Kairous Acquisition Corp. Ltd. Enters Material Agreement
Ticker: KACLF · Form: 8-K · Filed: Sep 16, 2024 · CIK: 1865468
| Field | Detail |
|---|---|
| Company | Kairous Acquisition Corp. Ltd (KACLF) |
| Form Type | 8-K |
| Filed Date | Sep 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: material-agreement, financial-obligation, acquisition-corp
TL;DR
Kairous Acquisition Corp. Ltd. signed a big deal, creating new financial obligations.
AI Summary
Kairous Acquisition Corp. Ltd. entered into a material definitive agreement on September 13, 2024. 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 incorporated in E9 and its fiscal year ends on June 30.
Why It Matters
This filing indicates a significant development for Kairous Acquisition Corp. Ltd., potentially involving new financial commitments or strategic partnerships that could impact its future operations and financial standing.
Risk Assessment
Risk Level: medium — The filing indicates a material definitive agreement and new financial obligations, which introduces potential risks related to the terms and execution of these arrangements.
Key Numbers
- 0630 — Fiscal Year End (Indicates the end of the company's financial reporting year.)
- 11.50 — Exercise Price (This is the exercise price for the redeemable warrants, which are part of the units.)
Key Players & Entities
- Kairous Acquisition Corp. Ltd. (company) — Filer
- 0001865468 (company) — Central Index Key
- 6770 (company) — Standard Industrial Classification Code
- 001-41155 (company) — SEC File Number
FAQ
What is the nature of the material definitive agreement entered into by Kairous Acquisition Corp. Ltd. on September 13, 2024?
The filing does not specify the exact nature of the material definitive agreement, only that one was entered into on September 13, 2024.
What type of financial obligations has Kairous Acquisition Corp. Ltd. created?
The filing states the creation of a 'Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement' but does not provide specific details on the type or amount.
What is Kairous Acquisition Corp. Ltd.'s Standard Industrial Classification (SIC) code?
Kairous Acquisition Corp. Ltd.'s SIC code is 6770, which corresponds to 'BLANK CHECKS'.
When does Kairous Acquisition Corp. Ltd.'s fiscal year end?
Kairous Acquisition Corp. Ltd.'s fiscal year ends on June 30 (0630).
What are the components of the units offered by Kairous Acquisition Corp. Ltd. as described in the filing?
The units consist of one ordinary share, one-half of one redeemable warrant, and one right entitling the holder to receive one-tenth of one ordinary share.
Filing Stats: 673 words · 3 min read · ~2 pages · Grade level 11.4 · Accepted 2024-09-16 08:30:34
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
- 0001493152-24-036299.txt ( ) — 372KB
- kacl-20240913.xsd (EX-101.SCH) — 5KB
- kacl-20240913_def.xml (EX-101.DEF) — 31KB
- kacl-20240913_lab.xml (EX-101.LAB) — 38KB
- kacl-20240913_pre.xml (EX-101.PRE) — 28KB
- 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: September 16, 2024 Kairous Acquisition Corp. Limited By: /s/ Athiwat Apichote Name: Athiwat Apichote Title: Chief Executive Officer