Kairous Acquisition Corp. Enters Material Agreement
Ticker: KACLF · Form: 8-K · Filed: Nov 15, 2024 · CIK: 1865468
| Field | Detail |
|---|---|
| Company | Kairous Acquisition Corp. Ltd (KACLF) |
| Form Type | 8-K |
| Filed Date | Nov 15, 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
Kairous Acquisition Corp. (KACL) filed an 8-K on Nov 15, 2024, for a material definitive agreement and financial obligation. Big moves coming.
AI Summary
Kairous Acquisition Corp. Ltd. filed an 8-K on November 15, 2024, reporting the entry into a material definitive agreement and the creation of a direct financial obligation. The filing also includes other events and financial statements/exhibits, indicating significant corporate activity for the blank check company.
Why It Matters
This filing signals a significant development for Kairous Acquisition Corp., potentially leading to a business combination or other material financial events.
Risk Assessment
Risk Level: medium — The filing indicates a material definitive agreement and financial obligation, which could involve significant risk depending on the nature of the transaction.
Key Numbers
- 11.50 — Exercise Price (The exercise price for redeemable warrants included as part of units.)
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
- 001-41155 (company) — SEC File Number for Kairous Acquisition Corp. Ltd.
FAQ
What is the nature of the material definitive agreement entered into by Kairous Acquisition Corp. Ltd.?
The filing does not specify the exact nature of the material definitive agreement, only that one was entered into.
What is the direct financial obligation created by Kairous Acquisition Corp. Ltd.?
The filing indicates the creation of a direct financial obligation but does not provide specific details about its amount or terms.
When was this 8-K filing submitted?
The 8-K filing was submitted on November 15, 2024.
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 to receive one-tenth of one ordinary share.
What is the exercise price of the redeemable warrants?
The exercise price of the redeemable warrants is $11.50.
Filing Stats: 673 words · 3 min read · ~2 pages · Grade level 11.4 · Accepted 2024-11-15 16:05:39
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) — 53KB
- ex10-1.htm (EX-10.1) — 30KB
- ex99-1.htm (EX-99.1) — 8KB
- ex99-1_001.jpg (GRAPHIC) — 41KB
- 0001493152-24-046272.txt ( ) — 395KB
- kacl-20241115.xsd (EX-101.SCH) — 5KB
- kacl-20241115_def.xml (EX-101.DEF) — 31KB
- kacl-20241115_lab.xml (EX-101.LAB) — 38KB
- kacl-20241115_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: November 15, 2024 Kairous Acquisition Corp. Limited By: /s/ Athiwat Apichote Name: Athiwat Apichote Title: Chief Executive Officer