Quarterly report pursuant to Section 13 or 15(d)

WARRANTS ON COMMON STOCK

v3.23.1
WARRANTS ON COMMON STOCK
3 Months Ended
Mar. 31, 2023
Warrants and Rights Note Disclosure [Abstract]  
WARRANTS ON COMMON STOCK WARRANTS ON COMMON STOCK
Private Placement Warrants
The private placement warrants are measured quarterly at fair value (Level 1*) based on the closing price of KORE.WS. As of March 31, 2023, 272,779 private placement warrants remained outstanding with an aggregate value of $35.5 thousand based on the closing price of $0.13.
*Fair value estimates are based on quoted prices in active markets for identical assets or liabilities.