Extracted from this filing and checked against the source text.
Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.9
Kairous Acquisition Corp. Ltd entered into "Merger Agreement" with Wellous Group Limited, the shareholders of the Company, the principal beneficial owners of the Company, KAC Merger Sub 1, KAC Merger Sub 2 valued at $270,000,000 (effective 2022-12-09).
- Action
- entry
- Agreement
- merger
- Counterparty
- Wellous Group Limited, the shareholders of the Company, the principal beneficial owners of the Company, KAC Merger Sub 1, KAC Merger Sub 2
- Value
- $270,000,000
- Effective
- 2022-12-09
Exact text from the filing
On December 9, 2022, Kairous Acquisition Corp. Limited, a Cayman Islands exempted company (“ KACL ” or “ Parent ”), entered into that certain Agreement and Plan of Merger (as may be amended, supplemented or otherwise modified from time to time, the “ Merger Agreement ”), by and between KACL, KAC Merger Sub 1, a Cayman Islands exempted company and wholly owned subsidiary of the Parent (“ Purchaser ”), KAC Merger Sub 2, a Cayman Islands exempted company and wholly owned subsidiary of Purchaser (“ Merger Sub ”), Wellous Group Limited, a Cayman Islands exempted company (the “ Company ”), the shareholders of the Company (each, a “ Shareholder ” and collectively, the “ Shareholders ”), and the principal beneficial owners of the Company (the “ Principal Owners ”), pursuant to which (a) KACL will be merged with and into Purchaser (the “ Reincorporation Merger ”), with Purchaser surviving the Reincorporation Merger, and (b) Merger Sub will be merged with and into the Company (the “ Acquisition
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