Kairous Acquisition Corp. Enters Material Definitive Agreement
Ticker: KACLF · Form: 8-K · Filed: Jul 17, 2024 · CIK: 1865468
| Field | Detail |
|---|---|
| Company | Kairous Acquisition Corp. Ltd (KACLF) |
| Form Type | 8-K |
| Filed Date | Jul 17, 2024 |
| Risk Level | medium |
| Pages | 2 |
| Reading Time | 3 min |
| Key Dollar Amounts | $0.0001, $11.50, $50,000, $10.10 |
| Sentiment | neutral |
Sentiment: neutral
Topics: definitive-agreement, financial-obligation, spac
TL;DR
KACL just signed a big deal, creating a new financial obligation. Watch this space.
AI Summary
Kairous Acquisition Corp. Ltd. (KACL) announced on July 15, 2024, the entry into a material definitive agreement. This filing also details the creation of a direct financial obligation or an obligation under an off-balance sheet arrangement for the registrant. The company is based in Singapore and its fiscal year ends on June 30.
Why It Matters
This filing indicates a significant development for Kairous Acquisition Corp., potentially related to a new financial obligation or partnership that could impact its future operations and financial standing.
Risk Assessment
Risk Level: medium — The filing indicates the creation of a direct financial obligation, which introduces financial risk that needs further evaluation.
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 for ordinary shares.)
Key Players & Entities
- Kairous Acquisition Corp. Ltd. (company) — Registrant
- 0001865468 (company) — Central Index Key
- 2024-07-15 (date) — Date of Report
- 662-255-6851340 (dollar_amount) — Business Phone Number
FAQ
What is the nature of the material definitive agreement entered into by Kairous Acquisition Corp. Ltd. on July 15, 2024?
The filing indicates the entry into a material definitive agreement and the creation of a direct financial obligation or an obligation under an off-balance sheet arrangement, but the specific details of the agreement are not provided in this excerpt.
What is the Central Index Key (CIK) for Kairous Acquisition Corp. Ltd.?
The Central Index Key for Kairous Acquisition Corp. Ltd. is 0001865468.
When is Kairous Acquisition Corp. Ltd.'s fiscal year end?
Kairous Acquisition Corp. Ltd.'s fiscal year ends on June 30.
What is the par value of Kairous Acquisition Corp. Ltd.'s ordinary shares?
The par value of Kairous Acquisition Corp. Ltd.'s ordinary shares is $0.0001.
What is the exercise price for the redeemable warrants issued by Kairous Acquisition Corp. Ltd.?
The redeemable warrants are exercisable at a price of $11.50.
Filing Stats: 673 words · 3 min read · ~2 pages · Grade level 11.2 · Accepted 2024-07-17 08:30:38
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) — 52KB
- ex10-1.htm (EX-10.1) — 48KB
- ex99-1.htm (EX-99.1) — 7KB
- ex99-1_001.jpg (GRAPHIC) — 8KB
- 0001493152-24-028095.txt ( ) — 360KB
- kacl-20240715.xsd (EX-101.SCH) — 5KB
- kacl-20240715_def.xml (EX-101.DEF) — 27KB
- kacl-20240715_lab.xml (EX-101.LAB) — 38KB
- kacl-20240715_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: July 17, 2024 Kairous Acquisition Corp. Limited By: /s/ Athiwat Apichote Name: Athiwat Apichote Title: Chief Executive Officer