Kernel Group Holdings Inc - KRNLU STOCK NEWS

Welcome to our dedicated page for Kernel Group Holdings news (Ticker: KRNLU), a resource for investors and traders seeking the latest updates and insights on Kernel Group Holdings stock.

Kernel Group Holdings Inc (symbol: KRNLU) is a blank check company focused on identifying a merger, capital stock exchange, asset acquisition, stock purchase, among others. Founded with the purpose to acquire one or more businesses, its mission is to provide shareholders with an opportunity to realize investment objectives through a business combination that maximizes value creation. With a team of experienced professionals, Kernel Group Holdings is dedicated to evaluating potential targets that align with its criteria, ensuring strategic growth and value appreciation.

12/04/2023 04:59 PM

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Kernel Group Holdings, Inc. Confirms Funding to Extend Period to Consummate Initial Business Combination

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Kernel Group Holdings, Inc. (NASDAQ: KRNLU, KRNL, KRNLW) deposited $150,000 into the Company’s Trust account for its public shareholders, extending the period of time for its initial business combination by one month. This is the fifth of six-monthly extensions permitted under the Company’s governing documents.

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11/07/2023 04:15 PM

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Kernel Group Holdings, Inc. Confirms Funding to Extend Period to Consummate Initial Business Combination

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Kernel Group Holdings, Inc. (NASDAQ: KRNLU, KRNL, KRNLW) Deposits $150,000 into Trust Account, Extends Business Combination Deadline by One Month

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10/05/2023 04:05 PM

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Kernel Group Holdings, Inc. Confirms Funding to Extend Period to Consummate Initial Business Combination

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Kernel Group Holdings extends the period for business combination

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09/07/2023 04:15 PM

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Kernel Group Holdings, Inc. Confirms Funding to Extend Period to Consummate Initial Business Combination

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Kernel Group Holdings, Inc. extends its initial business combination period by one month, depositing $150,000 into the Trust account for public shareholders.

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09/01/2023 04:50 PM

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Kernel Group Holdings, Inc. Regains Compliance with Certain Nasdaq Listing Requirement

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Kernel Group Holdings regains compliance with Nasdaq Listing Rule 5620(a) by holding annual meeting of shareholders on August 31, 2023.

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08/04/2023 08:00 AM

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Kernel Group Holdings, Inc. Announces Charter and Trust Agreement Amendments and Intention to Extend the Deadline to Complete a Business Combination to September 5, 2023

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Kernel Group Holdings, Inc. (NASDAQ: KRNLU, KRNL, KRNLW) announced amendments to its charter and trust agreement to change the structure and cost of obtaining extensions for completing its initial business combination. The first extension, from August 5, 2023, to September 5, 2023, was obtained by depositing $150,000 into the Trust Account. Shareholders have the right to redeem their public shares, with approximately $13.6 million being paid out for redemption. KRNL now has approximately $65.4 million left in its Trust Account.

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07/05/2023 04:05 PM

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Kernel Group Holdings, Inc. Confirms Funding to Extend Period to Consummate Initial Business Combination [UPDATED]

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Kernel Group Holdings, Inc. has deposited $300,000 into its Trust account, extending the period for its initial business combination by one month.

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06/05/2023 04:05 PM

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Kernel Group Holdings, Inc. Confirms Funding to Extend Period to Consummate Initial Business Combination

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05/05/2023 04:05 PM

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Kernel Group Holdings, Inc. Confirms Funding to Extend Period to Consummate Initial Business Combination

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04/11/2023 09:15 AM

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Kernel Group Holdings, Inc. (NASDAQ:KRNL) Announces Confidential Submission of Draft Registration Statement to the SEC in Connection with its Proposed Business Combination with AIRO Group Holdings, Inc.

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The AIRO Group, Inc. has submitted a confidential draft of a Form S-4 registration statement to the SEC for its proposed business combination with Kernel Group Holdings, Inc. (NASDAQ:KRNL). This transaction involves AIRO, a middle-market aerospace and defense company, becoming a wholly-owned subsidiary of AIRO Group. The completion of this merger is contingent upon various approvals, including stockholder consent and the effectiveness of the registration statement. Following the transaction's closure, AIRO's common stock and warrants will trade under the symbols 'AIRO' and 'AIROW' on Nasdaq. AIRO specializes in advanced avionics and electric air mobility, and boasts a presence in the US, Canada, and the EU.

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FAQ

What is the current stock price of Kernel Group Holdings (KRNLU)?

The current stock price of Kernel Group Holdings (KRNLU) is $11.03 as of February 7, 2025.

What is Kernel Group Holdings Inc's main focus?

Kernel Group Holdings Inc is a blank check company dedicated to identifying potential merger opportunities, capital stock exchanges, asset acquisitions, and stock purchases.

What is the purpose of Kernel Group Holdings Inc?

The company was founded with the purpose of acquiring one or more businesses to provide shareholders with an opportunity to realize investment objectives.

How does Kernel Group Holdings Inc create value for its shareholders?

Kernel Group Holdings Inc aims to create value for its shareholders through strategic business combinations that maximize value creation.

Who leads Kernel Group Holdings Inc?

The company is led by a team of experienced professionals who are dedicated to evaluating potential targets that align with its criteria.

What sets Kernel Group Holdings Inc apart from other companies?

Kernel Group Holdings Inc stands out for its focus on identifying potential merger opportunities and creating value for its shareholders through strategic growth.

What are the contact details for Kernel Group Holdings Inc?

For inquiries or more information, you can reach out to hd@kernelcap.com.

Does Kernel Group Holdings Inc have any recent achievements?

As a blank check company, Kernel Group Holdings Inc is constantly evaluating potential targets and opportunities for business combinations.

What is the mission of Kernel Group Holdings Inc?

The mission of Kernel Group Holdings Inc is to provide shareholders with an opportunity to realize investment objectives through strategic business combinations.

How does Kernel Group Holdings Inc ensure value appreciation?

By evaluating potential targets that align with its criteria, Kernel Group Holdings Inc aims to ensure value appreciation for its shareholders through strategic growth.

What is the focus of Kernel Group Holdings Inc's team of professionals?

The team of professionals at Kernel Group Holdings Inc is dedicated to identifying potential targets that align with the company's criteria, ensuring strategic growth and value appreciation.