Kairous Acquisition Corp. Enters Material Definitive Agreement
Ticker: KACLF · Form: 8-K · Filed: Aug 16, 2024 · CIK: 1865468
| Field | Detail |
|---|---|
| Company | Kairous Acquisition Corp. Ltd (KACLF) |
| Form Type | 8-K |
| Filed Date | Aug 16, 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 signed a big deal, could be a SPAC merger or new debt. Details TBD.
AI Summary
Kairous Acquisition Corp. Ltd. (KACL) announced on August 16, 2024, the entry into a material definitive agreement. The company, a blank check company, is involved in the creation of direct financial obligations and obligations under off-balance sheet arrangements. Specific details regarding the agreement, financial obligations, or dollar amounts were not provided in this filing.
Why It Matters
This filing indicates a significant step for Kairous Acquisition Corp., potentially signaling a business combination or a new financial commitment that could impact its future operations and shareholder value.
Risk Assessment
Risk Level: medium — The filing indicates a material definitive agreement and financial obligations, but lacks specific details, creating uncertainty about the nature and impact of these events.
Key Players & Entities
- Kairous Acquisition Corp. Ltd. (company) — Filer of the 8-K report
- 0001865468 (company) — Central Index Key for Kairous Acquisition Corp. Ltd.
- 6770 (company) — Standard Industrial Classification for Blank Checks
FAQ
What is the nature of the material definitive agreement entered into by Kairous Acquisition Corp. Ltd.?
The filing does not specify the nature of the material definitive agreement, only that one was entered into on August 16, 2024.
What are the specific financial obligations created by Kairous Acquisition Corp. Ltd.?
The filing mentions the creation of direct financial obligations and obligations under off-balance sheet arrangements, but does not provide specific details or amounts.
When was this material definitive agreement entered into?
The material definitive agreement was entered into on August 16, 2024.
What is the business address of Kairous Acquisition Corp. Ltd.?
The business address is Level 39, Marina Bay Financial Centre, Tower 2, 10 Marina Boulevard, Singapore, 018983.
What is the SIC code for Kairous Acquisition Corp. Ltd.?
The Standard Industrial Classification (SIC) code is 6770, which corresponds to Blank Checks.
Filing Stats: 673 words · 3 min read · ~2 pages · Grade level 11.2 · Accepted 2024-08-16 09:00:10
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) — 48KB
- ex99-1.htm (EX-99.1) — 7KB
- ex99-1_001.jpg (GRAPHIC) — 13KB
- 0001493152-24-032756.txt ( ) — 366KB
- kacl-20240816.xsd (EX-101.SCH) — 5KB
- kacl-20240816_def.xml (EX-101.DEF) — 27KB
- kacl-20240816_lab.xml (EX-101.LAB) — 38KB
- kacl-20240816_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: August 16, 2024 Kairous Acquisition Corp. Limited By: /s/ Athiwat Apichote Name: Athiwat Apichote Title: Chief Executive Officer