06:58 AM EST, 12/24/2024 (MT Newswires) -- KORE Group Holdings ( KORE ) said Monday it has been notified that its plan to regain compliance with the New York Stock Exchange minimum market capitalization and stockholders' equity rules has been accepted.

The exchange has given the company 18 months, beginning Sept. 12, 2024, to come into compliance

Shares of KORE Group ( KORE ) fell nearly 15% in recent premarket activity.