriate Box if a Member of a Group

 

(a)  ¨        (b)  x

 

3

SEC Use Only

 

 

 

4

Citizenship or Place of Organization

 

Delaware

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person
With:
5

Sole Voting Power

 

0

 

6

Shared Voting Power

 

308,566 (1)

 

7

Sole Dispositive Power

 

0

 

8

Shared Dispositive Power

 

308,566 (1)

 

9

Aggregate Amount Beneficially Owned by Each Reporting Person

 

308,566 (1)

 

10 Check if the Aggregate Amount in Row (9) Excludes Certain Shares ¨
11

Percent of Class Represented by Amount in Row (9)

 

0.4%(2)

 

12

Type of Reporting Person

 

OO

 

         

(1) Includes Common Stock directly held by Mudrick Distressed Opportunity 2020 Dislocation Fund, L.P.

 

(2) Based on 71,989,432 shares of Common Stock outstanding as of November 16, 2021, as described in the prospectus filed by the Issuer with the Securities and Exchange Commission on December 29, 2021.

 

11

 

 

CUSIP No. 50066V107 Schedule 13G
1

Names of Reporting Persons

 

Mudrick Distressed Opportunity SIF Master Fund, L.P

 

2

Check the Appropriate Box if a Member of a Group

 

(a)  ¨        (b)  x

 

3

SEC Use Only

 

 

 

4

Citizenship or Place of Organization

 

Delaware

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person
With:
5

Sole Voting Power

 

0

 

6

Shared Voting Power

 

152,659 (1)

 

7

Sole Dispositive Power

 

0

 

8

Shared Dispositive Power

 

152,659 (1)

 

9

Aggregate Amount Beneficially Owned by Each Reporting Person

 

152,659 (1)

 

10 Check if the Aggregate Amount in Row (9) Excludes Certain Shares ¨
11

Percent of Class Represented by Amount in Row (9)

 

0.2%(2)

 

12

Type of Reporting Person

 

PN

 

         

(1) Based on 71,989,432 shares of Common Stock outstanding as of November 16, 2021, as described in the prospectus filed by the Issuer with the Securities and Exchange Commission on December 29, 2021.

 

12

 

 

CUSIP No. 50066V107 Schedule 13G
1

Names of Reporting Persons

 

Mudrick Distressed Opportunity SIF Master Fund GP, LLC

 

2

Check the Appropriate Box if a Member of a Group

 

(a)  ¨        (b)  x

 

3

SEC Use Only

 

 

 

4

Citizenship or Place of Organization

 

Delaware

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person
With:
5

Sole Voting Power

 

0

 

6

Shared Voting Power

 

152,659 (1)

 

7

Sole Dispositive Power

 

0

 

8

Shared Dispositive Power

 

152,659 (1)

 

9

Aggregate Amount Beneficially Owned by Each Reporting Person

 

152,659 (1)

 

10 Check if the Aggregate Amount in Row (9) Excludes Certain Shares ¨
11

Percent of Class Represented by Amount in Row (9)

 

0.2%(2)

 

12

Type of Reporting Person

 

OO

 

         

(1) Includes Common Stock directly held by Mudrick Distressed Opportunity SIF Master Fund, L.P.

 

(2) Based on 71,989,432 shares of Common Stock outstanding as of November 16, 2021, as described in the prospectus filed by the Issuer with the Securities and Exchange Commission on December 29, 2021.

 

13

 

 

Item 1(a).Name of Issuer:

 

Kore Group Holdings, Ltd. (“Issuer”)

 

Item 1(b).Address of Issuer’s Principal Executive Offices:

 

3700 Mansell Road, Suite 300, Alpharetta, Georgia 30022.

 

Item 2(a).Name of Person Filing:

 

This Schedule 13G is filed by Mudrick Capital Management, L.P. (“MCM”), Mudrick Capital Management, LLC (“MCM GP”), Jason Mudrick, Mudrick Distressed Opportunity Fund Global, L.P. (“Global LP”), Mudrick Distressed Opportunity Drawdown Fund II, L.P. (“Drawdown II”), Mudrick Distressed Opportunity Drawdown Fund II SC, L.P. (“Drawdown II SC”), Mudrick GP, LLC (“Mudrick GP”), Mudrick Distressed Opportunity Drawdown Fund II GP, LLC (“Drawdown II GP”), Mudrick Distressed Opportunity 2020 Dislocation Fund, L.P. (“DISL”), Mudrick Distressed Opportunity 2020 Dislocation Fund GP, LLC (“DISL GP”), Mudrick Distressed Opportunity SIF Master Fund, L.P. (“SIF”), Mudrick Distressed Opportunity SIF GP, LLC (“SIF GC”). Each of the foregoing is referred to as a “Reporting Person” and collectively as the “Reporting Persons.”

 

Mudrick GP is the general partner of Global LP and may be deemed to beneficially own the number of securities of the Issuer directly held by Global LP. Drawdown II GP is the general partner of Drawdown II and Drawdown II SC and may be deemed to beneficially own the securities of the Issuer directly held by Drawdown II and Drawdown II SC. DISL GP is the general partner of DISL and may be deemed to beneficially own the number of securities of the Issuer held by DISL. SIF GP is the general partner of SIF and may be deemed to beneficially own the securities of the Issuer directly held by SIF. MCM is the investment manager to Drawdown II, Global LP, Drawdown II SC, DISL, SIF and certain accounts managed by MCM. Mr. Mudrick is the sole member of Mudrick GP, Drawdown II GP, MCM GP, DISL GP and SIF GP. By virtue of these relationships, each of MCM, MCM GP and Mr. Mudrick may be deemed to beneficially own the securities held directly by Global LP, Drawdown II, Drawdown II SC, DISL, SIF and certain accounts managed by MCM.

 

The filing of this Schedule 13G shall not be construed as an admission that the Reporting Persons are, for purposes of Section 13(d) of the Securities Exchange Act of 1934, as amended, the beneficial owners of any of the Shares reported herein Each of the Reporting Persons disclaims beneficial ownership of the securities directly held by any other Reporting Person except to the extent of such entity or individual’s pecuniary interest therein, if any.

 

Item 2(b).Address of Principal Business Office or, if none, Residence:

 

The principal business office of the Reporting Persons is 527 Madison Avenue, 6th Floor, New York, NY 10022.

 

14

 

 

Item 2(c).Citizenship:

 

See responses to Item 4 of the Cover Page of each Reporting Person, which is incorporated herein by reference.

 

Item 2(d).Title of Class of Securities:

 

Common Stock, par value $0.0001 per share

 

Item 2(e).CUSIP Number:

 

50066V107

 

Item 3.Not applicable.

 

Item 4(a).Ownership

 

See Cover Page Item 9 for each Reporting Person, incorporated herein by reference. The filing of this Schedule 13G shall not be construed as an admission that the Reporting Persons are, for purposes of Section 13(d) of the Securities Exchange Act of 1934, as amended, the beneficial owners of any of the Shares reported herein. Each of the Reporting Persons specifically disclaims beneficial ownership of the Shares reported herein that are not directly held by such Reporting Person except to the extent of his or its pecuniary interest therein, if any.

 

Item 4(b):Percent of Class:

 

See Cover Page Item 11 and related footnote for each Reporting Person, incorporated herein by reference.

 

Item 4(c):Number of Shares of Which Such Person Has:

 

(i) Sole power to vote or direct the vote:

 

See Cover Page Item 5 for each Reporting Person, incorporated herein by reference.

 

(ii) Shared power to vote or direct the vote:

 

See Cover Page Item 6 for each Reporting Person, incorporated herein by reference.

 

(iii) Sole power to dispose or direct the disposition of:

 

See Cover Page Item 7 for each Reporting Person, incorporated herein by reference.

 

(iv) Shared power to dispose or direct the disposition of:

 

See Cover Page Item 8 for each Reporting Person, incorporated herein by reference.

 

15

 

 

Item 5.Ownership of Five Percent or Less of a Class

 

Not applicable.

 

Item 6.Ownership of More Than Five Percent on Behalf of Another Person

 

Not applicable.

 

Item 7.Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company

 

Not applicable.

 

Item 8.Identification and Classification of Members of the Group

 

See Exhibit 1 to this Schedule 13G.

 

Item 9.Notice of Dissolution of Group

 

Not applicable.

 

Item 10.Certification

 

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11.

 

16

 

 

Signature

 

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

 

Dated: February 10, 2022

 

  /s/ JASON MUDRICK
  JASON MUDRICK
       
  MUDRICK CAPITAL MANAGEMENT, L.P.
     
  By: Mudrick Capital Management, LLC, its general partner
     
  By: /s/ Jason Mudrick
  Name: Jason Mudrick
  Title: Sole Member
     
  MUDRICK DISTRESSED OPPORTUNITY FUND GLOBAL, L.P.
   
  By: Mudrick GP, LLC, its general partner
     
  By: /s/ Jason Mudrick
  Name: Jason Mudrick
  Title: Sole Member  
     
  MUDRICK GP, LLC
     
  By: /s/ Jason Mudrick
  Name: Jason Mudrick
  Title: Sole Member
   
  MUDRICK DISTRESSED OPPORTUNITY DRAWDOWN FUND GP, LLC
     
  By: /s/ Jason Mudrick
  Name: Jason Mudrick
  Title: Sole Member

 

17

 

 

  MUDRICK DISTRESSED OPPORTUNITY DRAWDOWN FUND II, L.P.
     
  By: Mudrick Distressed Opportunity Drawdown Fund II GP, LLC, its general partner
     
  By: /s/ Jason Mudrick
  Name: Jason Mudrick
  Title: Sole Member
     
  MUDRICK CAPITAL MANAGEMENT, LLC
     
  By: /s/ Jason Mudrick
  Name: Jason Mudrick
  Title: Sole Member
     
  MUDRICK DISTRESSED OPPORTUNITY DRAWDOWN FUND II SC, L.P.
     
  By: Verto Direct Opportunity GP, LLC, its general partner
     
  By: /s/ Jason Mudrick
  Name: Jason Mudrick
  Title: Sole Member
     
  MUDRICK DISTRESSED OPPORTUNITY DRAWDOWN FUND II, GP
     
  By: /s/ Jason Mudrick
  Name: Jason Mudrick
  Title: Sole Member

 

18

 

 

  MUDRICK DISTRESSED OPPORTUNITY 2020 DISLOCATION FUND, L.P.
     
  By: Mudrick Distressed Opportunity 2020 Dislocation Fund GP, LLC, its general partner
     
  By: /s/ Jason Mudrick
  Name: Jason Mudrick
  Title: Sole Member
     
  MUDRICK DISTRESSED OPPORTUNITY 2020 DISLOCATION FUND GP, LLC
     
  By: /s/ Jason Mudrick
  Name: Jason Mudrick
  Title: Sole Member
     
  MUDRICK DISTRESSED OPPORTUNITY SIF MASTER FUND, L.P.
     
  By: Mudrick Distressed Opportunity SIF Master Fund LLC, its general partner
     
  By: /s/ Jason Mudrick
  Name: Jason Mudrick
  Title: Sole Member
     
  MUDRICK DISTRESSED OPPORTUNITY SIF MASTER FUND GP, LLC
     
  By: /s/ Jason Mudrick
  Name: Jason Mudrick
  Title: Sole Member

 

19

 

 

EXHIBIT INDEX

 

Exhibit No.  Name
1  Joint Filing Agreement

 

20

 

 

Exhibit 1

 

JOINT FILING AGREEMENT

 

This will confirm the agreement by and among all the undersigned that the Schedule 13G filed on or about this date and any amendments thereto with respect to the beneficial ownership by the undersigned of shares of common stock, par value $0.0001 per share, of Kore Group Holdings, Ltd.. is being filed on behalf of each of the undersigned in accordance with Rule 13d-1(k)(1). This agreement may be executed in two or more counterparts, each of which shall be deemed an original, but all of which together shall constitute one and the same instrument.

 

Dated:  February 10, 2022

 

  /s/ JASON MUDRICK
  JASON MUDRICK
       
  MUDRICK CAPITAL MANAGEMENT, L.P.
     
  By: Mudrick Capital Management, LLC, its general partner
     
  By: /s/ Jason Mudrick
  Name: Jason Mudrick
  Title: Sole Member
     
  MUDRICK DISTRESSED OPPORTUNITY FUND GLOBAL, L.P.
   
  By: Mudrick GP, LLC, its general partner
     
  By: /s/ Jason Mudrick
  Name: Jason Mudrick
  Title: Sole Member  
     
  MUDRICK GP, LLC
     
  By: /s/ Jason Mudrick
  Name: Jason Mudrick
  Title: Sole Member
   
  MUDRICK DISTRESSED OPPORTUNITY DRAWDOWN FUND GP, LLC
     
  By: /s/ Jason Mudrick
  Name: Jason Mudrick
  Title: Sole Member

 

21

 

 

  MUDRICK DISTRESSED OPPORTUNITY DRAWDOWN FUND II, L.P.
     
  By: Mudrick Distressed Opportunity Drawdown Fund II GP, LLC, its general partner
     
  By: /s/ Jason Mudrick
  Name: Jason Mudrick
  Title: Sole Member
     
  MUDRICK CAPITAL MANAGEMENT, LLC
     
  By: /s/ Jason Mudrick
  Name: Jason Mudrick
  Title: Sole Member
     
  MUDRICK DISTRESSED OPPORTUNITY DRAWDOWN FUND II SC, L.P.
     
  By: Verto Direct Opportunity GP, LLC, its general partner
     
  By: /s/ Jason Mudrick
  Name: Jason Mudrick
  Title: Sole Member
     
  MUDRICK DISTRESSED OPPORTUNITY DRAWDOWN FUND II, GP
     
  By: /s/ Jason Mudrick
  Name: Jason Mudrick
  Title: Sole Member

 

22

 

 

  MUDRICK DISTRESSED OPPORTUNITY 2020 DISLOCATION FUND, L.P.
     
  By: Mudrick Distressed Opportunity 2020 Dislocation Fund GP, LLC, its general partner
     
  By: /s/ Jason Mudrick
  Name: Jason Mudrick
  Title: Sole Member
     
  MUDRICK DISTRESSED OPPORTUNITY 2020 DISLOCATION FUND GP, LLC
     
  By: /s/ Jason Mudrick
  Name: Jason Mudrick
  Title: Sole Member
     
  MUDRICK DISTRESSED OPPORTUNITY SIF MASTER FUND, L.P.
     
  By: Mudrick Distressed Opportunity SIF Master Fund LLC, its general partner
     
  By: /s/ Jason Mudrick
  Name: Jason Mudrick
  Title: Sole Member
     
  MUDRICK DISTRESSED OPPORTUNITY SIF MASTER FUND GP, LLC
     
  By: /s/ Jason Mudrick
  Name: Jason Mudrick
  Title: Sole Member

 

23