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 deposited $50,000 into the company's trust account to extend its business combination completion deadline. This extension moves the deadline from December 16, 2024 to January 16, 2025, providing an additional month for the company to complete a business combination.
In exchange for the deposit, the company issued a non-interest-bearing promissory note to the sponsor, which will be converted into ordinary shares at $10.10 per share upon successful completion of a business combination.
Kairous Acquisition Corp. (NASDAQ: KACL) ha annunciato che il suo sponsor per l'IPO, Kairous Asia , ha depositato $50.000 sul conto fiduciario della società per estendere la scadenza per il completamento della combinazione aziendale. Questa estensione sposta la scadenza dal 16 dicembre 2024 al 16 gennaio 2025, fornendo un mese aggiuntivo alla società per completare una combinazione aziendale.
In cambio del deposito, la società ha emesso una cambiale senza interessi allo sponsor, che verrà convertita in azioni ordinarie a $10,10 per azione al completamento con successo di una combinazione aziendale.
Kairous Acquisition Corp. (NASDAQ: KACL) ha anunciado que su patrocinador de la OPI, Kairous Asia , ha depositado $50,000 en la cuenta fiduciaria de la empresa para extender el plazo de finalización de la combinación empresarial. Esta extensión mueve la fecha límite del 16 de diciembre de 2024 al 16 de enero de 2025, proporcionando un mes adicional para que la empresa complete la combinación empresarial.
A cambio del depósito, la empresa emitió un pagaré sin intereses al patrocinador, que se convertirá en acciones ordinarias a $10.10 por acción una vez completada con éxito la combinación empresarial.
Kairous Acquisition Corp. (NASDAQ: KACL)는 IPO 스폰서인 Kairous Asia 가 회사의 신탁 계좌에 $50,000를 예치하여 사업 조합 완료 기한을 연장했다고 발표했습니다. 이 연장으로 기한이 2024년 12월 16일에서 2025년 1월 16일로 변경되어, 회사를 위해 사업 조합을 완료할 수 있는 추가 한 달이 제공됩니다.
예치금에 대한 대가로 회사는 스폰서에게 이자가 없는 지급 약속어음을 발행했으며, 이는 사업 조합을 성공적으로 완료할 경우 주당 $10.10에 보통주로 전환됩니다.
Kairous Acquisition Corp. (NASDAQ: KACL) a annoncé que son sponsor pour l'IPO, Kairous Asia , a déposé 50 000 $ sur le compte fiduciaire de l'entreprise pour prolonger la date limite de réalisation de la combinaison d'entreprise. Cette extension déplace la date limite du 16 décembre 2024 au 16 janvier 2025, offrant un mois supplémentaire à l'entreprise pour réaliser une combinaison d'entreprise.
En échange du dépôt, la société a émis une note de promesse sans intérêt au sponsor, qui sera convertie en actions ordinaires au prix de 10,10 $ par action lors de la réalisation réussie d'une combinaison d'entreprise.
Kairous Acquisition Corp. (NASDAQ: KACL) hat bekannt gegeben, dass der IPO-Sponsor, Kairous Asia , $50.000 auf das Treuhandkonto des Unternehmens eingezahlt hat, um die Frist für den Abschluss der Unternehmenszusammenführung zu verlängern. Diese Verlängerung verschiebt die Frist vom 16. Dezember 2024 auf den 16. Januar 2025, was dem Unternehmen einen zusätzlichen Monat gibt, um die Unternehmenszusammenführung abzuschließen.
Im Gegenzug für die Einzahlung gab das Unternehmen dem Sponsor einen zinslosen Schuldschein aus, der bei erfolgreichem Abschluss einer Unternehmenszusammenführung zu einem Preis von $10,10 pro Aktie in Stammaktien umgewandelt wird.
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Singapore, Dec. 18, 2024 (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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