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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.
Andrew Hanson Vice President of Generations Wealth Management Interviewed on the Influential Entrepreneur Podcast Discussing Finding the Right Investment Vehicle 12-23-2024 11:30 PM CET | Business, Economy, Finances, Banking & Insurance Press release from: Getnews / PR Agency: Authority Press Wire Image: https://authoritypresswire.com/wp-content/uploads/2024/12/Andrew_Hanson__1___1_-removebg-preview.png Andrew Hanson discusses finding the right investment vehicle Listen to the interview on the Business Innovators Radio Network: https://businessinnovatorsradio.com/interview-with-andrew-hanson-vice-president-of-generations-wealth-management-discussing-finding-the-right-investment-vehicle/ Andrew Hanson, Vice President of Generations Wealth Management, discusses the importance of selecting the right investment vehicles for retirement. Andrew shares his unique journey into the financial services industry, which began eight years ago when he joined his family business. Despite initially feeling hesitant about entering a field dominated by numbers, Andrew's passion for community service and helping others, shaped by his volunteer work with Special Olympics and connections with military families in San Clemente, California, guided him toward a fulfilling career in finance. Building a strong relationship and understanding clients' individual goals is crucial for providing tailored investment advice and solutions. In the podcast episode featuring Andrew, this concept is emphasized as a foundational element of successful financial advising. Andrew highlights that establishing trust is essential in the financial services industry. Clients often come in feeling vulnerable, sharing their financial situations and concerns. A competent advisor must create an environment where clients feel safe and understood. This trust allows clients to open up about their fears and aspirations, which is vital for crafting personalized financial strategies. Each client has unique circumstances, goals, and concerns. Andrew points out that a one-size-fits-all approach does not work in financial planning. For instance, younger clients in their 30s and 40s may focus on budgeting, family planning, and long-term growth, while clients in their 60s and 70s may prioritize security, income stability, and legacy planning. By understanding these differences, advisors can tailor their recommendations to meet specific needs. Initial meetings with clients should focus on understanding their overall goals and what they envision for their future. Andrew emphasizes the importance of asking clients about their dreams, such as spending time with grandchildren or traveling. This goal-oriented approach helps advisors align investment strategies with clients' life aspirations, ensuring that the financial plan supports their desired lifestyle. Once an advisor understands a client's goals, they can recommend investment vehicles that align with those objectives. For example, Andrew discusses the use of fixed index annuities, which can be tailored to address specific concerns such as long-term care, income guarantees, or wealth transfer to heirs. This customization is only possible when the advisor has a deep understanding of the client's individual situation. Building a relationship with clients is not a one-time effort; it requires ongoing communication and check-ins. Andrew notes that as clients become more comfortable, they may prefer less frequent updates, trusting their advisor to manage their investments effectively. This dynamic allows for a more relaxed relationship while still ensuring that the advisor remains attuned to any changes in the client's life or goals. Life circumstances can change, and so can clients' goals. A strong relationship allows advisors to adapt their strategies as needed. For instance, if a client's financial situation changes due to a job loss or a new family member, the advisor can reassess and adjust the investment plan accordingly. Andrew shared: "As a trusted family-owned firm, we blend our deep-rooted values of integrity, trust, and reliability with innovative financial expertise. With a commitment to excellence, we strive to be the beacon of financial stability for generations to come, fostering prosperity and peace of mind within the families we serve" Video: https://www.youtube.com/embed/2kzHIL137G4?rel=0&modestbranding=0&rel=0&showinfo=1&controls=1&autohide=2&showinfo=0?ecver=2 Video Link: https://www.youtube.com/embed/2kzHIL137G4 About Two generations of trusted Hanson financial professionals serve multiple generations of clients concerned with financial goals, wealth management, safety, security, and estate planning. Richard Hanson, President of Generations Financial & Insurance Services, began his career in 1983. He is currently an educational speaker on retirement and money management. Mr. Hanson is Designated as a Certified Senior Advisor (CSA). He Currently Holds a membership with the National Association of Life Underwriters. 2011 Insurmark Hall of Fame Inductee. Andrew Hanson, Vice President of Generations Financial began his career in January 2016. He is the Head of Case Design Team & Digital Outreach. He hosts numerous Seminars educating our community on such subjects as; Social Security, RMD's, Asset Protection, Legacy Protection, College Funding and IRA / 401(k) Analysis. Learn more: https://www.generationswealthmgt.com/ Recent Interviews and News Richard Hanson discusses financial confidence in retirement: Richard Hanson President of Generations Wealth Management Interviewed on the Influential Entrepreneur Podcast Discussing Financial Confidence in Retirement [ https://authoritypresswire.com/richard-hanson-president-of-generations-wealth-management-interviewed-on-the-influential-entrepreneur-podcast-discussing-financial-confidence-in-retirement/ ] Richard Hanson discusses living retirement to the fullest: Richard Hanson President of Generations Wealth Management Interviewed on the Influential Entrepreneur Podcast Discussing Living Retirement to the Fullest [ https://authoritypresswire.com/richard-hanson-president-of-generations-wealth-management-interviewed-on-the-influential-entrepreneur-podcast-discussing-living-retirement-to-the-fullest/ ] Richard Hanson discusses overcoming fears of market volatility: Richard Hanson President of Generations Wealth Management Interviewed on the Influential Entrepreneur Podcast Discussing Overcoming Fears of Market Volatility Media Contact Company Name: Marketing Huddle, LLC Contact Person: Mike Saunders, MBA Email: Send Email [ http://www.universalpressrelease.com/?pr=andrew-hanson-vice-president-of-generations-wealth-management-interviewed-on-the-influential-entrepreneur-podcast-discussing-finding-the-right-investment-vehicle ] Phone: 7202323112 Country: United States Website: https://www.AuthorityPositioningCoach.com This release was published on openPR.
Defending champs UConn basketball falls to Memphis in Maui Invitational | Social reactionsWith the rise of the internet and smartphones, various dangers have emerged alongside the conveniences these technologies offer. While smartphones have simplified many tasks, they've also provided scammers and cyber criminals with new avenues to deceive people. In light of this, the Telecom Regulatory Authority of India (TRAI) has implemented several measures recently to safeguard individuals against scams and online fraud. One significant step TRAI has taken is to instruct telecom companies to enforce message traceability. This major decision was first announced in August, focusing on commercial messages and OTPs (One-Time Passwords). Initially, telecom companies were given a deadline of October 31 to enact these traceability measures, but this deadline was extended to November 31 following requests from major players like Jio, Airtel, VI, and BSNL. As the new deadline approaches, these companies must comply with TRAI's rules on tracking commercial and OTP messages. It's important to note that if Jio, Airtel, VI, and BSNL start implementing these traceability measures on December 1, OTP messages may experience delays. Consequently, if you are engaged in activities like banking or booking reservations, you could find yourself waiting longer for your OTP. TRAI's initiative stems from the realisation that scammers often exploit fake OTP messages to gain access to individuals' devices, resulting in significant financial losses. By enforcing this rule across all telecom companies, TRAI aims to protect consumers more effectively. In other news, Beginning January 1, 2025, a that will affect customers of Jio, Airtel, Vi, and BSNL. These regulations are aimed at accelerating the development of 5G infrastructure across the country. The government has recently introduced additional regulations under the Telecom Act, requiring all states to comply with these changes. This new guideline, referred to as the Right of Way (RoW), establishes standardised costs for telecom companies when deploying infrastructure nationwide. Currently, RoW rules differ from state to state, leading to varied charges for permissions and the establishment of infrastructure across the country.
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