Kairous Acquisition Corp. Limited Announces Additional Contribution to Trust Account to Extend Period to Consummate Business Combination
Kairous Acquisition Corp. (NASDAQ: KACL) has announced that its IPO sponsor, Kairous Asia , has made a $50,000 deposit into the company's trust account. This deposit extends the company's deadline to complete a business combination by one month, moving from January 16, 2025 to February 16, 2025.
In exchange for the deposit, the company issued a non-interest-bearing promissory note to the sponsor. This note will be converted into ordinary shares at $10.10 per share when the company completes a business combination. The extension aims to provide additional time for the company to finalize a business combination transaction.
Kairous Acquisition Corp. (NASDAQ: KACL) ha annunciato che il suo sponsor per l'IPO, Kairous Asia, ha effettuato un deposito di $50.000 nel conto fiduciario dell'azienda. Questo deposito estende la scadenza dell'azienda per completare una fusione aziendale di un mese, spostando la data da 16 gennaio 2025 a 16 febbraio 2025.
In cambio del deposito, l'azienda ha emesso una cambiale senza interessi allo sponsor. Questa cambiale sarà convertita in azioni ordinarie a $10,10 per azione quando l'azienda completerà una fusione aziendale. L'estensione mira a fornire ulteriore tempo all'azienda per finalizzare una transazione di fusione aziendale.
Kairous Acquisition Corp. (NASDAQ: KACL) ha anunciado que su patrocinador de la IPO, Kairous Asia, ha realizado un depósito de $50,000 en la cuenta fiduciaria de la empresa. Este depósito extiende el plazo de la empresa para completar una combinación empresarial por un mes, pasando de 16 de enero de 2025 a 16 de febrero de 2025.
En cambio por el depósito, la empresa emitió una nota promisoria sin intereses al patrocinador. Esta nota se convertirá en acciones ordinarias a $10.10 por acción cuando la empresa complete una combinación empresarial. La extensión tiene como objetivo proporcionar tiempo adicional a la empresa para finalizar una transacción de combinación empresarial.
Kairous Acquisition Corp. (NASDAQ: KACL)는 IPO 스폰서인 Kairous Asia가 회사의 신탁 계좌에 $50,000의 예치금을 입금했다고 발표했습니다. 이 예치금은 회사가 사업 결합을 완료할 수 있는 기한을 한 달 연장하여 2025년 1월 16일에서 2025년 2월 16일로 변경합니다.
예치금에 대한 대가로 회사는 스폰서에게 이자가 없는 약속어음을 발행했습니다. 이 약속어음은 회사가 사업 결합을 완료할 때 $10.10 per 주식으로 보통주로 전환됩니다. 이 연장의 목적은 회사가 사업 결합 거래를 마무리할 수 있는 추가 시간을 제공하는 것입니다.
Kairous Acquisition Corp. (NASDAQ: KACL) a annoncé que son sponsor IPO, Kairous Asia, a effectué un dépôt de 50 000 $ sur le compte fiduciaire de l'entreprise. Ce dépôt prolonge le délai de l'entreprise pour compléter une combinaison d'affaires d'un mois, passant du 16 janvier 2025 au 16 février 2025.
En échange du dépôt, l'entreprise a émis une note de promesse sans intérêts au sponsor. Cette note sera convertie en actions ordinaires à 10,10 $ par action lorsque l'entreprise complétera une combinaison d'affaires. L'extension vise à fournir un temps supplémentaire à l'entreprise pour finaliser une transaction de combinaison d'affaires.
Kairous Acquisition Corp. (NASDAQ: KACL) hat bekannt gegeben, dass der IPO-Sponsor Kairous Asia eine Einzahlung von 50.000 $ auf das Treuhandkonto des Unternehmens vorgenommen hat. Diese Einzahlung verlängert die Frist des Unternehmens zur Durchführung einer Unternehmensfusion um einen Monat, und zwar von 16. Januar 2025 auf 16. Februar 2025.
Im Gegenzug für die Einzahlung hat das Unternehmen eine zinslose Schuldanerkennung an den Sponsor ausgegeben. Diese Schuldanerkennung wird in Stammaktien zu 10,10 $ pro Aktie umgewandelt, wenn das Unternehmen eine Unternehmensfusion durchführt. Die Verlängerung soll dem Unternehmen zusätzliche Zeit geben, um eine Transaktion zur Unternehmensfusion abzuschließen.
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Singapore, Jan. 21, 2025 (GLOBE NEWSWIRE) -- Kairous Acquisition Corp. Limited (NASDAQ: 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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