Kairous Acquisition Corp. Enters Material Definitive Agreement
Ticker: KACLF · Form: 8-K · Filed: Oct 17, 2024 · CIK: 1865468
| Field | Detail |
|---|---|
| Company | Kairous Acquisition Corp. Ltd (KACLF) |
| Form Type | 8-K |
| Filed Date | Oct 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, spac, business-combination
Related Tickers: KACL
TL;DR
Kairous Acquisition Corp. (KACL) signed a big deal on Oct 16th. Details TBD.
AI Summary
Kairous Acquisition Corp. Ltd. entered into a material definitive agreement on October 16, 2024. The company, a blank check company, is involved in the real estate and construction sector. Specific financial details of the agreement were not disclosed in this filing.
Why It Matters
This filing indicates a significant development for Kairous Acquisition Corp. Ltd., suggesting progress towards its business objectives as a special purpose acquisition company.
Risk Assessment
Risk Level: medium — As a blank check company, Kairous Acquisition Corp. Ltd. faces inherent risks related to its ability to identify and complete a business combination.
Key Players & Entities
- Kairous Acquisition Corp. Ltd. (company) — Filer of the 8-K
- 0001865468 (company) — Central Index Key for Kairous Acquisition Corp. Ltd.
- October 16, 2024 (date) — Date of the material definitive agreement
FAQ
What type of material definitive agreement did Kairous Acquisition Corp. Ltd. enter into?
The filing states that Kairous Acquisition Corp. Ltd. entered into a material definitive agreement on October 16, 2024, but does not specify the nature of the agreement.
What is the business of Kairous Acquisition Corp. Ltd.?
Kairous Acquisition Corp. Ltd. is identified as a blank check company with a Standard Industrial Classification of 'BLANK CHECKS [6770]' and is also associated with 'Real Estate & Construction'.
When was the filing submitted?
The filing was submitted on October 17, 2024.
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 per share.
What are the components of the units offered by Kairous Acquisition Corp. Ltd.?
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 2024-10-17 16:05:20
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
- 0001493152-24-041409.txt ( ) — 372KB
- kacl-20240816.xsd (EX-101.SCH) — 5KB
- kacl-20240816_def.xml (EX-101.DEF) — 31KB
- kacl-20240816_lab.xml (EX-101.LAB) — 38KB
- kacl-20240816_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: October 17, 2024 Kairous Acquisition Corp. Limited By: /s/ Athiwat Apichote Name: Athiwat Apichote Title: Chief Executive Officer