secwatch.observer — SEC 8-K summary
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Issuer:     Kairous Acquisition Corp. Ltd (KACLF)
CIK:        0001865468
Form:       8-K
Filed at:   2023-05-12T23:59:59+00:00
Accession:  0001493152-23-016670
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Kairous Acquisition amends sponsor notes; conversion at $10.10/sh; deadline June 16, 2023
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- Working Capital Note (up to $1M) amended to convert into ordinary shares at $10.10 per share upon business combination.
- Extension Notes No. 1 & No. 2 (totaling $720K) also convertible at $10.10/share; notes terminate if no deal by June 16, 2023.
- Amendments effective May 10, 2023; all prior terms remain unchanged except as amended.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1865468/000149315223016670/0001493152-23-016670-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1865468/000149315223016670/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-23-016670

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