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Kairous Acquisition Corp. (NASDAQ: KACL) announced that its IPO sponsor, Kairous Asia , has deposited $50,000 into the company's trust account to extend its business combination completion period by one month. The extension moves the deadline from November 16, 2024 to December 16, 2024.
The company issued a promissory note to the sponsor for the deposited amount, which bears no interest and will convert into ordinary shares at $10.10 per share upon completion of a business combination. This extension aims to provide additional time for the company to complete its business combination.
Kairous Acquisition Corp. (NASDAQ: KACL), a special purpose acquisition company, has announced an extension to its business combination deadline. The company's initial public offering sponsor, Kairous Asia , has deposited $50,000 into the Company's trust account to extend the completion period by one month, from October 16, 2024 to November 16, 2024.
In exchange for the deposit, the Company issued a promissory note to the Sponsor. This note bears no interest and will be converted into ordinary shares at $10.10 per share upon the closing of a business combination. The extension aims to provide additional time for the Company to complete its business combination process.
Kairous Acquisition Corp. (NASDAQ: KACL), a special purpose acquisition company, has announced an extension to its deadline for completing a business combination. The company's sponsor, Kairous Asia , has deposited $50,000 into the Trust Account to extend the period by one month, from September 16, 2024, to October 16, 2024.
In exchange for the deposit, the company issued a promissory note to the sponsor. This note bears no interest and will be converted into ordinary shares at $10.10 per share upon the closing of a business combination. The extension aims to provide additional time for Kairous Acquisition Corp. to complete its business combination process.
Kairous Acquisition Corp. (NASDAQ: KACL), a special purpose acquisition company, has announced an extension to its business combination deadline. The company's sponsor, Kairous Asia , has deposited $50,000 into the Trust Account to extend the completion period by one month, from August 16, 2024, to September 16, 2024.
In exchange for the deposit, the company issued a promissory note to the sponsor. This note bears no interest and will be converted into ordinary shares at $10.10 per share upon the closing of a business combination. The extension aims to provide additional time for Kairous Acquisition Corp. to finalize a business combination.
Kairous Acquisition Corp. (NASDAQ: KACL), a special purpose acquisition company, has announced an extension to its business combination deadline. The company's sponsor, Kairous Asia , has deposited $50,000 into the Trust Account to extend the period for completing a business combination by one month, from July 16, 2024 to August 16, 2024.
In exchange for the deposit, the Company issued a promissory note to the Sponsor. This note bears no interest and will be converted into ordinary shares at $10.10 per share upon the closing of a business combination. The extension aims to provide additional time for Kairous Acquisition Corp. to finalize a business combination.
On June 17, 2024, Kairous Acquisition Corp. (NASDAQ: KACL) announced an additional $50,000 deposit into its trust account by Kairous Asia , the company's IPO sponsor. This deposit extends the deadline to complete a business combination from June 16, 2024, to July 16, 2024. Kairous Acquisition issued a promissory note to the sponsor for the deposited amount, which will convert to ordinary shares at $10.10 per share upon closing a business combination. The extension aims to provide more time to finalize a business combination.
Kairous Acquisition Corp. (NASDAQ: KACLU) announced an additional $50,000 deposit into its trust account to extend the period for completing a business combination. This extension moves the deadline from May 16, 2024, to June 16, 2024. The deposit, made by Kairous Asia , the company's IPO sponsor, is documented via a promissory note. This note bears no interest and will convert into shares at a price of $10.10 per share upon successful completion of a business combination. The extension aims to provide Kairous Acquisition Corp. more time to finalize a business merger.
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