Kairous Acquisition Corp. Limited Announces Additional Contribution to Trust Account to Extend Period to Consummate Business Combination
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) ha annunciato che il suo sponsor per l'IPO, Kairous Asia, ha depositato $50,000 nel conto fiduciario dell'azienda per estendere il termine di completamento della combinazione aziendale di un mese. L'estensione sposta la scadenza dal 16 novembre 2024 al 16 dicembre 2024.
L'azienda ha emesso una cambiale allo sponsor per l'importo depositato, che non porta interessi e si convertirà in azioni ordinarie a $10.10 per azione al termine della combinazione aziendale. Questa estensione mira a fornire ulteriore tempo all'azienda per completare la sua combinazione aziendale.
Kairous Acquisition Corp. (NASDAQ: KACL) anunció que su patrocinador de la IPO, Kairous Asia, ha depositado $50,000 en la cuenta fiduciaria de la empresa para extender el período de finalización de la combinación empresarial por un mes. La extensión traslada la fecha límite del 16 de noviembre de 2024 al 16 de diciembre de 2024.
La empresa emitió un pagaré al patrocinador por el monto depositado, que no devenga intereses y se convertirá en acciones ordinarias a $10.10 por acción al completarse la combinación empresarial. Esta extensión tiene como objetivo proporcionar tiempo adicional a la empresa para completar su combinación empresarial.
Kairous Acquisition Corp. (NASDAQ: KACL)은 IPO 후원사인 Kairous Asia가 회사의 신탁 계좌에 $50,000를 입금하여 사업 결합 완료 기간을 한 달 연장했다고 발표했습니다. 이 연장은 마감일을 2024년 11월 16일에서 2024년 12월 16일로 이동시킵니다.
회사는 입금된 금액에 대해 후원사에 약속어음을 발행했으며, 이는 이자를 발생시키지 않으며 사업 결합이 완료될 때 주당 $10.10로 보통주로 전환됩니다. 이번 연장의 목적은 회사가 사업 결합을 완료할 수 있는 추가 시간을 제공하는 것입니다.
Kairous Acquisition Corp. (NASDAQ: KACL) a annoncé que son sponsor d'IPO, Kairous Asia, a déposé 50,000 $ sur le compte fiduciaire de l'entreprise pour prolonger d'un mois la période d'achèvement de la combinaison d'affaires. L'extension déplace la date limite du 16 novembre 2024 au 16 décembre 2024.
L'entreprise a émis une note de promesse au sponsor pour le montant déposé, qui ne porte pas d'intérêts et se convertira en actions ordinaires à 10,10 $ par action lors de l'achèvement d'une combinaison d'affaires. Cet allongement vise à fournir un temps supplémentaire à l'entreprise pour compléter sa combinaison d'affaires.
Kairous Acquisition Corp. (NASDAQ: KACL) gab bekannt, dass dessen IPO-Sponsor, Kairous Asia, $50,000 auf das Treuhandkonto des Unternehmens eingezahlt hat, um den Zeitraum für den Abschluss der Unternehmensfusion um einen Monat zu verlängern. Die Frist wird somit vom 16. November 2024 auf den 16. Dezember 2024 verschoben.
Das Unternehmen gab dem Sponsor eine Schuldverschreibung für den eingezahlten Betrag, die keine Zinsen trägt und bei Abschluss einer Unternehmensfusion zu einem Preis von $10,10 pro Aktie in Stammaktien umgewandelt wird. Diese Verlängerung soll dem Unternehmen zusätzliche Zeit geben, um die Unternehmensfusion abzuschließen.
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Singapore, Nov. 15, 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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