Kairous Acquisition Corp. Enters Material Definitive Agreement

TL;DR

Kairous Acquisition Corp. (KACL) signed a key deal on 4/12/24 involving shares, warrants, and rights.

AI Summary

Kairous Acquisition Corp. Ltd. entered into a material definitive agreement on April 12, 2024, related to its units, ordinary shares, redeemable warrants, and rights. The company, incorporated in E9 with a fiscal year end of June 30, is a blank check company operating in the Real Estate & Construction sector.

Why It Matters

This filing indicates a significant step in the company's operational or financial structure, potentially impacting its future business activities and investor relations.

Risk Assessment

Risk Level: medium — As a blank check company, Kairous Acquisition Corp. is subject to inherent risks associated with SPACs, including the uncertainty of finding and completing a business combination.

Key Numbers

• 0.0001 — Par Value of Ordinary Shares (Indicates the nominal value assigned to each ordinary share.)
• 11.50 — Exercise Price of Warrants (The price at which redeemable warrants can be exercised to purchase ordinary shares.)

Key Players & Entities

• Kairous Acquisition Corp. Ltd. (company) — Filer of the 8-K
• 0001865468 (company) — Central Index Key for Kairous Acquisition Corp. Ltd.
• April 12, 2024 (date) — Date of the material definitive agreement
• 0001493152-24-014815 (filing_id) — Accession number of the 8-K filing

FAQ

Key Financial Figures

• $0.0001 — each consisting of one ordinary share, $0.0001 par value, one-half (1/2) of one redeem
• $11.50 — ordinary share at an exercise price of $11.50 included as part of the units KACLW
• $50,000 — te in the aggregate principal amount of $50,000 (the "Note") to Kairous Asia Limited, t
• $10.10 — ary shares of the Company at a price of $10.10 per share at the closing of a business

Filing Documents

• form8-k.htm (8-K) — 51KB
• ex10-1.htm (EX-10.1) — 31KB
• ex99-1.htm (EX-99.1) — 5KB
• ex99-1_001.jpg (GRAPHIC) — 3KB
• 0001493152-24-014815.txt ( ) — 331KB
• kacl-20240412.xsd (EX-101.SCH) — 4KB
• kacl-20240412_def.xml (EX-101.DEF) — 27KB
• kacl-20240412_lab.xml (EX-101.LAB) — 38KB
• kacl-20240412_pre.xml (EX-101.PRE) — 26KB
• form8-k_htm.xml (XML) — 9KB

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this Report to be signed on its behalf by the undersigned hereunto duly authorized. Dated: April 16, 2024 Kairous Acquisition Corp. Limited By: /s/ Athiwat Apichote Name: Athiwat Apichote Title: Chief Executive Officer

View Full Filing

View this 8-K filing on SEC EDGAR