# EDGAR Filing Document

**Accession Number:** 0001855457
**File Stem:** 0001341004-23-000047
**Filing Date:** 2023-2
**Character Count:** 30984
**Document Hash:** 34450a5c1f7e3c1a42d5f83a4468a2e2
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001341004-23-000047.hdr.sgml**: 20230210

**ACCESSION NUMBER**: 0001341004-23-000047

**CONFORMED SUBMISSION TYPE**: SC 13G/A

**PUBLIC DOCUMENT COUNT**: 1

**FILED AS OF DATE**: 20230210

**DATE AS OF CHANGE**: 20230210

**GROUP MEMBERS**: DRAWBRIDGE SPECIAL OPPORTUNITIES ADVISORS LLC

**GROUP MEMBERS**: DRAWBRIDGE SPECIAL OPPORTUNITIES FUND LP

**GROUP MEMBERS**: DRAWBRIDGE SPECIAL OPPORTUNITIES GP LLC

**GROUP MEMBERS**: FIG CORP.

**GROUP MEMBERS**: FIG LLC

**GROUP MEMBERS**: FORTRESS LENDING ADVISORS II LLC

**GROUP MEMBERS**: FORTRESS LENDING II HOLDINGS L.P.

**GROUP MEMBERS**: FORTRESS OPERATING ENTITY I LP

**SUBJECT COMPANY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** KORE Group Holdings, Inc.
- **CENTRAL INDEX KEY:** 0001855457
- **STANDARD INDUSTRIAL CLASSIFICATION:** TELEPHONE COMMUNICATIONS (NO RADIO TELEPHONE) [4813]
- **IRS NUMBER:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** SC 13G/A
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 005-92916
- **FILM NUMBER:** 23612225

**BUSINESS ADDRESS:**
- **STREET 1:** 3 RAVINIA DRIVE NE
- **STREET 2:** SUITE 500
- **CITY:** ATLANTA
- **STATE:** GA
- **ZIP:** 30346
- **BUSINESS PHONE:** 877-710-5673

**MAIL ADDRESS:**
- **STREET 1:** 3 RAVINIA DRIVE NE
- **STREET 2:** SUITE 500
- **CITY:** ATLANTA
- **STATE:** GA
- **ZIP:** 30346

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** King Pubco, Inc.
- **DATE OF NAME CHANGE:** 20210406
**FILED BY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Fortress Investment Group LLC
- **CENTRAL INDEX KEY:** 0001380393
- **STANDARD INDUSTRIAL CLASSIFICATION:** INVESTMENT ADVICE [6282]
- **IRS NUMBER:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** SC 13G/A

**BUSINESS ADDRESS:**
- **STREET 1:** 1345 AVENUE OF THE AMERICAS
- **STREET 2:** 46TH FLOOR
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10105
- **BUSINESS PHONE:** 212-798-6100

**MAIL ADDRESS:**
- **STREET 1:** 1345 AVENUE OF THE AMERICAS
- **STREET 2:** 46TH FLOOR
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10105

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Fortress Investment Group Holdings LLC
- **DATE OF NAME CHANGE:** 20061107

------

#### UNITED STATES

#### SECURITIES AND EXCHANGE COMMISSION

#### WASHINGTON, D.C. 20549

### SCHEDULE 13G

#### UNDER THE SECURITIES EXCHANGE ACT OF 1934

#### (Amendment No. 2)\*

### KORE Group Holdings, Inc.
(Name of Issuer)

#### Common Stock
(Title of Class of Securities)

#### 50066V107
(CUSIP Number)

#### December 31, 2022
(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)

---

| | |
|:---|:---|
| **☑** | 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 disclosure 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 the section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

------

CUSIP No. <u> 50066V107 </u>

---

| | |
|:---|:---|
| **1** | NAME OF REPORTING PERSON<br>Drawbridge Special Opportunities Fund LP |
| **2** | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP<br> (a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **☐**<br> (b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **☐** |
| **3** | SEC USE ONLY |
| **4** | CITIZENSHIP OR PLACE OF ORGANIZATION<br> Delaware |

---

---

| | | |
|:---|:---|:---|
| NUMBER OF SHARES<br> BENEFICIALLY<br> OWNED BY<br> EACH<br> REPORTING<br> PERSON<br> WITH | **5** | SOLE VOTING POWER<br> 0 |
| NUMBER OF SHARES<br> BENEFICIALLY<br> OWNED BY<br> EACH<br> REPORTING<br> PERSON<br> WITH | **6** | SHARED VOTING POWER<br> 4,241,097 |
| NUMBER OF SHARES<br> BENEFICIALLY<br> OWNED BY<br> EACH<br> REPORTING<br> PERSON<br> WITH | **7** | SOLE DISPOSITIVE POWER<br> 0 |
| NUMBER OF SHARES<br> BENEFICIALLY<br> OWNED BY<br> EACH<br> REPORTING<br> PERSON<br> WITH | **8** | SHARED DISPOSITIVE POWER<br> 4,241,097 |

---

---

| | |
|:---|:---|
| **9** | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON<br> 4,241,097 |
| **10** | CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES<br> **☐** |
| **11** | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9<br> 5.3%<sup>1</sup> |
| **12** | TYPE OF REPORTING PERSON<br> PN |

---

________________________

<sup>1</sup> The percentage of Common Stock (as defined below in Item 2(d)) is based on 76,289,741 shares outstanding as of November 11, 2022, as reported by the Issuer in its Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on November 14, 2022, plus the following: (i) 182,465 shares issuable upon the exercise of certain warrants; and (ii) 3,475,040 shares issuable upon the conversion of certain notes.

------

CUSIP No. <u> 50066V107 </u>

---

| | |
|:---|:---|
| **1** | NAME OF REPORTING PERSON<br>Drawbridge Special Opportunities GP LLC |
| **2** | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP<br> (a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **☐**<br> (b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **☐** |
| **3** | SEC USE ONLY |
| **4** | CITIZENSHIP OR PLACE OF ORGANIZATION<br> Delaware |

---

---

| | | |
|:---|:---|:---|
| NUMBER OF SHARES<br> BENEFICIALLY<br> OWNED BY<br> EACH<br> REPORTING<br> PERSON<br> WITH | **5** | SOLE VOTING POWER<br> 0 |
| NUMBER OF SHARES<br> BENEFICIALLY<br> OWNED BY<br> EACH<br> REPORTING<br> PERSON<br> WITH | **6** | SHARED VOTING POWER<br> 4,241,097<sup>1</sup> |
| NUMBER OF SHARES<br> BENEFICIALLY<br> OWNED BY<br> EACH<br> REPORTING<br> PERSON<br> WITH | **7** | SOLE DISPOSITIVE POWER<br> 0 |
| NUMBER OF SHARES<br> BENEFICIALLY<br> OWNED BY<br> EACH<br> REPORTING<br> PERSON<br> WITH | **8** | SHARED DISPOSITIVE POWER<br> 4,241,097<sup>1</sup> |

---

---

| | |
|:---|:---|
| **9** | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON<br> 4,241,097 |
| **10** | CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES<br> **☐** |
| **11** | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9<br> 5.3%<sup>2</sup> |
| **12** | TYPE OF REPORTING PERSON<br> OO, HC |

---

________________________

<sup>1</sup> Solely in its capacity as the general partner of Drawbridge Special Opportunities Fund LP.

<sup>2</sup> The percentage of Common Stock is based on 76,289,741 shares outstanding as of November 11, 2022, as reported by the Issuer in its Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on November 14, 2022, plus the following: (i) 182,465 shares issuable upon the exercise of certain warrants; and (ii) 3,475,040 shares issuable upon the conversion of certain notes.

------

CUSIP No. <u> 50066V107 </u>

---

| | |
|:---|:---|
| **1** | NAME OF REPORTING PERSON<br>Drawbridge Special Opportunities Advisors LLC |
| **2** | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP<br> (a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **☐**<br> (b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **☐** |
| **3** | SEC USE ONLY |
| **4** | CITIZENSHIP OR PLACE OF ORGANIZATION<br> Delaware |

---

---

| | | |
|:---|:---|:---|
| NUMBER OF SHARES<br> BENEFICIALLY<br> OWNED BY<br> EACH<br> REPORTING<br> PERSON<br> WITH | **5** | SOLE VOTING POWER<br> 0 |
| NUMBER OF SHARES<br> BENEFICIALLY<br> OWNED BY<br> EACH<br> REPORTING<br> PERSON<br> WITH | **6** | SHARED VOTING POWER<br> 5,168,560<sup>1</sup> |
| NUMBER OF SHARES<br> BENEFICIALLY<br> OWNED BY<br> EACH<br> REPORTING<br> PERSON<br> WITH | **7** | SOLE DISPOSITIVE POWER<br> 0 |
| NUMBER OF SHARES<br> BENEFICIALLY<br> OWNED BY<br> EACH<br> REPORTING<br> PERSON<br> WITH | **8** | SHARED DISPOSITIVE POWER<br> 5,168,560<sup>1</sup> |

---

---

| | |
|:---|:---|
| **9** | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON<br> 5,168,560 |
| **10** | CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES<br> **☐** |
| **11** | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9<br> 6.4%<sup>2</sup> |
| **12** | TYPE OF REPORTING PERSON<br> OO, IA |

---

________________________

<sup>1</sup> Solely in its capacity as the investment adviser to certain investment funds, including Drawbridge Special Opportunities Fund LP, that hold shares of Common Stock, warrants exercisable for Common Stock, and notes convertible into Common Stock.

<sup>2</sup> The percentage of Common Stock is based on 76,289,741 shares outstanding as of November 11, 2022, as reported by the Issuer in its Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on November 14, 2022, plus the following: (i) 257,292 shares issuable upon the exercise of certain warrants; and (ii) 4,096,720 shares issuable upon the conversion of certain notes.

------

CUSIP No. <u> 50066V107 </u>

---

| | |
|:---|:---|
| **1** | NAME OF REPORTING PERSON<br>Fortress Lending II Holdings L.P. |
| **2** | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP<br> (a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **☐**<br> (b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **☐** |
| **3** | SEC USE ONLY |
| **4** | CITIZENSHIP OR PLACE OF ORGANIZATION<br> Cayman Islands |

---

---

| | | |
|:---|:---|:---|
| NUMBER OF SHARES<br> BENEFICIALLY<br> OWNED BY<br> EACH<br> REPORTING<br> PERSON<br> WITH | **5** | SOLE VOTING POWER<br> 0 |
| NUMBER OF SHARES<br> BENEFICIALLY<br> OWNED BY<br> EACH<br> REPORTING<br> PERSON<br> WITH | **6** | SHARED VOTING POWER<br> 4,623,665 |
| NUMBER OF SHARES<br> BENEFICIALLY<br> OWNED BY<br> EACH<br> REPORTING<br> PERSON<br> WITH | **7** | SOLE DISPOSITIVE POWER<br> 0 |
| NUMBER OF SHARES<br> BENEFICIALLY<br> OWNED BY<br> EACH<br> REPORTING<br> PERSON<br> WITH | **8** | SHARED DISPOSITIVE POWER<br> 4,623,665 |

---

---

| | |
|:---|:---|
| **9** | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON<br> 4,623,665 |
| **10** | CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES<br> **☐** |
| **11** | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9<br> 5.7%<sup>1</sup> |
| **12** | TYPE OF REPORTING PERSON<br> PN |

---

________________________

<sup>1</sup> The percentage of Common Stock is based on 76,289,741 shares outstanding as of November 11, 2022, as reported by the Issuer in its Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on November 14, 2022, plus 4,576,000 shares issuable upon the conversion of certain notes.

------

CUSIP No. <u> 50066V107 </u>

---

| | |
|:---|:---|
| **1** | NAME OF REPORTING PERSON<br>Fortress Lending Advisors II LLC |
| **2** | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP<br> (a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **☐**<br> (b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **☐** |
| **3** | SEC USE ONLY |
| **4** | CITIZENSHIP OR PLACE OF ORGANIZATION<br> Delaware |

---

---

| | | |
|:---|:---|:---|
| NUMBER OF SHARES<br> BENEFICIALLY<br> OWNED BY<br> EACH<br> REPORTING<br> PERSON<br> WITH | **5** | SOLE VOTING POWER<br> 0 |
| NUMBER OF SHARES<br> BENEFICIALLY<br> OWNED BY<br> EACH<br> REPORTING<br> PERSON<br> WITH | **6** | SHARED VOTING POWER<br> 4,623,665<sup>1</sup> |
| NUMBER OF SHARES<br> BENEFICIALLY<br> OWNED BY<br> EACH<br> REPORTING<br> PERSON<br> WITH | **7** | SOLE DISPOSITIVE POWER<br> 0 |
| NUMBER OF SHARES<br> BENEFICIALLY<br> OWNED BY<br> EACH<br> REPORTING<br> PERSON<br> WITH | **8** | SHARED DISPOSITIVE POWER<br> 4,623,665<sup>1</sup> |

---

---

| | |
|:---|:---|
| **9** | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON<br> 4,623,665 |
| **10** | CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES<br> **☐** |
| **11** | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9<br> 5.7%<sup>2</sup> |
| **12** | TYPE OF REPORTING PERSON<br> OO, IA |

---

________________________

<sup>1</sup> Solely in its capacity as the investment adviser to Fortress Lending II Holdings L.P.

<sup>2</sup> The percentage of Common Stock is based on 76,289,741 shares outstanding as of November 11, 2022, as reported by the Issuer in its Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on November 14, 2022, plus 4,576,000 shares issuable upon the conversion of certain notes.

------

CUSIP No. <u> 50066V107 </u>

---

| | |
|:---|:---|
| **1** | NAME OF REPORTING PERSON<br>FIG LLC |
| **2** | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP<br> (a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **☐**<br> (b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **☐** |
| **3** | SEC USE ONLY |
| **4** | CITIZENSHIP OR PLACE OF ORGANIZATION<br> Delaware |

---

---

| | | |
|:---|:---|:---|
| NUMBER OF SHARES<br> BENEFICIALLY<br> OWNED BY<br> EACH<br> REPORTING<br> PERSON<br> WITH | **5** | SOLE VOTING POWER<br> 0 |
| NUMBER OF SHARES<br> BENEFICIALLY<br> OWNED BY<br> EACH<br> REPORTING<br> PERSON<br> WITH | **6** | SHARED VOTING POWER<br> 8,343,954<sup>1</sup> |
| NUMBER OF SHARES<br> BENEFICIALLY<br> OWNED BY<br> EACH<br> REPORTING<br> PERSON<br> WITH | **7** | SOLE DISPOSITIVE POWER<br> 0 |
| NUMBER OF SHARES<br> BENEFICIALLY<br> OWNED BY<br> EACH<br> REPORTING<br> PERSON<br> WITH | **8** | SHARED DISPOSITIVE POWER<br> 8,343,954<sup>1</sup> |

---

---

| | |
|:---|:---|
| **9** | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON<br> 8,343,954 |
| **10** | CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES<br> **☑** |
| **11** | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9<br> 9.99%<sup>2</sup> |
| **12** | TYPE OF REPORTING PERSON<br> OO, HC |

---

________________________

<sup>1</sup> Solely in its capacity as the holder of all membership interests in certain investment advisers, including Drawbridge Special Opportunities Advisors LLC and Fortress Lending Advisors II LLC, that may be deemed to beneficially own shares of Common Stock, warrants exercisable for Common Stock, and notes convertible into Common Stock.

<sup>2</sup> The percentage of Common Stock is based on 76,289,741 shares outstanding as of November 11, 2022, as reported by the Issuer in its Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on November 14, 2022, plus the following: (i) 336,877 shares issuable upon the exercise of certain warrants; and (ii) 6,896,446 shares issuable upon the conversion of certain notes due to the Ownership Limitation (as defined below in Item 4).

------

CUSIP No. <u> 50066V107 </u>

---

| | |
|:---|:---|
| **1** | NAME OF REPORTING PERSON<br>Fortress Operating Entity I LP |
| **2** | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP<br> (a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **☐**<br> (b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **☐** |
| **3** | SEC USE ONLY |
| **4** | CITIZENSHIP OR PLACE OF ORGANIZATION<br> Delaware |

---

---

| | | |
|:---|:---|:---|
| NUMBER OF SHARES<br> BENEFICIALLY<br> OWNED BY<br> EACH<br> REPORTING<br> PERSON<br> WITH | **5** | SOLE VOTING POWER<br> 0 |
| NUMBER OF SHARES<br> BENEFICIALLY<br> OWNED BY<br> EACH<br> REPORTING<br> PERSON<br> WITH | **6** | SHARED VOTING POWER<br> 8,343,954<sup>1</sup> |
| NUMBER OF SHARES<br> BENEFICIALLY<br> OWNED BY<br> EACH<br> REPORTING<br> PERSON<br> WITH | **7** | SOLE DISPOSITIVE POWER<br> 0 |
| NUMBER OF SHARES<br> BENEFICIALLY<br> OWNED BY<br> EACH<br> REPORTING<br> PERSON<br> WITH | **8** | SHARED DISPOSITIVE POWER<br> 8,343,954<sup>1</sup> |

---

---

| | |
|:---|:---|
| **9** | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON<br> 8,343,954 |
| **10** | CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES<br> **☑** |
| **11** | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9<br> 9.99%<sup>2</sup> |
| **12** | TYPE OF REPORTING PERSON<br> PN, HC |

---

________________________

<sup>1</sup> Solely in its capacity as the holder of all of the issued and outstanding membership interests of FIG LLC and as the indirect parent of the general partners of certain investment funds that hold shares of Common Stock, warrants exercisable for Common Stock, and notes convertible into Common Stock.

<sup>2</sup> The percentage of Common Stock is based on 76,289,741 shares outstanding as of November 11, 2022, as reported by the Issuer in its Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on November 14, 2022, plus the following: (i) 336,877 shares issuable upon the exercise of certain warrants; and (ii) 6,896,446 shares issuable upon the conversion of certain notes due to the Ownership Limitation (as defined below in Item 4).

------

CUSIP No. <u> 50066V107 </u>

---

| | |
|:---|:---|
| **1** | NAME OF REPORTING PERSON<br>FIG Corp. |
| **2** | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP<br> (a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **☐**<br> (b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **☐** |
| **3** | SEC USE ONLY |
| **4** | CITIZENSHIP OR PLACE OF ORGANIZATION<br> Delaware |

---

---

| | | |
|:---|:---|:---|
| NUMBER OF SHARES<br> BENEFICIALLY<br> OWNED BY<br> EACH<br> REPORTING<br> PERSON<br> WITH | **5** | SOLE VOTING POWER<br> 0 |
| NUMBER OF SHARES<br> BENEFICIALLY<br> OWNED BY<br> EACH<br> REPORTING<br> PERSON<br> WITH | **6** | SHARED VOTING POWER<br> 8,343,954<sup>1</sup> |
| NUMBER OF SHARES<br> BENEFICIALLY<br> OWNED BY<br> EACH<br> REPORTING<br> PERSON<br> WITH | **7** | SOLE DISPOSITIVE POWER<br> 0 |
| NUMBER OF SHARES<br> BENEFICIALLY<br> OWNED BY<br> EACH<br> REPORTING<br> PERSON<br> WITH | **8** | SHARED DISPOSITIVE POWER<br> 8,343,954<sup>1</sup> |

---

---

| | |
|:---|:---|
| **9** | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON<br> 8,343,954 |
| **10** | CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES<br> **☑** |
| **11** | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9<br> 9.99%<sup>2</sup> |
| **12** | TYPE OF REPORTING PERSON<br> CO, HC |

---

________________________

<sup>1</sup> Solely in its capacity as the general partner of Fortress Operating Entity I LP.

<sup>2</sup> The percentage of Common Stock is based on 76,289,741 shares outstanding as of November 11, 2022, as reported by the Issuer in its Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on November 14, 2022, plus the following: (i) 336,877 shares issuable upon the exercise of certain warrants; and (ii) 6,896,446 shares issuable upon the conversion of certain notes due to the Ownership Limitation (as defined below in Item 4).

------

CUSIP No. <u> 50066V107 </u>

---

| | |
|:---|:---|
| **1** | NAME OF REPORTING PERSON<br>Fortress Investment Group LLC |
| **2** | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP<br> (a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **☐**<br> (b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; **☐** |
| **3** | SEC USE ONLY |
| **4** | CITIZENSHIP OR PLACE OF ORGANIZATION<br> Delaware |

---

---

| | | |
|:---|:---|:---|
| NUMBER OF SHARES<br> BENEFICIALLY<br> OWNED BY<br> EACH<br> REPORTING<br> PERSON<br> WITH | **5** | SOLE VOTING POWER<br> 0 |
| NUMBER OF SHARES<br> BENEFICIALLY<br> OWNED BY<br> EACH<br> REPORTING<br> PERSON<br> WITH | **6** | SHARED VOTING POWER<br> 8,343,954<sup>1</sup> |
| NUMBER OF SHARES<br> BENEFICIALLY<br> OWNED BY<br> EACH<br> REPORTING<br> PERSON<br> WITH | **7** | SOLE DISPOSITIVE POWER<br> 0 |
| NUMBER OF SHARES<br> BENEFICIALLY<br> OWNED BY<br> EACH<br> REPORTING<br> PERSON<br> WITH | **8** | SHARED DISPOSITIVE POWER<br> 8,343,954<sup>1</sup> |

---

---

| | |
|:---|:---|
| **9** | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON<br> 8,343,954 |
| **10** | CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES<br> **☑** |
| **11** | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9<br> 9.99%<sup>2</sup> |
| **12** | TYPE OF REPORTING PERSON<br> OO, HC |

---

________________________

<sup>1</sup> Solely in its capacity as the holder of all issued and outstanding shares of FIG Corp.

<sup>2</sup> The percentage of Common Stock is based on 76,289,741 shares outstanding as of November 11, 2022, as reported by the Issuer in its Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on November 14, 2022, plus the following: (i) 336,877 shares issuable upon the exercise of certain warrants; and (ii) 6,896,446 shares issuable upon the conversion of certain notes due to the Ownership Limitation (as defined below in Item 4).

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|:---|:---|
| **Item 1(a)** | **Name of Issuer** |

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The name of the issuer is KORE Group Holdings, Inc. (the "Issuer").

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|:---|:---|
| **Item 1(b)** | **Address of Issuer's Principal Executive Offices** |

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The Issuer's principal executive offices are located at: 3 Ravinia Drive NE, Suite 500, Atlanta, GA, 30346.

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| | |
|:---|:---|
| **Item 2(a)** | **Name of Person Filing** |

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This statement is filed by (collectively, the "Reporting Persons"):

<br> (i) Drawbridge Special Opportunities Fund LP, a Delaware limited partnership, which directly holds shares of Common Stock (as defined below), warrants exercisable for Common Stock and notes convertible into Common Stock;

<br> (ii) Drawbridge Special Opportunities GP LLC, a Delaware limited liability company, which is the general partner of Drawbridge Special Opportunities Fund LP and may therefore be deemed to beneficially own the Common Stock beneficially owned thereby;

(iii) Drawbridge Special Opportunities Advisors LLC, a Delaware limited liability company, which is the investment adviser to certain investment funds (including Drawbridge Special Opportunities Fund LP) that hold shares of Common Stock, warrants exercisable for Common Stock and notes convertible into Common Stock and may therefore be deemed to beneficially own the Common Stock beneficially owned thereby;

<br> (iv) Fortress Lending II Holdings L.P., a Cayman Islands exempted limited partnership, which directly holds shares of Common Stock and notes convertible into Common Stock;

<br> (v) Fortress Lending Advisors II LLC, a Delaware limited liability company, which is the investment adviser to Fortress Lending II Holdings L.P. and may therefore be deemed to beneficial own the Common Stock beneficially owned thereby;

(vi) FIG LLC, a Delaware limited liability company, which is the holder of all membership interests in investment advisers (including Drawbridge Special Opportunities Advisors LLC and Fortress Lending Advisors II LLC) to certain investment funds that hold shares of Common Stock, warrants exercisable for Common Stock and notes convertible into Common Stock and may therefore be deemed to beneficially own the Common Stock beneficially owned thereby;

(vii) Fortress Operating Entity I LP, a Delaware limited partnership, which is (i) the holder of all of the issued and outstanding membership interests of FIG LLC and (ii) the indirect parent of the general partners (including Drawbridge Special Opportunities GP LLC) of certain investment funds that hold shares of Common Stock, warrants exercisable for Common Stock and notes convertible into Common Stock and may therefore be deemed to beneficially own the Common Stock beneficially owned thereby;

<br> (viii) FIG Corp., a Delaware corporation, which is the general partner of Fortress Operating Entity I LP and may therefore be deemed to beneficially own the Common Stock beneficially owned thereby; and

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<br> (ix) Fortress Investment Group LLC, a Delaware limited liability company, which is the holder of all of the issued and outstanding shares of FIG Corp. and may therefore be deemed to beneficially own the Common Stock beneficially owned thereby.

The Joint Filing Agreement among the Reporting Persons to file this Amendment No. 2 to Schedule 13G jointly in accordance with Rule 13d-1(k) of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), was filed as Exhibit A to Schedule 13G filed by the Reporting Persons on November 8, 2021, and is incorporated herein by reference.

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|:---|:---|
| **Item 2(b)** | **Address of Principal Business Office or, if None, Residence** |

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The address of the principal business office of each Reporting Person is: c/o Fortress Investment Group LLC, 1345 Avenue of the Americas, 46th Floor, New York, NY 10105.

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|:---|:---|
| **Item 2(c)** | **Citizenship** |

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See Item 4 of each of the cover pages.

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|:---|:---|
| **Item 2(d)** | **Title of Class of Securities** |

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Common Stock, par value $0.0001 per share ("Common Stock").

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|:---|:---|
| **Item 2(e)** | **CUSIP No.** |

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50066V107

**Item 3.** **If This Statement is Filed Pursuant to §§240.13d-1(b) or 240.13d-2(b) or (c), Check Whether the Person Filing is a:**<br>

(a) **☐** Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o).

(b) **☐** Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c).

(c) **☐** Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c).

(d) **☐** Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8).

(e) **☐** An investment adviser in accordance with §240.13d-1(b)(1)(ii)(E).

(f) **☐** An employee benefit plan or endowment fund in accordance with §240.13d-1(b)(1)(ii)(F).

(g) **☐** A parent holding company or control person in accordance with §240.13d-1(b)(1)(ii)(G).

(h) **☐** A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813).

(i) **☐** A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3).

(j) **☐** Group, in accordance with §240.13d-1(b)(1)(ii)(J).

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**Item 4.** **Ownership**<br>

(a) Amount Beneficially Owned: See Item 9 of each of the cover pages.

Due to the Ownership Limitation (as defined below), collectively, the Reporting Persons may be deemed to beneficially own 8,343,954 shares of Common Stock, consisting of: (i) 1,110,631 shares; (ii) warrants exercisable for 336,877 shares; and (iii) notes convertible into 6,896,446 shares.

The number of shares of Common Stock into which certain notes of the Issuer are convertible is limited pursuant to the terms of such notes to that number of shares of Common Stock that would result in the Reporting Persons and their affiliates having aggregate beneficial ownership of more than 9.99% of the total issued and outstanding shares of Common Stock (the "Ownership Limitation"). In accordance with Rule 13d-4 under the Exchange Act, the Reporting Persons disclaim beneficial ownership of any and all shares of Common Stock issuable upon any conversion of the notes of the Issuer to the extent that such conversion would cause the Reporting Persons' aggregate beneficial ownership to exceed or remain above the Ownership Limitation. Due to the Ownership Limitation, as of the date of this filing, the Reporting Persons disclaim beneficial ownership with respect to the remaining 2,703,554 shares of Common Stock into which such notes would otherwise be convertible.

(b) Percent of Class: See Item 11 of each of the cover pages.

<br> (c) Number of Shares as to which such person has:

(i) Sole power to vote or direct the vote: See Item 5 of each of the cover pages.

(ii) Shared power to vote or direct the vote: See Item 6 of each of the cover pages.

<br> (iii) Sole power to dispose or direct the disposition: See Item 7 of each of the cover pages.

<br> (iv) Shared power to dispose or direct the disposition: See Item 8 of each of the cover pages.

**Item 5.** **Ownership of Five Percent or Less of a Class**<br>

Not applicable.

**Item 6.** **Ownership of More Than Five Percent on Behalf of Another Person**<br>

Not applicable.

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

Not applicable.

**Item 8.** **Identification and Classification of Members of the Group**<br>

Not applicable.

**Item 9.** **Notice of Dissolution of Group**<br>

Not applicable.

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**Item 10.** **Certification**<br>

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.

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#### SIGNATURES
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, 2023

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| | |
|:---|:---|
| DRAWBRIDGE SPECIAL OPPORTUNITIES FUND LP | DRAWBRIDGE SPECIAL OPPORTUNITIES FUND LP |
| By: | DRAWBRIDGE SPECIAL OPPORTUNITIES GP LLC, its general partner |
| By: | /s/ David Brooks |
|  | Name: David Brooks |
|  | Title: Secretary |
| DRAWBRIDGE SPECIAL OPPORTUNITIES GP LLC | DRAWBRIDGE SPECIAL OPPORTUNITIES GP LLC |
| By: | /s/ David Brooks |
|  | Name: David Brooks |
|  | Title: Secretary |
| DRAWBRIDGE SPECIAL OPPORTUNITIES ADVISORS LLC | DRAWBRIDGE SPECIAL OPPORTUNITIES ADVISORS LLC |
| By: | /s/ David Brooks |
|  | Name: David Brooks |
|  | Title: Secretary |
| FORTRESS LENDING II HOLDINGS L.P. | FORTRESS LENDING II HOLDINGS L.P. |
| By: | FORTRESS LENDING ADVISORS II LLC, its investment adviser |
| By: | /s/ David Brooks |
|  | Name: David Brooks |
|  | Title: Secretary |
| FORTRESS LENDING ADVISORS II LLC | FORTRESS LENDING ADVISORS II LLC |
| By: | /s/ David Brooks |
|  | Name: David Brooks |
|  | Title: Secretary |

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| | |
|:---|:---|
| FIG LLC | FIG LLC |
| By: | /s/ David Brooks |
|  | Name: David Brooks |
|  | Title: Secretary |
| FORTRESS OPERATING ENTITY I LP | FORTRESS OPERATING ENTITY I LP |
| By: | FIG CORP., its general partner |
| By: | /s/ David Brooks |
|  | Name: David Brooks |
|  | Title: Secretary |
| FIG CORP. | FIG CORP. |
| By: | /s/ David Brooks |
|  | Name: David Brooks |
|  | Title: Secretary |
| FORTRESS INVESTMENT GROUP LLC | FORTRESS INVESTMENT GROUP LLC |
| By: | /s/ David Brooks |
|  | Name: David Brooks |
|  | Title: Secretary |

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