KORE Group Holdings, Inc. Quarterly report pursuant to Section 13 or 15(d)

Temporary Equity and Stockholders' Equity (Tables)

9 Months Ended

Sep. 30, 2021

A summary of the accumulated but unpaid preferred dividends for the Series A, Series

A-1

and Series B preferred shares as of March 31, June 30, and September 30, 2021 and March 31, June 30, and September 30, 2020, is as follows:


(in ‘000)	Series A			Series A-1			Series B
Accumulated and unpaid, December 31, 2020	$	34,812		$	18,608		$	33,910
Accumulated		2,486			2,666			2,241
Distributed		—			—			—

Accumulated and unpaid, March 31, 2021	$	37,298		$	21,274		$	36,151

Accumulated		2,514			2,695			2,323

Distributed		—			—			—

Accumulated and unpaid, June 30, 2021	$	39,812		$	23,969		$	38,474

Accumulated		2,656			2,880			2,361

Distributed		(42,468	)		(26,849	)		(40,835	)

Accumulated and unpaid, September 30, 2021	$	—		$	—		$	—


(in ‘000)	Series A		Series A-1		Series B
Accumulated and unpaid, December 31, 2019	$	25,610	$	8,794	$	25,338
Accumulated		2,216		2,359		2,053
Distributed		—		—		—

Accumulated and unpaid, March 31, 2020	$	27,826	$	11,153	$	27,391

Accumulated		2,215		2,359		2,104

Distributed		—		—		—

Accumulated and unpaid, June 30, 2020	$	30,041	$	13,512	$	29,495

Accumulated		2,385		2,548		2,180

Distributed		—		—		—

Accumulated and unpaid, September 30, 2020		32,426		16,060		31,675