{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-23-031989","form_type":"8-K","ticker":null,"cik":"0001832950","company_name":"Kernel Group Holdings, Inc.","filed_at":"2023-09-07T23:59:59+00:00","discovered_at":"2026-05-14T18:03:35.581587+00:00","generated_at":"2026-06-10T23:00:34.149026+00:00","sec_items":["1.01","2.03","7.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Kernel Group extends business combination deadline to Oct 5, 2023 via $150K deposit and $900K loan arrangement","bullets":["On September 5, 2023, deposited $150,000 ($0.02/share) into trust to extend deadline to Oct 5, 2023 (second of six monthly extensions).","On July 31, 2023, entered Loan and Transfer Agreements; lenders loaned $900k to sponsor, sponsor loaned $900k to company (SPAC Loan).","SPAC Loan bears no interest, repayable at completion of business combination; lender loan to sponsor accrues 8% interest.","Sponsor transfers 4 Class A shares per $10,000 funded to lenders; SPAC Loan requires 900,000 additional ParentCo shares.","Extension keeps AIRO Group business combination alive; must complete by Oct 5, 2023."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-23-031989","json":"https://secwatch.observer/filing/0001493152-23-031989.json","markdown":"https://secwatch.observer/filing/0001493152-23-031989.md","text":"https://secwatch.observer/filing/0001493152-23-031989.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1832950/000149315223031989/0001493152-23-031989-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1832950/000149315223031989/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-10T23:00:34.149026+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"0dbbf6d8ffb177f95fc8b1672daaa3126b09407d","claim":"Kernel Group Holdings, Inc. incurred loan of $900,000 with Sponsor (VKSS Capital, LLC) and Lenders at 8% per annum (Loan); SPAC Loan does not accrue interest maturing upon the completion of the Company's initial business combination.","evidence_excerpt":"the Lenders loaned an aggregate of $900,000 (the \" Funded Amount \") to the Sponsor (the \" Loan \") and the Sponsor loaned $900,000 to the Company (the \" SPAC Loan \"). The Loan shall accrue interest at 8% per annum and the SPAC Loan does not accrue interest.","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1832950/000149315223031989/0001493152-23-031989-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"loan"},{"label":"Principal","value":"$900,000"},{"label":"Counterparty","value":"Sponsor (VKSS Capital, LLC) and Lenders"},{"label":"Rate","value":"8% per annum (Loan); SPAC Loan does not accrue interest"},{"label":"Maturity","value":"upon the completion of the Company's initial business combination"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"58489f9c82aed148b975638ea252c80e99c9f7a4","claim":"Kernel Group Holdings, Inc. entered into Loan and Transfer Agreements with Sponsor (effective 2023-07-31).","evidence_excerpt":"On July 31, 2023, the Company entered into Loan and Transfer Agreements between the Company, the Sponsor, and other parties (the “ Lenders ”), pursuant to which the Lenders loaned an aggregate of $900,000 (the “ Funded Amount ”) to the Sponsor (the “ Loan ”) and the Sponsor loaned $900,000 to the Company (the “ SPAC Loan ”).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1832950/000149315223031989/0001493152-23-031989-index.htm","confidence":0.85,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Counterparty","value":"Sponsor"},{"label":"Effective","value":"2023-07-31"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}