Kairous Acquisition Corp. Limited Announces Additional Contribution to Trust Account to Extend Period to Consummate Business Combination
Kairous Acquisition Corp (OTCPINK: KACL), a special purpose acquisition company, has announced that its IPO sponsor, Kairous Asia , has deposited $50,000 into the company's trust account to extend its business combination deadline.
This extension moves the completion deadline by one month, from March 16, 2025 to April 16, 2025. In exchange for the deposit, KACL issued a non-interest-bearing promissory note to the Sponsor, which will be convertible into ordinary shares at $10.10 per share upon successful completion of a business combination.
Kairous Acquisition Corp (OTCPINK: KACL), una società di acquisizione per scopi speciali, ha annunciato che il suo sponsor IPO, Kairous Asia, ha depositato $50.000 nel conto fiduciario della società per estendere la scadenza per la combinazione aziendale.
Questa estensione sposta la scadenza di completamento di un mese, dal 16 marzo 2025 al 16 aprile 2025. In cambio del deposito, KACL ha emesso una cambiale non fruttifera allo Sponsor, che sarà convertibile in azioni ordinarie a $10,10 per azione al termine con successo di una combinazione aziendale.
Kairous Acquisition Corp (OTCPINK: KACL), una compañía de adquisición de propósito especial, ha anunciado que su patrocinador de la OPI, Kairous Asia, ha depositado $50,000 en la cuenta fiduciaria de la compañía para extender el plazo de combinación empresarial.
Esta extensión mueve la fecha límite de finalización un mes, del 16 de marzo de 2025 al 16 de abril de 2025. A cambio del depósito, KACL emitió una nota promisoria sin intereses al patrocinador, que será convertible en acciones ordinarias a $10.10 por acción tras la finalización exitosa de una combinación empresarial.
Kairous Acquisition Corp (OTCPINK: KACL), 특별 목적 인수 회사,는 IPO 스폰서인 Kairous Asia가 회사의 신탁 계좌에 $50,000를 예치하여 사업 결합 마감일을 연장했다고 발표했습니다.
이번 연장은 완료 마감일을 한 달 연기하여 2025년 3월 16일에서 2025년 4월 16일로 변경합니다. 예치금에 대한 대가로 KACL은 스폰서에게 이자가 없는 약속어음을 발행했으며, 이는 사업 결합이 성공적으로 완료되면 $10.10 per share로 보통주로 전환될 수 있습니다.
Kairous Acquisition Corp (OTCPINK: KACL), une société d'acquisition à but spécial, a annoncé que son sponsor d'IPO, Kairous Asia, a déposé $50,000 sur le compte fiduciaire de la société pour prolonger la date limite de combinaison d'entreprise.
Cette extension déplace la date limite de finalisation d'un mois, du 16 mars 2025 au 16 avril 2025. En échange du dépôt, KACL a émis une note de promesse sans intérêt au Sponsor, qui sera convertible en actions ordinaires à $10,10 par action après la réussite d'une combinaison d'entreprise.
Kairous Acquisition Corp (OTCPINK: KACL), ein Unternehmen zur Übernahme zu besonderen Zwecken, hat bekannt gegeben, dass sein IPO-Sponsor, Kairous Asia, $50.000 auf das Treuhandkonto des Unternehmens eingezahlt hat, um die Frist für die Unternehmenszusammenführung zu verlängern.
Diese Verlängerung verschiebt die Abschlussfrist um einen Monat, vom 16. März 2025 auf 16. April 2025. Im Gegenzug für die Einzahlung hat KACL eine zinslose Schuldanerkennung an den Sponsor ausgegeben, die bei erfolgreichem Abschluss einer Unternehmenszusammenführung in Stammaktien zu $10,10 pro Aktie umgewandelt werden kann.
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Singapore, March 18, 2025 (GLOBE NEWSWIRE) -- Kairous Acquisition Corp. Limited (OTCPINK: KACL, the “Company”), a special purpose acquisition company, announced today that Kairous Asia Limited, the Company’s initial public offering sponsor (“Sponsor”), has deposited into the Company’s trust account (the “Trust Account”) an aggregate of
About Kairous Acquisition Corp. Limited
Kairous Acquisition Corp. Limited is a blank check company formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses.
Forward Looking Statements
This press release includes forward-looking statements that involve risks and uncertainties. Forward looking statements are statements that are not historical facts. Such forward-looking statements, including the successful consummation of the Company’s initial public offering, are subject to risks and uncertainties, which could cause actual results to differ from the forward looking statements. The Company expressly disclaims any obligations or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in the Company’s expectations with respect thereto or any change in events, conditions or circumstances on which any statement is based.
Contacts
Kairous Acquisition Corp. Limited
Athiwat Apichote
ir.kairous@gmail.com
FAQ
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