Certain Class B Ordinary Shares of Cerberus Telecom Acquisition Corp. are subject to a Lock-Up Agreement Ending on 20-APR-2021.
April 19, 2021
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Certain Class B Ordinary Shares of Cerberus Telecom Acquisition Corp. are subject to a Lock-Up Agreement Ending on 20-APR-2021. These Class B Ordinary Shares will be under lockup for 181 days starting from 21-OCT-2020 to 20-APR-2021.
Details:
The company, its sponsor and officers and directors have agreed that they will not offer, sell, contract to sell, pledge or otherwise dispose of, directly or indirectly, without the prior written consent of the Morgan Stanley & Co. LLC and Deutsche Bank Securities Inc. for a period of 180 days after the date of this prospectus, any units, warrants, ordinary shares or any other securities convertible into, or exercisable, or exchangeable for, ordinary shares of the company.
KORE Group Holdings, Inc. is a global pure-play Internet of Things (IoT) hyperscaler and provider of IoT connectivity, solutions, and analytics. The Company is a global independent IoT enabler, delivering critical services globally to customers to deploy, manage, and scale their IoT application and use cases. It provides advanced connectivity services, location-based services, device solutions, and managed and professional services used in the development and support of IoT solutions and applications. It provides connectivity and IoT solutions to enterprise customers across five industry verticals, comprised of connected health, fleet management, asset monitoring, retail communications services and industrial IoT. The Company has built a platform to serve its clients in three areas: connectivity-as-a-service (CaaS), IoT managed services/solutions, and analytics, which the Company refers to as CSA, or connectivity, solutions, and analytics.